INDUSTRY NEWS

DTZ headquarters set for Old Broad Street

DTZ’s new European headquarters will be based at 125 Old Broad Street in the City of London, according to the latest reports.

The global property services company will lease around 100,000 sq ft of office space at the scheme, which is located at the site of the old London Stock Exchange.

No contracts are yet in place for other firms to occupy space in the building – although French law firm Gide Loyrette Nouel is apparently in negotiations to take 34,000 sq ft on floors 13, 14 and 15 on a fifteen-year lease.

Its city office will move from its current address at 30 Throgmorton Street in autumn next year. It has around 14,000 sq ft of space at that address. It is thought that it will move out of its One Curzon Street address altogether eventually.

According to Property Week, it is close to coming to an agreement with asset manager GLG Partners to take on the space. GLG Partners is also currently a tenant at One Curzon Street.

DTZ also has an office in the West End. This is through the office of Donaldsons, its rival firm which it bought out in July of this year in a £40 million deal.
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