Mazars, one of the
UK’s biggest accountancy firms, has instructed DTZ to look for between 60,000 sq
ft and 70,000 sq ft in the Square Mile and Canary Wharf. The firm is based in
52,113 sq ft in St Katherine’s Way, E1 where it has an exit in 2016.
DTZ has also
been appointed by California-based computer technology giant Oracle to
explore options for a potential 60,000 sq ft requirement. In London, the US
conglomerate is based in The Helicon, 1 South Place, EC2, where it
occupies 21,071 sq ft.
Cushman & Wakefield has won a pitch to act for the Association of
British Insurers (ABI) on its search for between 20,000 sq ft and 25,000 sq
ft in the City. ABI operates out of 49-55 Gresham Street, EC2, where it
occupies 20,972 sq ft on a lease which expires in March 2016.
Natixis Global Asset
Management, a French asset management company with €294bn in assets under
management, has instructed Newton Perkins to look for between 15,000 sq ft and
20,000 sq ft in the City. The company is headquartered in Cannon Bridge House
on Dowgate Hill where it occupies nearly 100,000 sq ft.
Robert Half, the world’s
first and largest specialised recruitment consultancy for jobs in accounting,
finance, banking, financial services, and technology, has launched a search for
beteen 20,000 sq ft and 25,000 sq ft via JLL. It is expected that the firm will
consolidate from its various offices across the capital, including its largest
premises at 3 Shortlands in Hammersmith, W6, where it occupies 10,340 sq ft,
125 Old Broad Street in the City, EC2, where it is based in 4,467 sq ft, as
well as another 5,000 sq ft at 1-3 Strand, WC2.
Vitality, the health and
life insurance firm that was formerly PruHealth, has instructed Gerald
Eve to look for around 20,000 sq ft in the City. Vitality is located at 20
Gracechurch Street, occupying 12,115 sq ft on the sixth floor in the building
on a 10-year lease expiring in January 2022.
One of the
world’s largest shipping companies, NYK Line, has begun a search for a
new London base, instructing DTZ to look for 25,000 sq ft to 30,000 sq ft. The
firm, full name Nippon Yusen Kabushiki Kaisha, is a core Mitsubishi company
which is headquartered in Tokyo, Japan. In London it is based in 36,483 sq ft
on levels 16 to 18 of Citypoint tower on Ropemaker Street in the City, EC2, on
a lease which began in February 2010.
Demandware, a software technology company, is also mulling a move away
from Citypoint, having initiated a search for around 15,000 sq ft in the City.
law firm Greenberg Traurig Maher has appointed Knight Frank to move its
40 London lawyers from 200 Gray’s Inn Road, where it has an exit in 18 months,
to a new HQ in Midtown or the City of up to 25,000 sq ft.
of Singapore (DBS Bank), the largest bank in Singapore and southeast Asia,
is looking for a new City HQ of between 15,000 sq ft and 20,000 sq ft in a
potential move away from its current base at Paternoster House, 65 St Pauls
Churchyard, EC4, where it pays £45 per sq ft on just over 12,000 sq ft.