Daily Telegraph: Royal Dutch Shell has agreed a deal to move from its landmark UK headquarters on London’s South Bank to Canary Wharf.
By Graham Ruddick
Published: 9:48PM BST 09 Jun 2010
The arrangement makes Shell the latest in a collection of the world’s largest companies to relocate offices to the Docklands estate.
Shell plans to redevelop the Shell Centre on the South Bank and has a signed a 15-year deal to move to Canary Wharf into offices previously occupied by Barclays. The oil major will take 10 floors, with the option for a further two, covering 187,000 sq ft.
James Smith, chairman of Shell UK, stressed that the Shell Centre was “our home in London” but added: “The site is an exceptional location in one of the world’s great cities. We want to redevelop it to its full, modern potential in keeping with the continuing development of London’s South Bank.”