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Barclays Exclusive: Canary Wharf HQ Lease Extended

Barclays has extended its lease at Canary Wharf for another five years, providing a boost to the financial district.

Barclays bank has been in Canary Wharf in 2005. Photo: Getty Images
Barclays bank has been in Canary Wharf in 2005. Photo: Getty Images

The UK lender has secured its stay at One Churchill Place until 2039, while also agreeing to pay approximately £263 million to hand back its former office at 10 Cabot Square to Canary Wharf Group.

This move comes as other high-profile tenants have relocated elsewhere, causing the area to seek rejuvenation.

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