Canada Water

lse:blnd

#1

BL have submitted outline planning for the Canada Water master plan along with detailed planning for first phase of 1.8msqft of mixed use. Work could start next year pending planning.

Some are putting a value of £2b on the whole project - about 21% of BL’s current NAV.

Meanwhile the Rotherhithe footbridge and cycle crossing to the Isle of Dogs/Canary Wharf looks increasingly credible. Canada Water will be one stop from Canary Wharf on the Jubilee line connecting to the Elizabeth Line (Crossrail).