In 2015, Brookfield Properties and Qatar Investment Authority took over Canary Wharf Group for £2.6 billion. Songbird was delisted following the takeover.
Canary Wharf's special tax advantages have long been controversial. It has already benefited from around £1 billion of tax breaks to lure tenants from the City. And under a complex but legal tax avoidance deal it is already factoring in nearly £400m more after flotation.
Clashes Erupt at Anti-Immigration Protest in London’s Canary Wharf | 4 Arrested | APT
Why is Canary Wharf a financial district?
The project involved massive infrastructure works including the creation of a new dock, the excavation of a vast area, and the construction of high-rise office buildings. The redevelopment aimed to attract financial institutions and businesses to the area and it established Canary Wharf as a major financial district.
Other major firms leaving Canary Wharf for the City include HSBC, Moody's and Clifford Chance, as businesses attempt to shrink their office footprints to cope with the rise of hybrid working.
Dan K. Eberhart (bornOctober 22, 1979) is chief executive officer of Canary, LLC, a Denver, Colorado-based drilling-services company, and managing partner of Eberhart Capital, LLC.
Canary Wharf - part of London Docklands, on the eastern edge of the City - is the financial capital of London. There is much more to this area than just high-rise offices, with a long history, continual redevelopment, plus tons of shopping and leisure options.
However, the Estate is privately owned by Canary Wharf Group and, as owners of the Estate, we have a duty to ensure that any activity that takes place there including filming and photography is safe, carries the correct insurance, minimises disruption and does not compromise security.
Living in Canary Wharf is an experience in itself, thanks to its vibrant, cosmopolitan lifestyle. This East London gem is renowned for its modern architecture reflected in its impressive high-rise buildings.
Old money British family owns half of London and you've probably never even heard of them. Meet the Groveners led by Hugh Grovener, the seventh Duke of Westminster. He's just 33 years old worth over 10 billion pounds and godfather to Prince George. Their secret land, lots of it.
Canary Wharf is a privately owned financial district in London, England, located on the Isle of Dogs in the London Borough of Tower Hamlets. The Greater London Authority defines it as part of London's central business district, alongside Central London.
What is the significance of the 'Canary' identity in the Arrowverse? In the Arrowverse, the 'Canary' identity is a vigilante codename, first assumed by Earth-1 Laurel Lance, then Evelyn Sharp and Dinah Drake. Dinah's identity as Black Canary was revealed to the public when she publicly used her sonic scream.
Sir Nigel Wilson. Sir Nigel is the Chairman of CWG. He joined in July 2024 as the successor to Sir George Iacobescu CBE. Sir Nigel most recently held the role of Chief Executive of Legal and General from 2012 to 2024, having joined the company in 2009 as its Chief Financial Officer.
Canary Wharf owners' credit rating cut deeper into 'junk' territory. The owner of Canary Wharf has had its credit rating cut deeper into “junk” territory over concerns about its debts as it struggles to attract workers back to the east London office hub after the pandemic.
“It [Canary Wharf] is becoming an adult. It's gone from being a well-funded, shiny office destination to becoming a seven-days-a-week residential mixed-use hotspot—and that's going to take time,” Jayson said.
HSBC could have decided to cut costs by moving to a business park on the outskirts of London. But they didn't. Instead, the bank justified the move to be “well-connected to major transport links and amenities” and “a more convenient location for employees”.
Alongside HSBC, Moody's, the rating agency, and law firm Clifford Chance have chosen to leave, while Barclays and Morgan Stanley have both reduced their footprint in the district. Deutsche Bank is also reviewing its presence in Canary Wharf.
Canary Wharf has a lot of history behind it. The area now known as the financial district of London has been much more. In medieval times it used to be called Stephany Marsh and only later, in the 16th century took the name of Isle of Dogs.
Today, Canary Wharf has a working population of 120,000. But that's set to double. By the late 2020s, it's expected to reach 240,000. Here's why: Canary Wharf offers more economic office space compared to its western counterparts.
