L’Oréal confirms White City move

L’Oréal has confirmed its move to White City Place. The cosmetics giant is believed to have prelet around 110,000 sq ft for its new UK and Ireland headquarters at the development owned by Stanhope, Mitsui Fudosan and AIMCo. Its 1,000-strong workforce at the company’s current base in Hammersmith will move over to White City Place in autumn 2023 when its current lease ends. L’Oréal’s space at the 240,000 sq ft building will span six floors, and includes an outdoor terrace with capacity for up to 250 people. The new headquarters will also house an onsite academy to train over 10,000 hairdressers a year. Nathalie Bleach, operations director at L’Oréal UK and Ireland, said: “The new building is at the heart of an energetic and creative campus located next to Imperial College and Westfield London, a location which is reflective of our ambition to become the leading beautytech company.  “Relocating our corporate headquarters is a unique opportunity to provide our employees with a workplace for tomorrow, and a headquarters that best represents our creative and innovative company alongside our mission of beauty for all.”  David Camp, chief executive at Stanhope, added: “L’Oréal will be a great addition to the fantastic mix of creative and fashion companies already based at White City Place, and will help cement White City’s position as a leading global business district for world class companies.” Eiichiro Onozawa, managing director at Mitsui Fudosan, said: “The move highlights how White City has quickly become a destination of choice for ambitious, innovative businesses seeking world class facilities, a prime location and renowned transport links.”   L’Oréal was advised by Cushman and Wakefield and Stanhope, and Mitsui and AIMCo by Knight Frank. To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette