Newspaper article The Evening Standard (London, England)

Canary Plans to Buy Key Wharf Site from Tarmac

Newspaper article The Evening Standard (London, England)

Canary Plans to Buy Key Wharf Site from Tarmac

Article excerpt

Byline: MALCOLM WITHERS

PROPERTY developer Canary Wharf aims to complete its o wnership of the 86-acr e D o c klands site fr o m w hic h it takes its name by buying a stra te gic b loc k fr o m T ar m a c , writes Malcolm Withers.

Although negotia tions are lik el y to be lengthy, the move is r egar ded as a sign that Canary is confident of con-tin uing to attract b lue-c hip inter n a tional companies.

Tarmac's of fice complex is at the wester n end of H e ro n Q u ay, and Canary believes it can develop a fur ther million square feet of of fices on the site . It recently bought 6.7 acres on the north side of Canary Wharf with full control of land and outline planning permission.

Tarmac acquired its site bef or e it was taken over by South African mining giant Anglo-American. …

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