Bank to move real estate arm to new offices - banking jobs

Banking and financial services giant BNP Paribas is to move its real estate division from its current base in Chancery Lane to 5 Aldermanbury Square.

The company will take up to 35,000 square feet across two floors at the complex when it relocates this autumn.

The move came as a result of a parent group policy to consolidate its Investment Solutions staff into one building.

Not only will Chancery Lane staff move to the new site but BNP Paribas will also bring staff from its Old Broad Street offices. However, property investment management staff at Charles II Street will remain at their current base.

BNP Paribas Real Estate UK chief executive Mark England believes the move is a great step forward for the London operations.

"Our new office space has excellent client entertainment facilities with views across the City and the large floorplates are essential for our teams to work together," he added.

Although BNP Paribas has its headquarters in Paris, its second global headquarters is based in London. It employs more than 150,000 staff across its banking and financial services in Europe.

Updated: 08 March 2010.
Categories: banking-and-financial-services, london, market-and-industry-news.