London. That magical city which sits so proudly at the epicentre of the nation. For Britons, it is a place that shows the best of what they have to offer the world for economy and culture. While people overseas look at it as a fascinating city steeped in... Read More
As the regulations surrounding High Street banks continue to grow, many are now seeking to comply with the “ring fencing” rule by establishing separate headquarters for their personal and business divisions and their investment arms. However, today... Read More
Songbird Estates has conceded defeat in its battle to hold on to Canary Wharf, and reluctantly recommended that shareholders accept the offer from Canadian property investor Brookfield and Qatar’s sovereign wealth fund QIA. Today’s recommendation... Read More
Throughout January, Canary Wharf will be playing host to a spectacular illuminated arts exhibition featuring a dazzling range of interactive sculptures, projections, digital art and lasers, all created by eleven internationally acclaimed artists. The... Read More
As consumers continue to spend following several years of recession, retailers and groups within the industry are seeking ways in which to capitalise on this upturn by boosting footfall levels and dwell times. This could see shops and bars in Canary Wharf... Read More
Tower Hamlets decision to give the go-ahead for the expansion of Canary Wharf is welcome news for London's residential and commercial property sectors. The mixed-use Wood Wharf scheme will add an additional 4.9 million sq ft to London’s development... Read More
Bonds secured by commercial property in Canary Wharf have fallen to their lowest level in three years, Bloomberg reports. The fall is due to concerns that the debt may be bought back at a lower value than the market price. The £954.3m class A1... Read More
Following last week’s reports that the London headquarters of law firm Clifford Chance was attracting interest from Chinese investors, Canary Wharf Group (CWG) has confirmed the sale of the 32-storey skyscraper. In a statement the group says that the... Read More
A state-owned Chinese insurance company is involved in discussions to buy the headquarters of the Clifford Chance law firm. This development is further evidence that London's commercial property market is firing on all cylinders. Funds controlled by... Read More
Outline plans for a 190-metre tower have been approved by Tower Hamlets Council. A proposal, for a three-storey development, at Heron Quays West, was first approved in 2008 but the project was abandoned following the financial crash. The latest plan is... Read More
