PA Consulting Takes 60,000 Sq Ft Victoria HQ
PA Consulting is to relocate its London headquarters to Tishman Speyer’s Verde SW1, its flagship development in London’s Victoria in a deal which will see the group take nearly 60,000 sq ft in the building.
Founded in 1943, PA Consulting Group (PA) specialises in management consulting, technology and innovation and is an independent firm of over 2,600 people, operating globally from offices across the Americas, Europe, the Nordics, the Gulf and Asia Pacific.
The building was designed by architects Aukett Swanke, Adjaye Associates and MdeAS.
When the building opens PA will occupy two floors, totalling 58,620 SF. Following the signing, the building is now 48% pre-let.
Dan Nicholson, Head of UK for Tishman Speyer, said: “PA Consulting is the leading global management consulting and technology firm and a great tenant for us to secure into Verde SW1, which already includes Oaktree Capital, Pret-a-Manger and Waitrose.
“With strong competition from other developments in Victoria, we were able to secure the contract with our best-in-class amenities at Verde SW1 and the strong relationship we have built with PA, who also lease space from us in the Chrysler Building in New York.”
Hamish Maule, PA’s Head of Operations said: “PA’s business success and resulting growth has required that we secure a new headquarters building. We are pleased to be moving into Verde SW1 where we are creating an exciting space for our people and our clients to work together and to innovate. The team at Tishman Speyer have worked well with us over the last few months and are committed to supporting our planned move in early 2017.”