INDUSTRY NEWS

Major global legal firm DLA Piper on the prowl for new London office

Global law firm DLA Piper is on the lookout for a new London office as it attempts to consolidate its efforts in the capital into one cohesive office.

The firm is currently on the prowl for up to 200,ooo sq ft of office space in the City of London.

DLA Piper currently has two City offices it operates from in London. The bigger of the two is a 110,000 sq ft base on Noble Street, the second smaller office of 40,000 sq ft is based a 1 London Wall.

The firm is now looking to bring the two offices together under one roof before the leases on its two current offices expires. The longest of which is set to run out in 2019.

It is rumoured to be looking at London offices including, Brookfield’s Principal Place or Land Securities New Ludgate complex amongst a number of other options.

The firm has other offices scattered around the UK in areas including Birmingham, Leeds and Manchester. It also operates across 30 other countries in areas including the Americas, the Asian Pacific and Europe.

The move comes at a time when a number of other legal firms have confirmed plans to move into new premises. Bird & Bird for example announced a deal with Great Portland Estates to move into its 12-storey office development on 12-14 New Fetter Lane.

Similarly, Field Fisher Waterhouse has looked into acquiring several floors of Thames side office complex.

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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