Reichmann sets puzzle over Canary

THE battle for Canary Wharf took a fresh twist today when the team led by founder Paul Reichmann said there could be 'no certainty' it would announce an offer for the property empire.

Bid vehicle IPC Advisors said it had been encouraged by potential investors' responses and Reichmann would make a decision at 'a relevant time based on all of the information available'.

The statement follows reports that Reichmann is favourite to land the business.