LONDON, Oct. 10, 2018
/PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC
Partners," "BGC" or "the Company"), a leading global brokerage and
financial technology company, signed leases on approximately
130,000 sq ft at 5 Churchill Place, London, E14. This will see the leading
brokerage firm relocate its UK based headquarters in 2019.
BGC Partners will bring together operations from its two current
Canary Wharf locations at 1 Churchill Place and 40 Bank Street to
the new site.
Designed by architects, HOK International, the landmark
12-storey office building has a BREEAM 'Excellent' rating and
offers Grade A office accommodation, as well as a double height
reception and flexible floorplates. Knight Frank represented
BGC Partners.
Shaun D. Lynn, President of
BGC Partners said: "I'm delighted to announce that 5
Churchill Place will be our new UK based headquarters for BGC and
Fenics for the foreseeable future. We are embarking upon a high
quality fit out project, which will deliver best in class
facilities for our staff and clients for many years to
come. The additional capacity also underlines our ambition to
continue our programme of strategic corporate acquisitions to
expand the BGC group offering."
Jack Tomlin, Partner, Central
London Tenant Representation at Knight Frank, said: "Canary
Wharf continues to offer corporate occupiers unrivalled value for
money in the Central London office
market. New transport infrastructure, coupled with high building
specification and local amenities makes the all-round offering very
compelling. The transaction also demonstrates the financial
services sector's continued commitment to London in a period of political and economic
uncertainty."
About BGC Partners, Inc.
BGC Partners is a leading global brokerage and financial
technology company. BGC offers Real Estate Services through its
publicly traded subsidiary Newmark Group, Inc. (NASDAQ: NMRK)
("Newmark Group"), a leading full-service commercial real estate
services business. BGC's Financial Services offerings include fixed
income securities, interest rate swaps, foreign exchange, equities,
equity derivatives, credit derivatives, commodities, futures, and
structured products. BGC's Financial Services customers include
many of the world's largest banks, broker-dealers, investment
banks, trading firms, hedge funds, governments, corporations, and
investment firms. BGC, BGC Trader, GFI, Fenics, Fenics Market Data,
Capitalab, and Lucera are trademarks/service marks and/or
registered trademarks/service marks of BGC Partners, Inc. and/or
its affiliates. BGC's common stock trades on the NASDAQ Global
Select Market under the ticker symbol (NASDAQ: BGCP). BGC Partners
is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please
visit http://www.bgcpartners.com. You can also follow BGC at
https://twitter.com/bgcpartners,
https://www.linkedin.com/company/bgc-partners, and/or
http://ir.bgcpartners.com.
Discussion of Forward-Looking Statements about BGC and
Newmark
Statements in this document regarding BGC and Newmark that are
not historical facts are "forward-looking statements" that involve
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements. Except as
required by law, BGC and Newmark undertake no obligation to update
any forward-looking statements. For a discussion of additional
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see BGC's
and Newmark's Securities and Exchange Commission filings,
including, but not limited to, the risk factors set forth in these
filings and any updates to such risk factors contained in
subsequent Forms 10-K, Forms 10-Q or Forms 8-K.
About Knight Frank LLP.
Knight Frank LLP is the leading independent global property
consultancy. Headquartered in London, Knight Frank has more than 14,000
people operating from 413 offices across 60 countries. The Group
advises clients ranging from individual owners and buyers to major
developers, investors and corporate tenants. For further
information about the Company, please visit knightfrank.com.
Media Contact:
Harjeet
Singh
+44 207 894 8829
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