5 Canada Square
| 5 Canada Square | |
|---|---|
 | |
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| General information | |
| Status | Completed |
| Type | Commercial offices |
| Architectural style | Postmodern |
| Location | Canary Wharf London, E14 United Kingdom |
| Coordinates | Lua error in Module:Coordinates at line 489: attempt to index field 'wikibase' (a nil value). |
| Construction started | 1999 |
| Completed | 2003 |
| Height | |
| Roof | 87.70 m (287.7 ft) |
| Technical details | |
| Floor count | 16 |
| Floor area | 46,450 m2 (500,000 sq ft) |
| Design and construction | |
| Architect | Skidmore, Owings & Merrill |
| References | |
| [1][2][3] | |
5 Canada Square is a 15-storey, 87.7 m (288 ft) office building in the Canary Wharf financial estate of London, England.
Overview
[edit | edit source]5 Canada Square was completed in 2003. The steel-framed building has an aluminum curtain wall and it features a large atrium on its south side with 46,450 m2 (500,000 sq ft) of floorspace.[4]
The principal tenant at 5 Canada Square is the European arm and HQ of Bank of America Securities. The building is used for the bank’s global cash-management business for clients.[5] Credit Suisse also occupies part of the building.[6]
History
[edit | edit source]In 2003, Royal Bank of Scotland (or RBS) bought 5 Canada Square along with 25 Canada Square, another Canary Wharf building, for a total of £1.1 billion from Canary Wharf, a major property firm that developed the facility.[7] 5 Canada Square was originally leased by Credit Suisse First Boston but after a banking downturn and not needing the space, Credit Suisse let the space to Bank of America.[6]
In July 2007, the building was sold by RBS to Evans Randall, a banking firm, for £452 million, making it the firm’s largest UK investment to date.[8] In 2011, Bank of America chose to renew its lease at 5 Canada Square instead of move to another London location.[5] The building was subsequently sold to St Martins Property Group in January 2013.[9]
From late 2016, Thomson Reuters is due to sublease 350,000 sq ft from Credit Suisse until 2020, consolidating all of its London operations under one roof for the first time.[10]
References
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External links
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