PwC Commits to 350K SF at Canary Wharf Complex

Accounting giant PwC has agreed to lease approximately 350,000 square feet at One Eden, a redevelopment of an office property currently known as 33 Canada Square at CWG’s Canary Wharf mixed-use complex in London. Currently occupied by Citigroup’s EMEA headquarters, the space will be redeveloped in advance of PwC’s arrival.

The new space will address PwC’s immediate requirements for space as it begins a refurbishment of its Embankment Place offices in 2030. The firm is also planning for the expiration of its More London lease in 2035.

PwC said the One Eden lease follows an “extensive review” of potential sites in London. “At the heart of Canary Wharf, One Eden will provide a fantastic environment for our people and clients, broadening our London presence and accessibility,” said Marco Amitrano, senior partner of PwC UK. “It also gives us the quality facilities, flexibility and sustainability we’re looking for in a workplace.”

At CWG, co-owned by Brookfield and the Qatar Investment Authority, CEO Shobi Khan said, “PwC’s decision to locate at One Eden is another powerful endorsement of our vision and reflects growing demand for high-quality, sustainable office space that supports collaboration, innovation and growth.”

The leasing announcement follows a 999-year commitment by Barclays to its Canary Wharf tower, the leasehold of which it acquired for £750 million (approximately US$1 billion). JP Morgan plans to build a new tower at the complex for its largest office location outside the U.S.