Citigroup Centre (London)
| Company type | Headquarters |
|---|---|
| Industry | Financial services |
| Headquarters | London , United Kingdom |
Area served | EMEA |
| Products | Office space |
| Owner | Citigroup (33 Canada Square), Citigroup (25 Canada Square reacquired 2019) |
Number of employees | 9000 (UK staff) |
| Parent | Citigroup |
The Citigroup Centre situated in London functions as the EMEA headquarters for Citigroup, positioned within the Canary Wharf area of the London Docklands. This complex comprises two office towers—33 Canada Square and 25 Canada Square (also known as Citi Tower)—providing a combined total of across which the majority of Citigroup's 9,000 UK staff are accommodated. In 2023, the two buildings were formally separated in preparation for renovation activities on 25 Canada Square.
With a height of , 25 Canada Square ranks as the second-tallest structure in the UK since its completion in 2001. The building’s design was crafted by César_Pelli, with Adamson Associates serving as executive architect. Construction commenced in 1998 under Canary Wharf Contractors, and Citigroup has occupied the property since its opening. In 2004, ownership transferred to Royal Bank of Scotland along with 5 Canada Square for $1.12 billion. Subsequently, on 2 July 2007, a joint venture between Quinlan Private and PropInvest purchased it for £1 billion (approximately US$2 billion), yielding a rental return of 4.6% based on Citigroup's annual rent of £46.5 million. Citigroup reacquired the tower in 2019 at a price of £1.2 billion. The eastern facade up to the 40th floor is designated for tenant occupancy.
Completed in 1999 and designed by Norman Foster, 33 Canada Square is smaller, standing at with eighteen storeys. This building, owned by Citigroup, was constructed prior to the Jubilee line extension’s inauguration later that year.
Access to the Centre is available from both Canada Square and Upper Bank Street entrances, with underground connectivity through Canada Place shopping centre and Canary Wharf tube station on the Jubilee line. Additionally, nearby DLR stations—Canary Wharf and Heron Quays—offer links to the City of London and London City Airport.
In 2022, Citigroup revealed plans for a £100 million upgrade of 25 Canada Square, which would introduce facilities such as parent rooms, prayer areas, and environmentally focused spaces including a winter garden. By January 2025, refurbishment expenses had surged beyond £1 billion; renovation work started in July 2023 with an anticipated completion date set for 2026.