New £100,000,000 Sustainability-linked super senior revolving credit facility – 28.09.22

Canary Wharf Group Investment Holdings plc (“CWGIH” or the “Company”), the largest London-based REIT focusing on the sustainable development, management and ownership of an iconic collection of prime office and retail space and build-to-rent apartments in Canary Wharf, has entered into a Sustainability-linked super senior revolving credit facility agreement dated 16 September 2022 pursuant to which it has obtained revolving credit facilities aggregating to £100,000,000 (the “New RCF”), which are currently undrawn as of today.

The board of directors of CWGIH considers that the New RCF will further strengthen the Company’s liquidity position.

ENDS

For further information, please contact:

Press Office
Canary Wharf Group plc
T: 020 7418 2166
E: pressoffice@canarywharf.com

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. 

Having delivered over 20m sq ft of space certified under sustainability schemes such as BREEAM Sustainability has been focal to CWG for many years. CWG also excels operationally as it has purchased 100% electricity from renewable sources since 2012 and sent zero waste to landfill since 2009. 

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 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 300 shops, including grocery stores, pharmacies, health clubs, bars and restaurants, all within 15 minutes’ walk. 

The Company’s current £2bn construction activity and pipeline includes more than 500k square feet NIA of commercial properties and over 2,300 new homes for sale and rent.

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