INDUSTRY NEWS

Prudential considers London office space back at Holborn Bars

British insurance and financial services company Prudential is reportedly considering a move to its former central London office space.

The offices, located at Holborn Bars, were originally opened in 1901.

Renowned for its striking gothic architecture – designed in 1885 by legendary British architect, Alfred Waterhouse – Holborn Bars acted as Prudential’s headquarters for almost a hundred years before the company moved to Laurence Pountney Hill in 1999

Now with the lease on Laurence Pountney Hill set to expire, Prudential’s chairman, Harvey McGrath is considering a move back to the old office building.

He stated, at a shareholders meeting: “Holborn Bars would be one of the options.”

Although Prudential still own the Grade II listed building, other illustrious brands are rumoured to be interested in Holborn Bars, such as software service, Skype and advertising agency, Saatchi & Saatchi.

However, Prudential are thought to be considering other options, amongst which are the Walbrook Building, the Shard and Heron Tower.

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