KPMG today announces that, following an extensive search in the City and Canary Wharf market, it has selected 30 North Colonnade in Canary Wharf for the replacement of the firm's Salisbury Square office which has a lease expiry in 2015.
KPMG today announces that, following an extensive search in the City and Canary Wharf market, it has selected 30 North Colonnade in Canary Wharf for the replacement of the firm’s Salisbury Square office which has a lease expiry in 2015. The firm will occupy 200,000 sq ft. across the top eight floors of the building, which is owned in a joint venture by Fimalac and Hearst Corporation.
30 North Colonnade was selected by KPMG owing to the quality of the building, and the collaboration advantages of adjoining the existing 15 Canada Square HQ.
Jim Marsh, COO at KPMG, commented: “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.”
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 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.
- ENDS -
Media enquiries to:
KPMG Corporate Communications
T: 020 7694 2687
KPMG Press Office: +44 (0) 207 694 8773
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.