Tuesday, August 29, 2023

Canary warning

Canary Wharf is in need of rapid 're-imagining'.  HSBC are the latest key tenants to downsize, post-pandemic, vacating in 2027, after more than twenty years on site. 

They've moving to 'Panorama St Paul's', taking about half the space they used in 8, Canada Square. The Panorama building is in itself "an extensive repositioning of the former British Telecom headquarters".

Could 8 Canada Square become post flats ? This Bloomberg deep dive thinks it unlikely....

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