Rahul Sharma (Editor)

5 Canada Square

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Status
  
Complete

Architectural style
  
Postmodern

Roof
  
87.70 m (287.7 ft)

Opened
  
2003

Construction started
  
1999

Type
  
Commercial offices

Completed
  
2003

Height
  
88 m

Floors
  
16

Architect
  
Marshall Strabala

5 Canada Square 5canadasquarecomimagesexteriorjpg

Location
  
Canary Wharf London, E14 United Kingdom

Architecture firm
  
Skid, Owings & Merrill

Similar
  
20 Canada Square, 1 Cabot Square, 8 Canada Square, 10 Upper Bank Street, 20 Bank Street

25 canada square canary wharf london e14 5lq serviced office space meeting rooms


5 Canada Square is a 15-storey, 87.7 m (288 ft) office building in the Canary Wharf financial district development of London, England.

Contents

Map of 5 Canada Square, Canary Wharf, London E14, UK

Overview

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.

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. Credit Suisse also occupies part of the building.

History

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. 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.

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. In 2011, Bank of America chose to renew its lease at 5 Canada Square instead of move to another London location. The building was subsequently sold to St Martins Property Group in January 2013.

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.

References

5 Canada Square Wikipedia