Macquarie Weighs New London HQ in Vote of Confidence for Offices
- Sydney-based bank could move to a new base in U.K. capital
- It currently leases 217,000 square feet of office space
The current London Macquarie Group Ltd. offices.
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Macquarie Group Ltd. has kicked off a hunt for a potential new London headquarters, a show of confidence in the long-term prospects of the capital’s office market.
The Sydney-based bank is seeking brokers to help search for new offices of a similar size to its current premises on the City of London fringes, according to people familiar with the process. Any move wouldn’t happen for several years and Macquarie could still renew its current lease that expires in 2025, the people said, asking not to be identified as the process is private.