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Analysis

Resurgent occupier demand for Canary Wharf offices forces availability rate to seven-year low

Large financial firms soak up space amid dwindling central London supply
CoStar Analytics
November 3, 2025 | 8:05 AM

Leasing activity has surged in 2025 in the Docklands Core market, which includes Canary Wharf, as occupiers look east to satisfy their occupational requirements. So far this year, over 500,000 square feet of new leases have been signed, making it the strongest year since 2019, with two months to spare.

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News | Resurgent occupier demand for Canary Wharf offices forces availability rate to seven-year low