EBRD shortlists Canary Wharf for potential HQ
The European Bank for Reconstruction and Development has shortlisted One Bank Street in Canary Wharf, E14, as it nears a decision on the future location of its London headquarters.
The financial institution’s board is expected to make a decision on its London base in “late September or early October”, a spokesperson for the EBRD said.
“We are examining our options, which include either staying in our existing building or moving into another building within London,” the spokesperson added.
The European Bank for Reconstruction and Development has shortlisted One Bank Street in Canary Wharf, E14, as it nears a decision on the future location of its London headquarters.
The financial institution’s board is expected to make a decision on its London base in “late September or early October”, a spokesperson for the EBRD said.
“We are examining our options, which include either staying in our existing building or moving into another building within London,” the spokesperson added.
[caption id="attachment_879065" align="aligncenter" width="775"] One and Five Bank Street, E14[/caption]
EBRD is currently based at One Exchange Square, EC2, and is looking for space of a similar size.
Last spring Canary Wharf Group secured a £450m loan, of which 25% was provided by QIA, to develop One and Five Bank Street, designed by Kohn Pedersen Fox.
The 27-storey, 715,000 sq ft project is already 40% prelet to Société Générale, and is due to complete in early 2019.
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