The Chartered Institute of Public Finance and Accountancy (CIPFA) has announced that it will move to new offices in London following the sale of its Robert Street headquarters.
It will make the move across to Mint House, Mansell Street, by the end of this year (2014), after it deemed its current building to be not up to standards as a modern office property. Before becoming CIPFA’s new headquarters, Mint House will undergo refurbishment this summer.
The move will allow CIPFA to consolidate its staff base of more than 100 in one location, which will help to boost efficiency.The sale of the Robert Street building, which it has occupied for the past 30 years, will also enable it to improve its revenue position, providing it with a greater amount to invest in the future.
Commenting on the sale, CIPFA chief executive, Rob Whiteman, stated that whilst the Robert Street office was “much-loved,” it was “sadly inefficient as an office building for the 21st century.”
He went on to speak about Mint House, situated near Tower Hill: “The new building will provide an excellent office, training and conference venue and it will enable us to create a superb working environment for our staff and state-of-the-art facilities for members, students and visitors.”
By: Kirsty MacGregor
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