New Canary Wharf HQ for Algorithmics

Office design news from Morgan Lovell

Published on 24-01-2011

Enterprise risk management solutions provider Algorithmics has announced it is to carry out an office relocation for its staff to a new European headquarters in the City of London.

The business will be moving to 30 North Colonnade and has seen significant refurbishment work carried out at the property in order to meet the firm's ideals of innovation, creativity, flexibility and open-plan working.

"Our new European headquarters is an important development in our global network of offices delivering customer services and ensuring that Algorithmics is close to the heart of the global financial economy," commented John Macdonald, executive vice-president of the firm.

Elsewhere in the capital, the European Commission recently gave the green light to office construction work that could lead to the creation of up to four million sq ft of new office space.

The Stratford City development is set to cost £1.3 billion and is being put forward as a joint venture project by Lend Lease and London & Continental Railways.

Posted by Adrian Norman