“Canary Wharf has a perception problem,” Shobi Khan said as he strode across a square in the east London district, around which were dotted food trucks doing decent business, and above which the gleaming glass and steel skyscrapers for which the area is known towered. The chief executive of Canary Wharf Group, the £8.3B company that owns a big chunk of the docklands estate, is working on changing that perception, beating the drum for a company and a district that has been written off in some quarters as an inevitable victim of changing working patterns and declining office demand.
The company has been building new rented residential schemes for the past few years, which over the past 12 months have begun to open, and is broadening its leisure offering, planning to add attractions like electric go-karts and boats, theatres, art galleries and more restaurants to draw in consumers as… Read the full story here. |