The business services firm has signed a lease with Fimalac and Hearst Corporation to take the top eight floors of 30 North Colonnade in Canary Wharf, following a lease expiry at its current office space.
30 North Colonnade was selected by KPMG owing to the collaboration advantages of adjoining the existing 15 Canada Square HQ.
Jim Marsh, chief operating officer at KPMG, said: “The decision to relocate our City office to 30 North Colonnade offers KPMG a unique opportunity to accommodate all of our London partners and staff in one central location, enabling enhanced collaboration opportunities which will ensure KPMG continues to provide the best service for our clients. This is in addition to providing a top quality working environment for our staff in a location which has proved successful for KPMG following the relocation from various offices within the City in 2010.”
Some 1,100 staff will be relocating from Salisbury Square to 30 North Colonnade in 2015, to work alongside the 5,000 staff who are already based next door at 15 Canada Square.
KPMG said it will invest in a continued City presence by taking a lease on a conference and meeting facility for clients, though plans for this are still being developed.
Source: Kat Spybey, Property Week