BT confirms HQ move to Whitechapel
BT has confirmed the relocation of its London headquarters to Aldgate Developments’ scheme at 1 Braham Street in Whitechapel, E1.
It follows the telecoms giant’s confirmation of the sale of its current home at 81 Newgate in the City of London to Orion Capital Managers for £209m.
BT expects to complete the move into its new office by the end of 2021 at which point the scheme, currently called One Braham, will be renamed.
BT has confirmed the relocation of its London headquarters to Aldgate Developments’ scheme at 1 Braham Street in Whitechapel, E1.
It follows the telecoms giant’s confirmation of the sale of its current home at 81 Newgate in the City of London to Orion Capital Managers for £209m.
BT expects to complete the move into its new office by the end of 2021 at which point the scheme, currently called One Braham, will be renamed.
“We’ve been headquartered in BT Centre for nearly 35 years and we’ve been looking for a building in central London that will be the home of BT for the next 35 or more. The 18 floors of our new headquarters will do just that,” said Philip Jansen, chief executive of BT.
“Between now and moving into the building we’ll be working with architects, designers and – most importantly – our colleagues, to make sure it’s the home the business wants and needs.
“The relocation of our global headquarters is a symbolic move but really it’s the tip of the iceberg; we are currently embarking on one of the largest workplace transformation programmes the UK has ever seen. The Better Workplace Programme is going to take a lot of hard work but it will have a huge and positive impact on BT’s working culture, our productivity and, ultimately, our ability to serve our customers.”
Paul Molloy, leasing director for Aldgate Developments, added: “Aldgate Developments and our partners are delighted to welcome BT to One Braham for their new corporate headquarters. They could not have picked a more exciting and dynamic location in Central London.
“BT have recognised the quality that Aldgate Developments and our world-class team deliver in our buildings. We look forward to bringing more offices to the market in London and Dublin in the near future, and to working with BT to make them very happy in their new home.”
Cushman & Wakefield advised BT on the sale of its its headquarters in the City and its relocation to Whitechapel.
To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette
