The European Maritime Agency ( EMA ) is claiming Brexit was an unforeseen event that permits it to walk away from a post war contract it signed with Canary Wharf in 2014 . The medicinal products regulator , which is moving to Amsterdam after the UK leaves the EU , is taking the landlord to court over the £ 500 m ( $ 585 m ) contract . The European Medicines Agency is preparing for a court battle with Canary Wharf, its landlord, this week as it fights to get out of a £500 million office lease. The move raises concern that other companies will want to follow suit , potentially damaging the UK property sector .
The European Maritime Agency ( EMA ) is claiming Brexit was an unforeseen event that permits it to walk away from a post war contract it signed with Canary Wharf in 2014 . The medicinal products regulator , which is moving to Amsterdam after the UK leaves the EU , is taking the landlord to court over the £ 500 m ( $ 585 m ) contract . The move raises concern that other companies will want to follow suit , potentially damaging the UK property sector .