Canary Wharf Group strikes £84m affordable housing deal

Canary Wharf Group (CWG) has completed a £84m forward sale of 294 affordable homes - part of the Wood Wharf residential development - to CBRE’s UK Affordable Housing Fund (AHF). Canary Wharf is set to double the size of its residential community, currently around 3,500 people, over the next few years as CWG leads efforts to repurpose the financial district. This involves residential developments including the 1,308-home Wood Wharf scheme, as well as boosting the area’s leisure and life science offerings.

Property Week (01/03/2024)