CANARY WHARF PRESS RELEASE
no: PR 30
2 October 2008

Canary Wharf Group Named London Property Company of the Year


Canary Wharf Group plc (CWG) was named Property Company of the Year – London at the Estates Gazette Awards on 30 September.

Richard Archer, Head of Leasing at CWG collected the Award on behalf of the company at the awards ceremony at the Dorchester Hotel on 30 September.

The annual Awards, which celebrate excellence and achievement in property, see a nominated shortlist voted on by readers of Estates Gazette magazine, the largest democratic vote in the property industry.

George Iacobescu, Chief Executive of CWG, was pleased to see his company win the accolade, saying:

“Canary Wharf Group continues to make progress in what are challenging times. Our office space is virtually fully let. We are proud of the fact that we continue to attract world-class tenants and that our retail offering has proved so successful and continues to grow.

“Over the past 20 years we have developed more office space in London than any other property group and have helped to kick-start regeneration in East London. We have much to look forward to over the coming years as Canary Wharf and London continues to develop.“

George Iacobescu also received the Estates Gazette Outstanding Contribution to Property award, chosen by the EG Editorial team and senior members of the property industry.

Peter Bill, Editor of Estates Gazette, said at the ceremony:

“He was an easy choice for me. Anyone looking back in 150 years will still be able to see the outstanding contribution of this modest man. For 20 years he has been involved in the UK’s largest and most successful development and for more than 10 years he has been Chief Executive of the group that has changed the face of London.”

About Canary Wharf Group plc

The prime business function of CWG is the building and leasing of Grade A office and retail space at its 97 acre estate in East London (“the Estate”). Over the last twenty years it has constructed more office space in London than any other property group totalling over 14 million sq. ft of commercial space. The development now comprises 33 office buildings and over 200 shops, bars and restaurants within four retail malls. It also has conference and event centres, two Docklands Light Railways stations, a Jubilee Line station, car parks and approximately 20 acres of landscaped open spaces.

CWG owns completed properties amounting to approximately 7.9 million sq ft. CWG also owns and controls the retail space (approximately 740,000 sq ft), Wintergardens (40,000 sq ft) and public parking, (approx. 1.5m sq ft) as well as the roads (totalling 6.8 km) and parks and open spaces on the Estate (totalling 382,900 sq ft) in addition to land held for future development. It is through this ownership and the management of the entire 97 acre Estate that CWG controls the integrity of the Estate which enhances the value of the whole.


For further information:
Hamish McDougall
Canary Wharf Group plc
Tel: +44 (0) 20 7418 2326 or +44 (0)7779 888 075
Email: Hamish.mcdougall@canarywharf.com