BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or "the Company"), a leading global brokerage and financial technology company, signed leases on approximately 130,000 sq ft at 5 Churchill Place, London, E14. This will see the leading brokerage firm relocate its UK based headquarters in 2019.
BGC Partners will bring together operations from its two current Canary Wharf locations at 1 Churchill Place and 40 Bank Street to the new site.
Designed by architects, HOK International, the landmark 12-storey office building has a BREEAM 'Excellent' rating and offers Grade A office accommodation, as well as a double height reception and flexible floorplates. Knight Frank represented BGC Partners.
Shaun D. Lynn, President of BGC Partners said: "I'm delighted to announce that 5 Churchill Place will be our new UK based headquarters for BGC and Fenics for the foreseeable future. We are embarking upon a high quality fit out project, which will deliver best in class facilities for our staff and clients for many years to come. The additional capacity also underlines our ambition to continue our programme of strategic corporate acquisitions to expand the BGC group offering."
Jack Tomlin, Partner, Central London Tenant Representation at Knight Frank, said: "Canary Wharf continues to offer corporate occupiers unrivalled value for money in the Central London office market. New transport infrastructure, coupled with high building specification and local amenities makes the all-round offering very compelling. The transaction also demonstrates the financial services sector's continued commitment to London in a period of political and economic uncertainty."
