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Boston Consulting Group has expanded its Main London office for more than 30 percent in personal work, the latest company that has increased its office space and a sign of hope for the commercial real estate market in the UK.
The US consultation company told the Financial Times that she added to his place of Fitzrovia, where she had previously occupied four and a half floors, citing a growing demand for office space guided by the work of work and plans for the Great Britain’s growth.
The extension includes one new floor, as well as half the floor that has already been leased but previously unused, which has now been filled with plants and a cafe style, to return employees to the office.
BCG is the latest company that has expanded office space from pandemic, when work from home led to empty buildings and sinking demand for commercial assets. Investing in London offices in 2024 was reduced by 58 percent to the long -term average, according to Savills.
The management consultation employs 32,000 people in more than 100 offices around the world, about 2000 of which are in the UK and has retained a permanent tendency for personal work. Consulting staff based in London, Amsterdam and Brussels have been said to work from an office or from a client’s web site four days a week from 2023, according to people who are familiar with politics.
Other large companies have also expanded their presence in the London office in recent years.
Deloitte last year to take over About 70,000 square meters of additional space, an increase in almost fifth after closed two buildings due to pandemic. Deloitte has held its position so far, allowing for completely flexible work in the UK.
US Bank Jpmorgan Chase is In the lease conversations Part of the former seat in the UK Credit Suisse at Canary Wharfa and invited the return of an office with a full -time office from March.
HSBC considers an additional space outside the building that he rented near St. Paul, which is just over half of the tower size at Canary Wharf leave 2026.
Faced with the increasingly empty office buildings, some companies ordered employees to return to the office. PWC, who considers the possibilities when he finishes the lease of his embankment, told employees in September that he would monitor compliance with a new office policy three days a week.
Jessica Frame, a management partner of the BCG London Office, said that the spread “allows us to adapt to our bigger team and reflect the emphasis that we continue to put on a person by working on consulting and non-construction teams.”
“London is still our biggest office in Europe and we estimate that it is best to plan a future growth in the UK,” she added.
BCG, who has not yet announced his revenues for 2024, said ft His growth was in “two -core digits” last year and expected a similar one this year.
