BlackRock Weighs HSBC's Canary Wharf Tower for New London Headquarters, Ft Reports
Published by Global Banking & Finance Review®
Posted on March 31, 2026
2 min readLast updated: March 31, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on March 31, 2026
2 min readLast updated: March 31, 2026
Add as preferred source on GoogleBlackRock is reportedly considering moving its London headquarters into HSBC’s Canary Wharf tower, set to be vacated in 2027, as part of a search for at least 600,000 sq ft of office space. Other locations under review include Bishops Square and 75 London Wall.
March 31 (Reuters) - BlackRock is considering a Canary Wharf skyscraper that HSBC will vacate next year for its London headquarters, the Financial Times reported on Tuesday, citing people familiar with the matter.
The asset manager has also examined several other potential sites in recent months including the Bishops Square development next to Spitalfields Market in east London and Deutsche Bank's former offices at 75 London Wall, the report said.
BlackRock declined to comment. Reuters could not immediately verify the report.
Blackrock is looking at offices across the city that can offer at least 600,000 square feet of space, FT said.
HSBC is set to vacate the 45-storey tower in 2027.
Canary Wharf has struggled to retain tenants after the COVID-19 pandemic, but the financial district is now enjoying a rebound as more firms, including JPMorgan, push staff to return to the office.
(Reporting by Anusha Shah in Bengaluru; Editing by Nivedita Bhattacharjee)
Yes, BlackRock is reportedly considering the HSBC Canary Wharf skyscraper as its new London headquarters according to the Financial Times.
BlackRock has also looked at Bishops Square near Spitalfields Market and Deutsche Bank's former offices at 75 London Wall.
BlackRock is seeking office space with at least 600,000 square feet in its next London headquarters.
HSBC is expected to vacate the 45-storey Canary Wharf tower in 2027.
Canary Wharf initially struggled to retain tenants post-pandemic, but is now experiencing a rebound as firms encourage staff to return to the office.
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