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Tenants flood lifts value of Canary Wharf to Pounds 6.7 billion
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THE value of Canary Wharf has rocketed in the past year as
companies have flooded to the east London mecca and construction
started on four buildings for US banks State Street and Bear Stearns
and accountants KPMG.
In clear evidence of the development's success in drawing tenants
from the City and overseas, majority owner Songbird Estates said the
7.9 million square feet of office space in the development was 95.6%
occupied, up from 89.6% this time last year.
The market value o...
Related newspaper, magazine, and journal articles from HighBeam Research
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pounds 2bn float will crown the fall and rise of Canary Wharf
The Independent - London
; ONE OF the newest and most instantly recognisable features of London's skyline - Canary Wharf and its fifty-storey tower - is to be floated on the stock market. The Docklands development once hailed as the shining beacon of Thatcherite yuppiedom formally rose from the ashes of recession yesterday
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The investment bankers' landlord Canary Wharf's Romanian-born chief executive explains why his 'modest city' in the London docklands can prosper even while rents elsewhere are falling
The Sunday Telegraph London
; George Iacobescu couldn't get away from his job if he tried. Behind his desk is a model of the Canary Wharf estate, which he runs as the FTSE100 property group's chief executive. On the other side of his office are dozens of enormous photographs charting the 14-year transformation of a derelict
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Canary Wharf aims to cut tax on pounds 2bn giveaway
The Independent - London
; Canary Wharf, the quoted property giant, is exploring ways of returning up to pounds 2bn to shareholders without giving them a huge tax bill. The FTSE 100 company will outline the options in the annual report to be published before its November AGM . In June, Canary Wharf pledged to return capital
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Reichmann plots pounds 1.8bn offer for Canary Wharf Chairman fears company is undervalued
The Sunday Telegraph London
; PAUL REICHMANN, the executive chairman of Canary Wharf, is preparing a pounds 1.8bn bid for the property company he floated on the stock market in 1998. The Docklands group has put itself up for auction and has set a deadline for offers of this Thursday. In an unexpected move, Reichmann is thought
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 "The Mirror (London, England)")
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CITY SLICKERS: SKY'S THE LIMIT; Canary Wharf in pounds 2.6bn float.(Features)
The Mirror (London, England)
; CANARY Wharf, Britain's biggest city complex, is floating on the London Stock Exchange for pounds 2.6 billion. Investors will get a chance to snap up shares as early as Easter. One quarter of Canary Wharf Ltd will be up for grabs. The rest will stay in the hands of owner Paul Reichmann and a
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