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August 04, 2015 4:59 AM ET

Real Estate Management and Development

Company Overview of Canary Wharf Group plc

Company Overview

Canary Wharf Group plc, through its subsidiaries, engages in integrated property development, investment, management, and construction activities. It is primarily focused on the development of office and retail space on its estate, which comprises approximately 97 acres in London. The company also engages in the redevelopment of the Shell Centre and 20 Fenchurch Street through joint ventures. As of December 31, 2013, it had an investment property portfolio of 18 completed properties totaling approximately 7.4m square feet (sq ft) of net internal area. The company was incorporated in 2001 and is based in London, the United Kingdom. Canary Wharf Group plc is a subsidiary of Songbird Finance Li...

One Canada Square

Canary Wharf

London,  E14 5AB

United Kingdom

Founded in 2001

972 Employees


44 20 7418 2000


44 20 7418 2222

Key Executives for Canary Wharf Group plc

Chairman, Chief Executive Officer and Chairman of Operating Committee
Age: 68
Managing Director of Finance, Executive Director and Member of Operating Committee
Age: 61
Assistant Company Secretary
Special Advisor
Compensation as of Fiscal Year 2015.

Canary Wharf Group plc Key Developments

Canary Wharf Group plc Receives Approval for New Office Building at 1 Bank Street, London

Canary Wharf Group plc has received approval from the Tower Hamlets planning committee for a new 700,000Sqft office building at 1 Bank Street, Canary Wharf in London. This striking new 27-storey commercial scheme will comprise high-quality office space including three levels of trading floors, a retail unit at ground level, a free-standing retail kiosk on South Dock Promenade, public realm, planting and landscaping and basement car and cycle parking. There will also be public access to a new promenade along the South Dock.

Societe Generale to Lease 280,000 sq ft in New Canary Wharf Office Building

Canary Wharf Group plc announced that Societe Generale will occupy the ground and first to seventh floors in this 26 storey building on a 25 year lease at a rent of £47.50 per sq ft and 36 months rent free commencing from the summer of 2019. Societe Generale also has an option to hand back a floor of approximately 31,000 sq ft at year 10 as well as options to take additional space on levels 8 and 9.

Canary Wharf Group plc Announces Earnings Results for the Six Months Ended June 30, 2014

Canary Wharf Group plc announced earnings results for the six months ended June 30, 2014. For the period, the company reported loss after tax was GBP 118.2 million, or a loss of 18.5 pence per share, compared to a profit after tax of GBP 4.8 million, or 0.8 pence per share, for the same period ended June 30, 2013. Turnover was GBP 193.5 million, compared to GBP 169.8 million for the same period ended June 30, 2013. Operating profit was GBP 116.1 million, compared to GBP 89.9 million for the same period ended June 30, 2013.

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