Branch2 Intelligence
PwC joins the Canary Wharf crowd in major property shake-up
Key takeaway
PwC signs 350,000 sq ft lease at One Eden, Canary Wharf, reversing the docklands vacancy trend.
- Step 1PwC signs 350,000 sq ft lease at One Eden, Canary Wharf.
- Step 2Canary Wharf Group's occupancy and rental income increase, improving its financial position.
- Step 3Other professional services firms may follow PwC, accelerating the Canary Wharf revival and pressuring landlords in other London office markets.
- Step 4Increased demand for fit-out and serviced office providers in Canary Wharf.
Source: City A.M.
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