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Property For Rent in Canary Wharf

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Canary Wharf is a major business district in London, within the London Borough of Tower Hamlets. It is one of the United Kingdom`s two main financial centres – along with the City of London – and contains many of Europe`s tallest buildings, including the second-tallest in the UK, One Canada Square.[1][2]

Canary Wharf contains around 16,000,000 square feet (1,500,000 m2) of office and retail space, of which around 7,900,000 square feet (730,000 m2) (about 49%) is owned by Canary Wharf Group.[3] Around 105,000 people work in Canary Wharf,[4] and it is home to the world or European headquarters of numerous major banks, professional services firms, and media organisations, including Barclays, Citigroup, Clifford Chance, Credit Suisse, EY, Fitch Ratings, HSBC, Infosys, J.P. Morgan, KPMG, MetLife, Moody`s, Morgan Stanley, RBC, Deutsche Bank, S&P Global, Skadden, State Street, and Thomson Reuters.[5]

Canary Wharf is located on the West India Docks on the Isle of Dogs.

From 1802 to 1939, the area was one of the busiest docks in the world. After the 1960s, the port industry began to decline, leading to all the docks being closed by 1980.[6][7] Of the three main docks of the West India Docks, the Canary Wharf estate occupies part of the north side and the entire south side of the Import Dock (North Dock), both sides of the Export Dock (Middle Dock) and the north side of the South Dock.

Canary Wharf itself takes its name from No. 32 berth of the West Wood Quay of the Import Dock. This was built in 1936 for Fruit Lines Ltd, a subsidiary of Fred Olsen Lines for the Mediterranean and Canary Islands fruit trade. The Canary islands were so named after the large dogs found there by the Spanish (Gran Canaria from Canine) and as it is located on the Isle of Dogs, the quay and warehouse were given the name Canary Wharf.[8]

After the docks closed in 1980, the British Government adopted policies to stimulate redevelopment of the area, including the creation of the London Docklands Development Corporation in 1981 and the granting of Urban Enterprise Zone status to the Isle of Dogs in 1982.[7]

The Canary Wharf of today began when Michael von Clemm, former chairman of Credit Suisse First Boston (CSFB), came up with the idea to convert Canary Wharf into a back office. Further discussions with G Ware Travelstead led to proposals for a new business district.

The project was sold to the Canadian company Olympia & York[9] and construction began in 1988, master-planned by Skidmore, Owings & Merrill with Yorke Rosenberg Mardall as their UK advisors, and subsequently by Koetter Kim. The first buildings were completed in 1991, including One Canada Square, which became the UK`s tallest building at the time and a symbol of the regeneration of Docklands. By the time it opened, the London commercial property market had collapsed, and Olympia and York Canary Wharf Limited filed for bankruptcy in May 1992.

Initially, the City of London saw Canary Wharf as an existential threat. It modified its planning laws to expand the provision of new offices in the City of London, for example, creating offices above railway stations (Blackfriars) and roads (Alban Gate). The resulting oversupply of office space contributed to the failure of the No 1 Canada Square project.

In December 1995 an international consortium, backed by the former owners of Olympia & York and other investors, bought the scheme. The new company was called Canary Wharf Limited, and later became Canary Wharf Group.

Canary Wharf was the target of a powerful bombing by the IRA in February 1996, killing two people and injuring more than a hundred.

In 1997, some residents living on the Isle of Dogs launched a lawsuit against Canary Wharf Ltd for private nuisance because the tower interfered with television signals. The residents lost the case.[10]

Recovery in the property market generally, coupled with continuing demand for large floorplate Grade A office space, slowly improved the level of interest. A critical event in the recovery was the much-delayed start of work on the Jubilee Line Extension, which the government wanted ready for the Millennium celebrations.

In March 2004, Canary Wharf Group plc. was taken over by a consortium of investors, backed by its largest shareholder Glick Family Investments[11] and led by Morgan Stanley using a vehicle named Songbird Estates plc.

At the peak of property prices in 2007, the HSBC building sold for a record £1.1 billion.[12]

In March 2014 planning permission was granted for the second residential building on the Canary Wharf estate, a 58-storey tower including 566 apartments plus shops and a health club.[13]

In July 2014 Canary Wharf Group was granted planning permission for a major eastwards expansion of the Canary Wharf estate.[14][15] The plans include the construction of 30 buildings comprising a total of 4.9 million square feet, including shops, 1.9 million square feet of commercial offices and 3,100 homes.[14][15] Construction is planned to commence in autumn 2014 with the first buildings to be occupied at the end of 2018.[14]

In 2014, Singapore listed Oxley Holdings, together with developer Ballymore UK, have a joint venture to set up a new waterfront township of Royal Wharf with 3,385 new homes housing over 10,000 people.

Room (Double), Vantagae Mews, Canary Wharf Price £141 pw +Fees
Available 24 April 2018
**SINGLE PERSON **Lovely modern spacious double room with en suite located in the fabulous Canary Wharf is available mid April
Click for Details or Contact us quoting Ref.2271
Apartment, Lincoln Plaza, London Price £440 pw +Fees
Available Now
Spacious brand new studio apartment at one of the most prestigious development of Canary Wharf - Lincoln Plaza. The apartment comprises of an open dining room/ living area with a segregated newly finished kitchen. The reception area leads on to the balcony with amazing views over Canary Wharf.
Click for Details or Contact us quoting Ref.2833
2 Bedroom Apartment, London Price £430 pw +Fees
Available Now
Amazing 2 Double Bedroom and 2 Bathroom with River Views Available NOW for viewings
Click for Details or Contact us quoting Ref.2821
1 Bedroom Apartment, New Providence Wharf, Canary Wharf Price £385 pw +Fees
Available Now
Click for Details or Contact us quoting Ref.2818
Room (Double), Studley Court, Canary Wharf Price £196 pw +Fees
Available Now
This Spacious Double bedroom Located Next to Crossharbour DLR Station. Rent Included Council Tax and Water Rates E14.
Click for Details or Contact us quoting Ref.1851
2 Bedroom Apartment, Westferry Road, Westferry Price £357 pw +Fees
Available Now
This lovely and fully furnished Two bedroom flat is available to let within the well-establish Ocean Wharf development, which is situated in Canary Wharf, E14.
Click for Details or Contact us quoting Ref.264
Room, Canary Wharf Price £184 pw +Fees
Available Now
Abby homes is proud to offer this single room for let in the canary wharf area 5 minuet walk to Mudchute station this room includes all bills and comes part furnished. this rooms also allows for access to a communal garden, free wifi, central heating and wooden floor through out.
Click for Details or Contact us quoting Ref.2769
Studio, Marshfield Street, Cubitt Town Price £219 pw +Fees
Available Now
This Large Studio is conveniently located next to Crossharbour DLR Station. Rent Included Council Tax and Water Rates E14.
Click for Details or Contact us quoting Ref.1280
Studio, Manchester Road, Canary Wharf Price £220 pw +Fees
Available Now
**SINGLE PERSON STUDIO**Ground floor Studio with communal garden available to rent now. Next to South Quay and Crossharbour DLR station, Asda, Close to Canal, Inclusive of Council Tax and Water Rate`s
Click for Details or Contact us quoting Ref.1043
2 Bedroom Apartment, Galleons View, London Price £369 pw +Fees
Available Now
Abby homes are delighted to offer this spacious 2 bedrooms 2 bathroom apartment set just a stones throw from South Quay DLR Station providing swift access to Canary Wharf and the city. Highly spacious apartment, benefiting from a private terrace, Master bedroom with en-suite and ample
Click for Details or Contact us quoting Ref.2700
Abby Homes

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