JOHNS&CO Canary Wharf is moving into a brand new, bigger headquarters on Marsh Wall E14 this spring. John Morley, founder and managing director of JOHNS&CO, spotted the area’s potential many years ago whilst working as head of International Sales at Ballymore and, convinced of the area’s future success, it became JOHNS&CO’s first base two years ago.
These new and improved E14 headquarters at 70 Marsh Wall, E14 9SL, will be the company’s fifth office in the capital with another three openings planned for the coming year.
Present throughout east London with involvement in high profile developments such as Royal Wharf, London City Island, The Wardian and New Providence Wharf, the Marsh Wall office will strategically situate JOHNS&CO in its operational heartland and provide a central base from which to expand further. Being in the centre of London’s highest salary postcode, it will also be surrounded by potential buyers, landlords and tenants looking for luxury property within easy reach of the office.
At just 31, John has positioned the company as a front runner in the luxury lettings, sales and property management markets, thanks to an unrivalled knowledge of the market in key London regeneration areas. Over the last 12 months in particular, the company has seen an increase in revenue of more than 200 per cent and the number of employees has almost doubled. Two new appointments have been particularly significant. Clynton Nel joins from Hamptons International as residential director, helping to build the business and continue its already rapid growth trajectory while Chris Boswell, also from Hamptons International, will head up lettings in East London – one of the company’s key growth areas – to help implement a strategy for future sustained expansion. “We are delighted to be moving into our prominent new office which will situate us in the heart of one of London’s fastest growing areas. Not only will this provide us with a base from which to continue our expansion but it will position us at the forefront of London’s growth,” adds Morley.
The last ten years have witnessed a golden age for regenerating underused areas of the city, giving way to new neighbourhoods and laying the infrastructure for the creation of residential and commercial hubs. Canary Wharf is progressing rapidly, with its 110,000 strong workforce expected to double over the next two decades and property prices predicted to increase by up to 50 per cent in the next five years. Furthermore, rental yields have grown as much as six per cent in east London compared to around three per cent in areas of central London. The arrival of Crossrail in 2018 is expected to further bolster the area and magnify its already expansive transport connections, the property investment and buy-to-let opportunities are thriving. And JOHNS&CO has positioned itself right in the action.