Knowledge

London Area GuideCanary Wharf Office Space to Rent

Area Overview

Canary Wharf is one of London’s major business districts, on the Isle of Dogs. Home to some of the UK's biggest financial and media organisations, the area is one of the main financial centres in the UK after the City of London. The district was borne out of the former docks that were in use up until the 1970’s.

The instantly recognisable skyline features some of the tallest buildings in London, including One Canada Square, the third tallest building in the UK. It is joined by numerous residential buildings all of which are in high towers.

What to do and see

  • retail

    Canary Wharf Shopping Centre

  • museum

    Museum of London Docklands

  • education

    University of Sunderland, UCL School of Management

  • sailing

    Docklands Sailing and Water sports Centre

The Workforce

The workforce across the Docklands area is host to more than 120,000 people primarily working in the financial sector. Increasingly the workforce has diversified to government departments, technology firms, and global corporates.

A significant provision of housing in the surrounding area has created a ready-made pool of prospective employees.

The area is attracting a new generation of residents and workers as it continues to evolve

Transport

  • transport-overground

    Jubilee Line, DLR, London Overground

  • transport-airplane

    London City Airport

  • river-stops

    1 river stop

  • transport-crossrail

    3 new Elizabeth Line stations

Employment & Industries

transport-crossrail transport-crossrail

Growth Sectors (GVA) 2015-2019

  • economy-professional-services

    Professional Servcies
    - up by 59%

  • economy-health

    Health
    - up by 46%

  • economy-government

    Government
    - up by 42%

The Office Market

The Docklands office market is a purpose-built business district that has grown since the first buildings were erected in the late 1990’s. Designed to give large financial firms space that could not be found more centrally, it became a hub for finance in the UK. The area has diversified over the past 10 years and as such the occupier base is more dynamic. Future development will continue to support this.

Business Districts

  • Blackwall
  • Bank Street
  • Canary Wharf
  • Churchill Place
  • South Quay
  • New District
  • Westferry
  • Marsh Wall

Major Employers

  • hsbc
  • barclays
  • bp
  • clifford-chance
  • jp-morgan

Largest deals in 2020-21

Company Sector Building Size (sq ft)
BP Corporate 25 The North Colonnade 205,592
Barts Health Other 20 Churchill Place 45,135
IPC Information Systems Technology 40 Bank Street 17,924
CSC Admin Corporate 5 Churchill Place 11,296
World Fuels Corporate 1 Canada Square 11,267

Mid sized deals in 2020-21

Company Sector Building Size (sq ft)
- - 1 Canada Square 5,313
Fairmort Technology 189 Marsh Wall 3,865
Yuanda Professional 189 Marsh Wall 3,003
Mentor IMC Professional 5 Greenwich View 1,687
RDI Solutions Professional 5 Greenwich View 1,170

Prime Office rents

PRIME RENTS PSF GRADE A GRADE B
CANARY WHARF & QUAYS £52.50 £35.00

Flexible Office rents

FLEXIBLE OFFICE £ PDPM GRADE A
CANARY WHARF & QUAYS £500-£800

Canary Wharf Office Space to Rent Offices

25% Further Reduction

Add to shortlistRemove from shortlist
Serviced Office

Bank Street, London, E14

Price from £800 per workstation/month

These serviced offices are on the 30th floor and offer stunning views of the river...
24/7 Security Monitoring

24/7 Security Monitoring

24/7 Access Control

24/7 Access Control

Showers

Showers

25% Further Reduction

Add to shortlistRemove from shortlist
Serviced Office

Harbour Exchange Square, Canary Wharf, London, E14

Price from £350 per workstation/month

A premium serviced office space with the wow factor. Boasting floor to ceiling windows, the...
24/7 Security Monitoring

24/7 Security Monitoring

Large Conference Facility

Large Conference Facility

24/7 Access Control

24/7 Access Control