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Stock impact report

London's Canary Wharf eyes overhaul of HSBC's skyscraper, sources say [Reuters]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Reuters
LONDON, May 10 (Reuters) - London's Canary Wharf financial district is considering a radical redesign of one of its largest office towers that could include apartments or hotel space once tenant HSBC leaves, sources told Reuters, in a sign of the wider rethink that awaits the global office market. Landlord Canary Wharf Group (CWG) invited around 20 architectural practices to submit proposals for the 45-floor building and began shortlisting designs in recent weeks, three sources familiar with the matter said. The remit is to come up with alternative uses and the building's owner, the Qatar Investment Authority (QIA) - which co-owns CWG - was involved in running the contest, one of the design firms invited said, declining to be named. CWG declined to comment. QIA did not respond to a request for comment. HSBC decided last year to sporting its name in late 2026, moving to a building half its size in the more central City of London. The fate of one of Britain's biggest office b Show less Read more
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