Canary Wharf Group plc (CWG) is an integrated property development, investment and management group of companies.
It has achieved one of the greatest feats of civic transformation – developing previously derelict docklands into over 16 million square feet of office, retail and leisure space across its iconic business and shopping district in inner London.
In the last two decades it has developed more top-quality office space in London than any other company, helping to position the capital as one of the best places in the world to locate a business.
Canary Wharf’s 35 completed buildings, including three shopping malls, are occupied by some of the world’s best companies employing 100,000 people in a diverse range of industries.
CWG has successfully delivered several projects away from Canary Wharf, including in the City of London. All design, construction and project management is undertaken by Canary Wharf Contractors Limited, the UK's foremost exponent of tall building design and construction.
CWG and its joint venture partners have planning permission to approximately double Canary Wharf’s working population over the next 20 years. These sites offer bespoke office buildings designed and constructed to the highest standards of architecture, infrastructure and resilience.
Through its subsidiary, Canary Wharf Management Limited, the Group manages all of the external areas on the 97 acre Canary Wharf Estate, 20% of which is landscaped parks, plazas and walkways with over 1,000 trees and 70,000 seasonal plantings. It also manages over 4 million square feet of Grade A office space and approximately 690,000 sq ft of retail space.
CWG has developed more than 240 shops, bars, cafes and restaurants at Canary Wharf, including many of the world’s leading brands. It runs over 100 performing arts and events annually, most of which are free. More than 60 art works by 45 artists and designers are on public display throughout the Estate.
As at 30 June 2012 the market value of CWG’s investment property portfolio, including land, was £5.2bn. Its retained investment portfolio was 95.6% let and the average unexpired lease length was 16 years.
CWG is 69.3% owned by Songbird Estates plc – see Investor Relations and www.songbirdestates.com for more information.