M Restaurants is to open its fourth site, in Canary Wharf, after acquiring a unit in new development Newfoundland.

The restaurant is due to open in late 2020, and will become a flagship site for the brand, with space totalling almost 10,000 sq ft on the first floor.

It will comprise a restaurant, grill, wine store and tasting room, cocktail bar and garden, private members’ lounge and private dining room.

“Since we created M in 2014, we have opened three understated, hidden venues, which reflected the M brand during its infancy,” said M’s founder Martin Williams.

“Since winning many awards and most importantly the patronage of so many fantastic discerning Londoners, we felt the timing was right to seek a truly iconic flagship venue. Canary Wharf Group’s ‘Newfoundland’ building will undoubtedly become a London landmark, so we are delighted to have exchanged leases on such an epic site.”

Stuart Fyfe, heads of retail leasing, Canary Wharf Group, added: “Newfoundland will shortly be both a dramatic and iconic addition to London’s Skyline, providing 636 residential apartments for rent. The residents will be some of the first to actually live on the Canary Wharf estate.

“As such we required a high quality, successful restaurateur to work with us to deliver a relevant food offer within a contemporary modern environment which complements the buildings specular design.”

Newfoundland is a mixed class development over 60 floors.