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Canary Wharf Group

  • Landmark Canary Wharf building given the green light

    Property

    Plans to construct a new landmark building in London’s Canary Wharf have been given the green light. Canary Wharf Group (CWG) has secured planning permission to build a 46-story student accommodation building in the Wood Wharf neighbourhood. The development at 7 Brannan Street will contain 912 bedrooms, increasing Canary Wharf’s current population of 3,500 students [...]

  • UCL expands footprint in One Canada Square

    News

    UCL School of Management has announced it will expand its facilities at Canary Wharf as the financial services hub continues to diversify its offering. The UCL school at One Canada Square, which offers undergraduate, postgraduate, executive and PhD programmes, will occupy two additional floors on levels 48 and 49 for staff, teaching and learning spaces. [...]

  • Canary Wharf takes £610m loan from investment giant Apollo

    Property

    Canary Wharf has borrowed £610m from American investment giant Apollo in a refinancing deal that will allow it to repay bonds due over the next two years. The company, which was acquired Brookfield Property Partners and the Qatar Investment Authority in 2015, said the loan was secured against the majority of its 1.2m square feet [...]

  • Canary Wharf unveils ‘urban oasis’ in historic partnership with the Eden Project

    October 2, 2024

    Canary Wharf has unveiled a groundbreaking biodiversity scheme with the Eden Project, as the banking district goes green to improve workers’ experiences. The first-of-its-kind Eden Dock was unveiled on Wednesday, with the Canary Wharf Group (CWG) describing it as an “urban oasis”. The partnership will improve biodiversity in the area and offer more touch points [...]

  • Canary Wharf Group’s credit rating cut further into ‘junk’ amid office exodus

    September 11, 2024

    Canary Wharf Group's credit rating was cut deeper into "junk" status by Fitch as the east London financial district struggles to attract workers to its offices and battles an exodus of star tenants.

  • Canary Wharf owners look to sell stake in shopping malls as office portfolio struggles

    September 1, 2024

    Canary Wharf's owners are reportedly in talks with third parties to sell a stake in its four underground shopping centres as the banking district's office portfolio struggles with working from home trends.

  • Canary Wharf and Me: Padium and Urban Greens founder Houman Ashrafzadeh

    July 4, 2024

    Padium and Urban Greens founder Houman Ashrafzadeh tells us about teary-eyed and sweaty-palmed moments in business.

  • End of an era: The man behind Canary Wharf’s rise to step away after 36 years

    June 19, 2024

    Canary Wharf chairman Sir George Iacobescu is to step down as chair of the developer

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