When Young Group acquired all 276 private apartments in a yet to be named 31 storey tower within 500 metres of the iconic skyscraper at One Canada Square, Canary Wharf, it was the firm's largest and most ambitious purchase. Despite the scale of the project, it was an opportunity too good to miss.

Canary Wharf is a location that Young Group had previously targeted, having invested in several other developments in the area.

The fundamentals driving the growth of Canary Wharf make it an attractive area for investment. This prestigious 100 acre district in East London carries out more financial transactions than Frankfurt, home of the European Central Bank. Coupling this financial centre with the 'square mile', it is no surprise that London has wrestled the global financial top spot from New York and its success continues.

There is no respite in the demand for commercial space within Canary Wharf. During the next 10-15 years the planning framework will see upwards of 11 million square feet of commercial space developed in the area. This will accommodate a workforce swelling at a rate of 10% per annum and set to reach 200,000 by 2020.

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