Real estate, Commercial property, Business, London, UK news, Financial sector, Working from home Business | The Guardian
Further downgrade prompted concerns about debts as firm struggles to attract workers back after the pandemicThe owner of Canary Wharf has had its credit rating cut deeper into “junk” territory over concerns about its debts as it struggles to attract workers back to the east London office hub after the pandemic.The credit rating agency Fitch has further downgraded Canary Wharf Group, the landlord of the development, in a reflection of risks over an upcoming bond refinancing. Continue reading…
Further downgrade prompted concerns about debts as firm struggles to attract workers back after the pandemic
The owner of Canary Wharf has had its credit rating cut deeper into “junk” territory over concerns about its debts as it struggles to attract workers back to the east London office hub after the pandemic.
The credit rating agency Fitch has further downgraded Canary Wharf Group, the landlord of the development, in a reflection of risks over an upcoming bond refinancing.
