Thomson Reuters has launched a 200,000 sq ft Canary Wharf office requirement.
The news and information giant will consolidate from City fringe buildings, occupied by the former Thomson Group, into a building closer to Reuters’ 283,000 sq ft Docklands HQ at 30 South Colonnade, E14.
Likely options include Canary Wharf Group’s 313,000 sq ft 5 Churchill Place, sold this week for £208m (p18), and Fimalac’s 328,000 sq ft 30 North Colonnade.
The Thomson arm of the firm occupies almost 200,000 sq ft in the City, including 56,000 sq ft at Aldgate House, EC3, 50,000 sq ft at 1 Mark Square, EC2, 46,000 sq ft at 71-80 Hatton Garden, EC1, and 42,000 sq ft at 58-64 City Road, EC1.
CB Richard Ellis’s managing director of City agency and Canary Wharf, Dan Roberts, said: “Canary Wharf is continuing to see healthy levels of interest from occupiers, from within the estate as well as from new occupiers. For the larger active requirements, there are now very few available options, and even competition for space on some properties.”
Reuters was bought by Thomson in May 2007.
Cushman & Wakefield is advising Thomson Reuters.
