Increased interest in office space at Canary Wharf
Canary Wharf has seen dramatic increases in interest from companies over empty office space on the estate, according to figures released by its parent company.
Songbird Estates said it had made proposals to 24 firms between April and July this year.
In its financial report for the first six months of 2013, it said: "At Canary Wharf, after a relatively quiet start to the year, the level of enquiries and tenant presentations has increased significantly.
"During this period the number of viewings has doubled in comparison to the second half of 2012."
Seven of the companies were looking at space of over 100,000sq ft of space, it added.
Meanwhile, over 90 per cent of the retail space created by the Jubilee Place mall expansion has been taken up. The completed shopping centre is due to open in November.
Songbird said 22 of the 27 units had exchanged, while three were in the hands of the solicitors. The other two were at heads of terms.
Fifty per cent of the first phase of the retail at the Crossrail station, due to open in 2015, has also been taken up.
In office space, half of the under-construction 25 Churchill Place - due to be completed next year - is being marketed. The rest of will be let to the European Medicines Agency.
The group also added it was doubling its technology accelerator space, Level 39, with floor 42 of One Canada Square being added.
As for upcoming developments on the estate, Heron Quays West recently received approval for use as an office block, while the plans for One Park Place are still under consideration by Canary Wharf Group.
Meanwhile, a proposal for a 550 apartment development at Newfoundland has been submitted to Tower Hamlets Council.
Addressing the recent announcement the planning minister was going to call in the approved redevelopment of Shell, to be carried out by Canary Wharf Group, it said: "This is a disappointing decision which may delay the project and with it the regeneration of the local area and the creation of thousands of jobs."