Cynergy leaves West End for new City HQ
Cynergy Bank has signed a lease for a new HQ at Landsec’s One New Change, EC4, shifting from London’s West End to the City.
The bank, which is currently based in several offices across London, including around 7,000 sq ft at 27-31 Charlotte Street, W1, is consolidating its team into 23,000 sq ft at Landsec’s One New Change. It will occupy part of the fourth floor of the 636,468 sq ft building.
Quoting office rents in the five-storey building, which is also home to shops and restaurants including Gordon Ramsay’s Bread Street Kitchen and the Ivy, are around £67 per sq ft.
Cynergy Bank has signed a lease for a new HQ at Landsec’s One New Change, EC4, shifting from London’s West End to the City.
The bank, which is currently based in several offices across London, including around 7,000 sq ft at 27-31 Charlotte Street, W1, is consolidating its team into 23,000 sq ft at Landsec’s One New Change. It will occupy part of the fourth floor of the 636,468 sq ft building.
Quoting office rents in the five-storey building, which is also home to shops and restaurants including Gordon Ramsay’s Bread Street Kitchen and the Ivy, are around £67 per sq ft.
Cynergy Bank chief executive Nick Fahy said: “Cynergy Bank has gone from strength to strength over the last few years and continues to plan for growth. Our office plays an important role in supporting our people and ensures we attract and retain the best talent needed to be competitive.
“Partnering with Landsec to move into a single head office in the City of London allows us to house all our London staff under one roof, further embedding our culture and facilitating collaboration to ensure we are supporting our customers.”
“With people increasingly splitting their week between home and the office, we know that workers are looking to capitalise on their time in the city by dining out or socialising after work,” added head of offices at Landsec Oliver Knight. “Workspaces with direct access to great local amenities, be that retail, restaurants or leisure, can draw people into the office, helping businesses to drive performance and connect with their people.”
Cynergy Bank is due to relocate to its new HQ in 2023.
Cushman & Wakefield and Savills are letting agents on One New Change.
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Photo © Land Securities Group 2021
