Visa is relocating its European headquarters to London's Canary Wharf, a significant move for the financial district. The payments giant has signed a 15-year lease for 300,000 square feet of office space in the One Canada Square tower, with plans to occupy 11 floors starting in 2028. This decision provides a considerable boost to Canary Wharf, which has faced challenges in retaining tenants following the shift to remote and hybrid work models after the COVID-19 pandemic. The move by a major global company like Visa signals renewed confidence in London's office market and the appeal of Canary Wharf as a key business location. No immediate market reaction or stock price impact was noted in the reports.
Visa Relocates European Headquarters to London's Canary Wharf
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