Stanhope and Swiss investment foundation AFIAA have announced that Bank of Ireland has confirmed that it will move its London office to the last available floor in Gresham St Paul’s, the 6th floor, with 18,807 sq ft of new, high-quality office space in a new green office building on Gresham Street with fantastic views of St Paul’s.
Bank of Ireland is expected to move from its existing offices at Bow Bells House in the City of London to new offices in Gresham St Paul’s in the second half of 2024, joining existing tenants including finance, investment and professional services firm Evelyn Partners and the broker Numis Securities.
Bardo Magel, AFIAA Global Head of Asset Management, commented: “We believe London is one of the world’s most important and dynamic financial services centers and the lease to Bank of Ireland completes the definitive lease of Gresham St Paul’s and demonstrates that this is the case.” continues to deliver what leading tenants want.
“At Gresham St. Paul’s, AFIAA delivers world-class space to top corporate tenants and delivers outstanding long-term value to its investors.”
Kevin Darvishi, senior development director at Stanhope, added: “We look forward to welcoming Bank of Ireland to Gresham St Paul’s, a sustainable development offering a bright and airy, state-of-the-art working environment.”
“The building’s amenities, including the Wi-Fi-enabled café, reception and ground floor business lounge, provide an enhanced user experience and reinforce the City of London’s reputation as a leader in delivering the ‘office of the future’. . ”.
Matt Elliott, Chief People Officer at Bank of Ireland Group, said: “In determining the best fit for our move, we assessed a number of key factors to ensure we invested in the right site and building to support our move to meet current and future requirements.
“By moving to Gresham St Paul’s we will be able to offer our colleagues a more sustainable and energy efficient office in the center of the city and in close proximity to a number of major transport links, making it easier for colleagues to commute to the office from across Bank of Ireland -Group.
“This modern facility provides a flexible workspace that fits our hybrid working model and offers on-site colleagues access to a range of amenities.”
Gresham St Paul’s at 31-45 Gresham Street in the City of London comprises a total of approximately 170,000 square feet of prime office space over nine floors, with large terraces on the top three floors, in the heart of the financial center and close to St Paul’s Cathedral and others important cultural sights.
By Matthew Neville – Senior Correspondent, Bdaily
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