DLA Piper advise BPP on move to new London HQ at Portsoken Street in largest City of London office deal of December 2021
DLA Piper has advised the global education company, BPP Holdings Limited, on its relocation from its existing London Wall site to new premises at One Portsoken Street, London E1.
The premises, being leased from Alfred Equities, covers over 80,000 sq. ft. over the ground to third floors and will be BPP’s central London Headquarters. The building will also accommodate the substantial growth of the BPP School of Business and delivery of its Profession Education (PQ) programmes. The new building is within easy reach and access of London's financial sector being closely located to Aldgate and Tower Hill tube stations.
DLA Piper’s Real Estate team was led by partner Paul Jayson and legal director Isaac Bordon, supported by partner Peter Lowe and legal director Lynne Auchterlonie. Partner Richard Woolich advised on Tax matters.
Paul Jayson commented:
“It has been a pleasure advising BPP on the move to its new HQ in what was the largest City of London move in December 2021. This will help accommodate BPP’s continued and substantial growth and will provide BPP’s staff, clients, students and learners with modern, newly refurbished office and learning space.”
Mark Griffiths, Chief Operating Officer at BPP, commented:
“DLA Piper’s involvement and expertise in this process has been instrumental from start to finish. The scale of the deal shows our intent and commitment to maintain our position as one of the biggest education providers in the market, whilst creating an innovative and engaging environment for colleagues, clients and learners alike.”