BoNY-M and Songbird in tune at Canary Wharf

Canary Wharf owner Songbird Estates said US banking behemoth Bank of New York Mellon (BoNY-M) has renewed its lease at One Canada Square on the wind-blown financial district in the East End of London.

BoNY-M, which is leasing 152,226 square feet of office space at One Canada Square, has renewed for a term of eight years, commencing at the start of 2014, at a rent of £42.50 per square foot. A rent-free period of 18 months will be granted from January 1st, 2014.

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