Lazard Secures New U.K. Headquarters in Manchester Square
October 18 2022 - 6:00AM
Business Wire
- Over 78,500 sq. ft of
newly refurbished office space to be occupied by early 2025
- Seven-storey property to
house Financial Advisory and Asset Management businesses
Lazard Ltd (NYSE: LAZ) announced today that the firm has secured
a new U.K. headquarters at 20 Manchester Square, London. The
seven-storey building will house both the Financial Advisory and
Asset Management businesses.
The firm has signed a 15-year lease for the property with
Invesco Real Estate beginning mid-2024 and expects to take
occupancy by early 2025, following a programme of renovations.
Lazard is committed to net zero carbon in construction of the new
premises, in accordance with the U.K. Green Building Council
framework.
20 Manchester Square extends over 78,500 sq. feet and benefits
from close proximity to the Wallace Collection, Marylebone village,
Regent’s Park and Bond Street underground and Elizabeth line
stations.
“As we continue to grow our business, this modern development at
20 Manchester Square underpins our longstanding London presence. I
look forward to welcoming colleagues and clients to our new U.K.
HQ,” said Cyrus Kapadia, CEO U.K. Financial Advisory.
“We are pleased to have secured this exceptional new space in
the heart of the capital. This is an important investment for
Lazard Asset Management in London which will be of huge benefit to
our clients and colleagues,” said Jeremy Taylor, CEO Lazard Asset
Management London.
Lazard was advised by RX London.
ABOUT LAZARD
Lazard, one of the world's preeminent financial advisory and
asset management firms, operates from 41 cities across 26 countries
in North, Central and South America, Europe, Asia and Australia.
With origins dating to 1848, the firm provides advice on mergers
and acquisitions, strategic matters, restructuring and capital
structure, capital raising and corporate finance, as well as asset
management services to corporations, partnerships, institutions,
governments and individuals. For more information on Lazard, please
visit www.lazard.com. Follow at Lazard @Lazard
LAZ_FAPE
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version on businesswire.com: https://www.businesswire.com/news/home/20221018005169/en/
Media: Zoe Butt, +44 20 7448 2802
zoe.butt@lazard.com Poppy Trowbridge, +44 20 7187 2065
poppy.trowbridge@lazard.com
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