View the article online at http://citywire.co.uk/wealth-manager/article/a726188
Schroders set to unveil London relocation plans
by Dylan Lobo on Jan 06, 2014 at 08:01
Schroders is poised to unveil plans to move to a new property development, according to The Times.
The paper says the 200-year old asset management company will today reveal details on the switch of its headquarters from Gresham Street to a 12-story 300,000 sq ft office at One London Wall Place.
The development is managed by Brookfield Office Properties and Oxford Properties in partnership with the City of London Corporation, which owns the freehold. The development is scheduled to be completed by late 2016.
The move follows the firm's £424 million acquisition of Cazenove Capital last year.
Schroders chief executive Michael Dobson told The Times the move would enable the firm to have all its staff under one roof.
News sponsored by:
Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.
Today's top headlines
More about this:
On the road
on Apr 24, 2014 at 14:30