Canary Wharf Group (CWG) announces that Visa is leasing 300,000 sq ft on a 15-year term at the iconic One Canada Square. Visa is relocating its European headquarters from Paddington to Canary Wharf from the summer of 2028, in a new space dedicated to driving the future of digital payments across the region.
This latest transaction adds to the strong leasing momentum at Canary Wharf with more than 750,000 sq ft of office transactions announced this year. 2025 will be CWG’s best office leasing year in more than a decade.
“Relocating our European headquarters marks a significant investment in our people and a bold next step for Visa in Europe,” said Antony Cahill, Regional President and CEO, Visa Europe. “Our new home at One Canada Square will provide an open, modern and welcoming environment for our clients and partners. Digital payments power economies right across Europe. This exciting next step will better position us to pioneer the future of payments, giving Europeans access to world-class payment experiences while being offered the highest levels of security, resilience and reliability.”
Shobi Khan, CEO of CWG added: “Canary Wharf continues to attract a diverse range of global businesses. We are delighted to welcome Visa who have chosen the Wharf for their European headquarters as the best location to support their business growth. Our first-rate connectivity, world-class amenities and vibrant community make us an exceptional environment where businesses can establish and grow. Visa joins a fintech community of more than 65 companies ranging from innovative startups to global leaders in our growing tech and AI community. This diverse customer base reflects our evolution into a thriving mixed-use district that supports customers at every stage of their journey.”
Over the past six years, approximately £7 billion has been invested in new developments, infrastructure, and amenities by CWG and other stakeholders, making Canary Wharf one of the most well-capitalised and dynamic mixed-use districts globally.
Visa join a growing list of blue-chip companies committed to the Wharf, including JPMorgan Chase with its new European headquarters, Barclays, BBVA, Citibank, Fitch, HSBC, Morgan Stanley, Revolut and UCL alongside new arrivals including AviadoBio, Hershey’s, Hexaware, OKX, McLaren Construction, and Zopa.
Notes to Editors
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About Canary Wharf Group (‘CWG’)
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 1,400 Build to Rent apartments. Canary Wharf’s retail offering is ranked the UK’s number one shopping destination by Green Street.
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 Targets.
CWG has created a 24/7 city where people can live, work and thrive and enjoy all the benefits that Canary Wharf provides: 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 and leisure offer includes over 80 bars, cafes and restaurants and more than 320 shops, including 8 grocery stores, pharmacies and health clubs all within 15 minutes’ walk. CWG recorded its highest annual footfall of more than 72 million to its retail malls in 2024.
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