LONDON'S CANARY WHARF OFFICE VACANCIES HIT NEW RECORD

Office vacancies in London's Canary Wharf district have reached a record high and could hit as much as 30% in the coming years if the area cannot find tenants to fill 2 million square feet of space becoming vacant.

The east London financial district is struggling to recover from a pandemic-induced drop in demand, even as other central areas of the city and prime locations globally from New York to Paris show signs of recovery.

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