5 Canada Square

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5 Canada Square is a 15-floor office building in the Canary Wharf financial district development in London, England.

5 Canada Square in London

Overview

5 Canada Square was completed in 2003 and is 88 metres tall with a floorspace of 46,450 square metres. The steel- framed building has an aluminum curtain wall and it features a large atrium on its south side.^[1]

The principal tenant at 5 Canada Square is the European arm and HQ of Bank of America Securities. The building is used for the bank’s global cash-management business for clients.^[2] Credit Suisse also occupies part of the building.^[3]

History

In 2003, Royal Bank of Scotland (or RBS) bought 5 Canada Square along with 25 Canada Square, another Canary Wharf building, for a total of £1.1 billion from Canary Wharf, a major property firm that developed the facility.^[4][5] 5 Canada Square was originally leased by Credit Suisse First Boston but after a banking downturn and not needing the space, Credit Suisse let the space to Bank of America.^[3]

In July 2007, the building was sold by RBS to Evans Randall, a banking firm, for £452 million, making it the firm’s largest UK investment to date.^[6] In 2011, Bank of America chose to renew its lease at 5 Canada Square instead of move to another London location.^[2]

References

External links

• Official website

v d e Canary Wharf Buildings Current One Canada Square (235 m, 1991) 8 Canada Square (200 m, 2002) Citigroup Centre (200 m, 2001) One Churchill Place (156 m, 2004) 25 Bank Street (153 m, 2003) 40 Bank Street (153 m, 2003) 10 Upper Bank Street (151 m, 2003) 1 Cabot Square (89 m, 1991) 5 Canada Square (88 m, 2003) 25 Cabot Square (81 m, 1991) 25 North Colonnade (80 m, 1991) 10 Cabot Square (74 m, 1991) 20 Canada Square (71 m, 2003) 20 Bank Street (68 m, 2003) 20 Cabot Square (65 m, 1991) 50 Bank Street (63 m, 2002) 30 South Colonnade (62 m, 1991) 17 Columbus Courtyard (45 m, 1999) 20 Columbus Courtyard (45 m, 1999) 1 Westferry Circus (45 m, 1992) 11 Westferry Circus (45 m, 1997) 15 Westferry Circus (44.5 m, 2001) 7 Westferry Circus (43.6 m, 1992) Under construction Riverside South Approved Columbus Tower Heron Quays West North Quay The Pride Wood Wharf Transport links Current A13 road Canary Wharf DLR Station Canary Wharf Pier Canary Wharf – Rotherhithe Ferry Canary Wharf Underground Station Heron Quays DLR Station London City Airport South Quay DLR Station Under construction Canary Wharf Crossrail Station Other Canary Wharf Group Canary Wharf Squash Classic Olympia and York Michael von Clemm The Wharf Category Commons

Coordinates: 51°30′20″N 0°01′07″W / 51.50556°N 0.01861°W / 51.50556; -0.01861

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