News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Fears of Canary Wharf Brexodus overblown, say estate agents

Property agencies say more companies are signing tenancy agreements in the capital’s finance hub

Fears of Canary Wharf Brexodus overblown, say estate agents
Photo: David Cliff/ Getty Images

Estate agents have dismissed fears that thousands of financial services jobs are leaving London due to Brexit, with one property manager reporting a 35% jump in people signing tenancy agreements in Canary Wharf, home to some of the world’s largest banks.

Financial News contacted 10 residential estate agents based in Canary Wharf, the financial district where 120,000 people work, who said there has been a spike in lettings activity. This is despite reports that finance employees are moving out of London as a result of Brexit.

WSJ Logo