Morgan Stanley has agreed a deal to extend its lease with Canary Wharf Group (CWG) on its 547,000 sq ft EMEA headquarters at 20 Bank Street.
The lease will now run from its original end date of 2028 until 2038 and includes an investment to enhance the HQ building’s sustainability performance.
Chris Beatty, EMEA COO for Morgan Stanley, said: “Canary Wharf has been the location for our EMEA headquarters for over 30 years and we’re pleased to be extending that tenure. The Wharf is a great place to work and we’re looking forward to witnessing the next stages of Canary Wharf’s evolution first hand.”
Shobi Khan, CEO of CWG, added: “We are delighted Morgan Stanley is reconfirming its commitment to Canary Wharf to be a part of an extraordinary environment for the world’s leading and most innovative companies. Occupiers increasingly value Canary Wharf’s vibrant mixed-use neighbourhood for its excellent transport links, diverse leisure and amenities including access to 5km of water boardwalks and 16.5 acres of parks. In addition, with over 300 shops and 70 cafes, bars, and restaurants, there is a plethora of diverse retail and dining options.
“Morgan Stanley will continue to benefit from CWG’s partnership with the Eden Project, greening the estate and transforming the Middle Dock, opening up the water and providing greenery for everyone to enjoy.”
