INDUSTRY NEWS

Punter Southall agree deal for 35,200 sq ft of London office space

The Punter Southall Group Limited, one of the country’s lead actuaries, has announced that it has agreed a deal for the lease of new London office space.

Located at 11 Strand, the office has recently undergone a comprehensive refurbishment – costing in the region of £3.5 million.

Punter Southall have agreed a ten-year lease for 35,200 sq ft of the building, owned by Orchard Street Investment Management.

Positioned adjacent from Charing Cross Station, six of the building’s seven-storeys will be used by Punter Southall as a central headquarters for its London operations.

Chief executive at Punter Southall, Jonathan Punter, commented on the deal.

He said: “This represents good value for us and our clients because we are still where they want us to be – in the West End – but also all in one place. It will also reduce duplication and offer economies of scale which will benefit both us and the people with who we do business.

“We’ve been planning this for some time and look forward to welcoming our growing number of clients to our new home.”

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