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BlackRock weighs HSBC's Canary Wharf tower for new London headquarters, FT reports
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BlackRock weighs HSBC's Canary Wharf tower for new London headquarters, FT reports
Mar 30, 2026 9:56 PM

March 31 (Reuters) - BlackRock ( BLK ) is considering a

Canary Wharf skyscraper that HSBC ( HSBC ) will vacate next year for its

London headquarters, the Financial Times reported on Tuesday,

citing people familiar with the matter.

The asset manager has also examined several other potential

sites in recent months including the Bishops Square development

next to Spitalfields Market in east London and Deutsche Bank's

former offices at 75 London Wall, the report said.

BlackRock ( BLK ) did not immediately respond to request for comment

outside regular business hours. Reuters could not immediately

verify the report.

Blackrock ( BLK ) is looking at offices across the city that can

offer at least 600,000 square feet of space, FT said.

HSBC ( HSBC ) is set to vacate the 45-storey tower in 2027.

Canary Wharf has struggled to retain tenants after the

COVID-19 pandemic, but the financial district is now enjoying a

rebound as more firms, including JPMorgan, push staff to return

to the office.

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