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Songbird Estates boosted by Canary Wharf shopping centers



The listed property magnate responsible for London’s Canary Wharf Group, Songbird Estates, has revealed that its shopping centers have reached a record £1bn during the first half of this year.
The company is going ahead with a new mall to be placed above the planned Crossrail station.
It is building an 115000ft² of retail space above the new Canary Wharf Crossrail station.  It is due to launch during May but has already secured 90% of lettings.  The location will open three years later.
Songbird’s portfolio increased in value to £6.3bn through the first half to June 30, helped by the recent extensions to Jubilee Place shopping center.  
Canary Wharf
The company’s net asset value per share raised by 10%, to £3.19, compared to £2.90 at the end of December 2013.
Canary Wharf is attempting to get rid of its office district image by the introduction of more leisure and retail offerings to attract weekend crowds.  It is also entering the residential market with a planned 3100 homes to be built on the east side of the estate, Wood Wharf.

This period has marked the company’s entry into development and building. The group has seen continued international investment demand after it sold 10 Upper Bank Street to China Life for £795m during June.



TODAY, USA:
The store is located in the Pearl District in Portland, Oregon.
YESTERDAY, Italy:
The official opening will take place on December 16.
DAY BEFORE YESTERDAY, Singapore:
Gucci Beauty has made the new flagship as technologically advanced as possible.
Dec 6, 2022:
Fawaz Alhokair Group has announced plans to launch its own e-marketplace in the first half of 2023.
Dec 5, 2022, Spain:
The retail space is located on Don Juan de Austria street in downtown.
Dec 5, 2022, USA:
The renovation will create an incredibly special harbor experience.
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