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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Citi to spend £100 million turning its Canary Wharf HQ green and flexible

A mock-up of how Citi Tower will look after its refurbishment

(Picture: Citi)

US investment bank Citi has announced a blockbuster, multi-year plan to overhaul its £1 billion Canary Wharf headquarters as it adapts to new ways of working and goes green.

Citi, which employs 9,000 people in London, today announced a major refurbishment of its 42-story office tower at 25 Canada Square, which it bought for a reported £1 billion in 2019. The block is to be totally overhauled in a project set for completion by 2025. It will cost upwards of £100 million and will be one of the biggest office refurbishments in Europe.

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