| Building Name: | 5 Canada Square |
| Location: | Canary Wharf London, United Kingdom |
| Coordinates: | 51.5056°N -0.0186°W |
| Start Date: | 1999 |
| Completion Date: | 2003 |
| Status: | Complete |
| Building Type: | Commercial offices |
| Architectural Style: | Postmodern |
| Roof: | 87.7m (287.7feet) |
| Floor Count: | 16 |
| Floor Area: | 46450m2 |
| Architect: | Skidmore Owings & Merrill |
| References: | [1] |
5 Canada Square is a 15-storey, 87.7m (287.7feet) office building in the Canary Wharf financial district development of London, England.
5 Canada Square was completed in 2003. The steel-framed building has an aluminum curtain wall and it features a large atrium on its south side with 46450m2 of floorspace.[2]
The principal tenant at 5 Canada Square is the European arm and HQ of Bank of America Securities. The building is used for the bank’s global cash-management business for clients.[3] Credit Suisse also occupies part of the building.[4]
In 2003, Royal Bank of Scotland (or RBS) bought 5 Canada Square along with 25 Canada Square, another Canary Wharf building, for a total of £1.1 billion from Canary Wharf, a major property firm that developed the facility.[5] 5 Canada Square was originally leased by Credit Suisse First Boston but after a banking downturn and not needing the space, Credit Suisse let the space to Bank of America.
In July 2007, the building was sold by RBS to Evans Randall, a banking firm, for £452 million, making it the firm’s largest UK investment to date.[6] In 2011, Bank of America chose to renew its lease at 5 Canada Square instead of move to another London location. The building was subsequently sold to St Martins Property Group in January 2013.[7]
From late 2016, Thomson Reuters is due to sublease 350,000 sq ft from Credit Suisse until 2020, consolidating all of its London operations under one roof for the first time.[8]