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BCG expands the presence of the London office

Digest opened free editor

Boston Consulting Group has expanded its main office in London with more than 30 percent in a bet on personal work, and the latest company to enhance its office and hope brand in the bitter commercial real estate market in the United Kingdom.

The American Consulting Company told the Financial Times that it added a bottom and a half to Fitzrovia, where it was previously occupied four and a half floors, noting the increasing demand on the office area driven by its focus on- in a person working and plans for UK growth.

The expansion includes one new floor in addition to a half -floor that has already rented it but has not been used previously, which is now filled with plants and a work space similar to the cafe to lure the employees to return to the office.

BCG is the latest company to expand its desktop space since the epidemic, when working from home led to empty buildings and declining demand for commercial property. Investment in London offices in 2024 decreased by 58 percent in the long run, according to Savils.

Administrative consultations employ 32,000 people in more than 100 offices worldwide, about 2000 of them in the United Kingdom, and have maintained a fixed preference for personal work. Consultants in London, Amsterdam and Brussels were asked to work from the office or from customer sites for four days a week since 2023, according to persons familiar with politics.

Other major companies have also sought their office in London in recent years.

Last year, Deloitte acquired about 70,000 square feet of additional space, an increase of nearly five, after two of its buildings were closed due to the epidemic. Deloitte has so far maintained its position, allowing flexible work in the United Kingdom.

JPMorgan Chase is in the United States to rent a part of the former Credit Suisse headquarters in the United Kingdom in Canary Wharf and called for a full -time office to return from March.

HSBC is studying an additional space outside the building that he rented near the ST Paul’s, which is slightly more than half of the tower size in Canary Wharf, which will be evacuated in 2026.

In the face of increasingly empty offices buildings, some employees have ordered to return to the office. PWC, who is considering options when the dam’s leasing, told September that it would monitor compliance with the new office policy for three days.

Jessica Erfa, the administrative partner of the London office in BCG, said that the expansion “allows us to absorb our largest team and reflects the focus that we continue to put at work through both consulting and unstable teams.”

“London remains our largest office in Europe, and we are evaluating the best way to plan future growth in the UK,” she added.

BCG, whose revenues have not yet been published, told 2024, that her growth was in “double numbers” last year and expected similar this year.

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