INDUSTRY NEWS

Amazon to move new London office

Amazon has announced plans to move its UK headquarters to a new London office close to Silicon Roundabout.

The firm’s new London office will be located at Principal Place, a new development situated between Shoreditch High Street and Liverpool Street stations.

Amazon will occupy just over two thirds of the 600,000 sq ft office space but it is yet to be confirmed how many of the 15 storeys it will take up exactly. The building will offer space for a total capacity of 5,000 employees though.

The move comes as Amazon plans to move all of its corporate UK staff to one of three offices in the UK capital by next summer.

The firm currently employs around 1,700 people in corporate positions between its Slough and Farringdon offices.

Principal Place won’t be complete until 2016, with Amazon planning its move to the building in the following year.

As well as providing office space for Amazon, the building will feature a 15,000 sq ft reception area, as well as two roof terraces exclusively for the use of tenants.

Amazon’s new location on the Shoreditch/City of London border could create interest for other technology firms to move to the area.

Amazon’s current UK headquarters is located in Slough, where the firm has been based since 1998.

By: Kirsty MacGregor

News bought to you from DeVono Cresa, the award-winning commercial property advisers, specialising in Central London office, retail and leisure space.

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