Key facts
- PwC will relocate its UK office to One Eden in Canary Wharf.
- The new office space will span 350,000 sq ft.
- The move is planned for 2030, coinciding with the completion of refurbishments.
- The building is currently occupied by Citigroup as its EMEA headquarters.
- PwC's current London offices have leases expiring in 2035 and are undergoing refurbishment until 2030.
PwC has announced its decision to relocate its new UK office to One Eden in Canary Wharf, a move that will see the Big Four firm occupy 350,000 sq ft of space. The relocation is anticipated to be completed by 2030, aligning with the expected refurbishment of its current Embankment Place headquarters. The chosen building, formerly known as 33 Canada Square, currently serves as Citigroup's European, Middle East, and Africa headquarters.
This decision follows an extensive review of potential sites across London. PwC's current City office lease at More London on the South Bank of the Thames is set to expire in 2035. Senior partner Marco Amitrano stated that the firm is "excited by the prospect of expanding our London property footprint" and that the new office will "provide a fantastic environment for our people and clients, broadening our London presence and accessibility."
Canary Wharf is positioning itself as a significant financial and professional hub. JP Morgan is planning to construct a new multi-billion pound tower in the area, and Barclays recently committed to a £750 million deal for a 999-year lease on its existing tower, signaling strong confidence in the financial district.