Capita is to relocate its London property and infrastructure staff to a new HQ in 2014.
The company has completed a ten year deal to sub-lease approximately 100,000 sq ft of office space from JP Morgan at 65 Gresham Street, EC2V 7NQ close to the Bank of England and the historic Guildhall in the City of London.
Capita will now begin the process of moving more than 450 staff from its 1 Procter Street and 125 Shaftesbury Avenue offices by the end of April 2014. Its architecture business, ESA, will remain in its Wells Street offices near Oxford Street.
The company's real estate team led the property search and negotiated the lease on the building which also features a comprehensive suite of meeting rooms and seminar spaces. Its strategic property and workplace team will now lead the implementation of an agile working strategy which will enable it to reduce its overall space requirements and introduce a much more flexible design whilst still accommodating all the various teams.
Overall, over 1,000 Capita plc employees will be relocating to 65 Gresham Street, with the property and infrastructure business being joined by employees from Capita’s employee benefits, insurance services and workplace services businesses on other floors.
This is a hugely exciting move for us as we look to significantly grow our presence and profile in London over the next few years. Relocating the majority of our London staff in one central location presents us with a fantastic opportunity to promote even greater collaboration between teams within a modern and agile working environment.
CEO property and infrastructure, Capita
Capita Real Estate and Infrastructure work with public and private sector organisations to design, build and optimise their real estate and infrastructure assets. From thought to finish, we apply our combined expertise to achieve more from the entire built environment.
We build competitive advantage through intelligently applied real estate and infrastructure solutions and enhance our clients’ standing in a forever-changing world.