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Boston Consulting Group has expanded its main London office with more than 30 percent in a bet on personalized work, the latest company to increase its office space and a sign of hope for the capital’s trading assets in the kingdom of the capital United.
The US counseling firm told Financial Times that she had added a floor and a half to her Fitzrovia site, where she previously occupied four and a half floors, citing the growing demand for office space directed by her emphasis on- work person and plans for UK growth.
Expansion includes a new floor, as well as half floor that it is already rented, but previously was unused, and which is now filled with plants and a cafe -style work space to attract employees back to the office .
BCG is the latest company to expand its office space since Pandemia, when working from home led to empty buildings and immersing the demand of commercial properties. Investments in London offices in 2024 decreased 58 percent in the long -term average, according to Savills figures.
Management consulting employs 32,000 people in more than 100 offices worldwide, approximately 2,000 of whom are in the United Kingdom, and has maintained a sustainable preference for the person’s work. London -based advisory staff Amsterdam and Brussels have been told to work from office or client pages four days a week since 2023, according to people familiar with politics.
Other major businesses have also expanded their presence at the London office in recent years.
Deloitte last year took about 70,000 sq ft extra space, an increase of nearly one -fifth, after closing its two buildings due to the pandemia. Deloitte has so far maintained its attitude by allowing the UK’s fully flexible work.
US Bank JPMORGAN Chase is in talks to rent a part of the former UK headquarters in Canary Waryf and has called for a full-time office return from Mars.
HSBC is considering additional space beyond the building that has rented near St. Paul, which is slightly more than the size of the tower on the Wharef Canary will rest in 2026.
Facing increasingly empty office buildings, some companies have ordered employees to return to the office. The PWC, which is considering the options when its embankment lease is over, told employees in September that it would monitor compliance with a new three-day office policy per week.
Jessica Frame, the management partner of the BCG office in London, said expansion “allows us to accommodate our largest team and reflects the emphasis that we continue to place on people working on both advisory and non-consulting teams.”
“London remains our largest office in Europe and we are appreciating that the better to plan for future growth in the UK,” she added.
BCG, which has not yet published its income for 2024, told FT its growth was in the “double figures” last year and waited for similar this year.
