HowardKennedyFsi (HKFsi) has become the latest firm to move out of London’s West End, moving three of its offices to a 54,552 sq ft location in London Bridge.
The firm has agreed to a 15-year lease at No.1 London Bridge, where the staff from its three former offices will take up a 54,552 sq ft space across five floors.
When asked why the firm was leaving the West End, COO Ian Harvey said there were no buildings of the size, quality and value HKFsi wanted available in the area.
HKFsi joint managing partner Craig Emden added in a statement that the firm was attracted to the new office’s “stunning riverside views” and access to transport.
Staff will move in October this year, with Harvey adding that staff had been “kept in the picture” throughout the whole process.
The decision comes months after the firm was in talks with now defunct West End firm Davenport Lyons (14 February 2014) and weeks after it acquired 11-partner North London firm CKFT.
HKFsi’s move comes soon after it turned to property search specialist Strutt & Parker for the hire of its first chief operating officer (COO) (29 January 2014). The lease on two of the firm’s current buildings had been set to expire at the end of this year.
Howard Kennedy formally merged with Finers Stephens Innocent in January (31 January 2013). As part of the integration of the firm salaried partners were invited to join the combined equity pool (25 March 2013).
A number of West End firms have opened in the City in recent years. Mayfair’s Boodle Hatfield, which had the most expensive offices out of last year’s UK200 firms, is moving to new offices in London’s Bankside this July (23 October 2013).