QBE European Operations

Newton Perkins have been advising on QBE’s London property matters for over 20 years, including the acquisition of – and professional work for – its 100,000 sq ft European HQ in Plantation Place, Fenchurch Street, EC3.

We were most recently instructed to conduct a wide-ranging, budget-driven search for QBE’s technology services teams. Our mandate was to identify suitable non-prime office accommodation comprising c.35,000sqft within short travelling distance of their HQ in the City Core.

Having assisted in advising on various high-level analysis, including postcode analysis to determine the preferred locations for staff, Newton Perkins undertook detailed negotiations on two short-listed properties and ultimately agreed terms on Exchange Tower, Harbour Exchange, E14 to take c.32,000sqft on the 4th floor, where we were successful in negotiating one of the most competitive deals in the City and Docklands markets in 2019.