KPMG today announced 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 ft² (approx. 18,580 m²) 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 headquarters.
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.