Canary Wharf Group plans to transform a 45-floor tower into a multi-use building in response to hybrid work trends after HSBC's departure in 2027.
Office towers could undergo radical makeovers due to hybrid working, as commercial property values decline with fewer workers occupying offices. Canary Wharf Group (CWG) plans to turn a 45-floor tower into a multi-use building when HSBC leaves its Canary Wharf HQ in 2027, showcasing an adaptation for changing working patterns. This move demonstrates how property owners are adjusting buildings to accommodate the shift in work dynamics following the pandemic.
July 21, 2024
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