Canary Wharf has picked advisers to market for lease 10 Cabot Square where it is pressing on with its latest major office redevelopment.
RX London has been enlisted to join CBRE at the building, until recently Barclays Bank offices at the Docklands estate and where there is 575,000 square foot vacant.
Canary Wharf lodged a planning application for the redevelopment of the building earlier this year proposing to increase it to around 630,000 square feet of lettable space.
The Howells-designed redevelopment is a retrofit replacing the facade, extension at roof level and adding external terraces with a distinctive terracotta external appearance. Subject to planning, the development will be delivered on a prelet basis.
Barclays announced in 2024 that it would be committing to the Docklands estate by committing to its 1 million square foot headquarters at One Churchill Place. In June of 2026 it emerged that it has bought the building from Canary Wharf Group, which is jointly owned by Brookfield and Qatar Investment Authority, for £750 million.
In 2024 Barclays also announced it was paying at least £263 million in a separate deal to hand its tenancy of 10 Cabot Square back to Canary Wharf Group.
Canary Wharf Group Investment Holdings announced that a subsidiary would amend its lease arrangements with Barclays Bank at 10 Cabot Square and take a sub-lease over the premises.
In terms of Canary Wharf's commitment to the project, the developer had its best office leasing year in more than a decade in 2025 and that momentum has continue into this year with 591,000 square feet of office leasing deals completed or under offer, led by PwC taking 350,000 square foot at its One Eden development.
Canary Wharf said in a statement that it continues to see "strong demand for high-quality, sustainable workspace driven by business expansion and a desire by businesses to bring their people together to collaborate."