28/03/2014 by Buildington
The development remains on schedule to achieve practical completion for tenant fitout in April 2014, with the first tenant due to move in shortly afterwards.
A solar glare issue was identified in the third quarter of 2013. A solution has been identified and was submitted to the planning authority in February 2014. The joint venture expects that this will be installed during 2014 and completed within the overall budget for the development.
The building is currently 87.0% prelet or under offer. The joint venture has now set up the property management team, ready to take over the building on completion.
Source: Canary Wharf Group - Financial Statement of the Group for the year ended 31 December 2013, www.canarywharf.com