HSBC downsized its London head office – now it’s upsizing
HSBC Holdings is still two years away from a planned move to a smaller City of London headquarters, but executives are already concerned the space won’t be big enough and are considering taking up even more room before relocating.
The bank is weighing whether it will need to lease additional space beyond the 570,000 square feet (52,955 square metres) it will be renting on Newgate Street, where Orion Capital Management is overhauling the former headquarters of BT Group, people with knowledge of the matter said.
Bloomberg
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