The European Medicines Agency (EMA) will lease its entire London headquarters to coworking giant WeWork. WeWork will take up the entire 284,000 square foot space located at 30 Churchill Place in Canary Wharf.
EMA moved its offices to Amsterdam and WeWork will become a sub-tenant as EMA was not allowed to cancel its £500m lease, which expires in June, 2039.
The upcoming WeWork location is slated to open in December of this year after the fit out and renovation process.
Mary Finnigan, head of transactions at WeWork EMEA, said:
“We’re pleased to announce this new lease agreement for WeWork in London. Canary Wharf is one of the most attractive business districts in the city, with many international companies based there. It’s a desirable location for our member businesses who are rapidly scaling as well as the large enterprise companies who now represent 40% of our global membership.”