Morgan Stanley UK Group (“Morgan Stanley”) extends lease with Canary Wharf Group (“CWG”) on its 547,000 sq ft EMEA Headquarters at 20 Bank Street. The lease will run until 2038 and includes an investment to enhance the property’s sustainability performance.
“Canary Wharf has been the location for our EMEA headquarters for over 30 years and we’re pleased to be extending that tenure” said Chris Beatty, EMEA COO for Morgan Stanley. “The Wharf is a great place to work and we’re looking forward to witnessing the next stages of Canary Wharf’s evolution first hand.”
Shobi Khan, CEO, CWG said, “We are delighted Morgan Stanley is reconfirming its commitment to Canary Wharf to be a part of an extraordinary environment for the world’s leading and most innovative companies.
Occupiers increasingly value Canary Wharf’s vibrant mixed use neighbourhood for its excellent transport links, diverse leisure and amenities including access to 5km of water boardwalks and 16.5 acres of parks. In addition, with over 300 shops and 70 cafes, bars, and restaurants, there is a plethora of diverse retail and dining options.
Morgan Stanley will continue to benefit from CWG’s partnership with the Eden Project, greening the estate and transforming the Middle Dock, opening up the water and providing greenery for everyone to enjoy.”
Notes to Editors
About Canary Wharf Group:
Canary Wharf Group (CWG) is the developer of the largest urban regeneration project in Europe. CWG develops, manages and currently owns interests in approximately 9 million square feet of mixed-use space and over 1,100 Build to Rent apartments.
CWG is committed to turning sustainability ambition into impactful action. Examples include purchasing 100% electricity from renewable sources since 2012, our partnership with the Eden Project creating a place for nature and people and working to deliver our Science-Based Target.
CWG has created a 24/7 city where people can live, work and thrive on the Canary Wharf estate and enjoy all the benefits: great transport links, access to 16.5 acres of green spaces and waterside living; and a wide range of amenities including an award-winning arts and events programme. Canary Wharf’s retail offering comprises over 70 bars, cafes and restaurants and over 300 shops, including 8 grocery stores, pharmacies and health clubs all within 15 minutes’ walk.
20 Bank Street is secured under the existing CMBS securitisation. Further information can be found on the investor section of the CWG website.
www.canarywharf.com
LinkedIn: @CanaryWharfGroup
Instagram: @canarywharflondon
Twitter: @CanaryWharfGrp / @Level39CW