KPMG has secured a major new office at 30 North Colonnade, E14, ending an extensive search in the City and Canary Wharf.
The accountancy giant is taking 200,000 sq ft across the top eight floors of the building, which is owned in a joint venture by Fimalac and Hearst Corporation.
The building, which will replace the firm’s Salisbury Square office in the City which has a lease expiry in 2015, is directly linked to KPMG’s existing 15 Canada Square HQ.
It means 1,000 staff will relocated from Salisbury Square to 30 North Colonnade in 2015.
KPMG Chief operating officer Jim Marsh 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.”
KPMG said it will invest in a continued City presence by taking a lease on a leading edge conference and meeting facility for clients, though plans for this are still being developed.
Jones Lang LaSalle is the letting agent at 30 North Colonnade.
DTZ advised KPMG.
