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Bloomberg
Goldman Sachs Group Inc. signed a lease for a new office in Birmingham, England, that could eventually accommodate as many as 1,000 staff.
The Wall Street bank has signed a long-term lease for about 110,000 square feet of space in One Centenary Way, an office being built at the Paradise Birmingham development, according to a statement Wednesday. Goldman will occupy five floors of the building with enough space to initially accommodate several hundred staff and eventually as many as 1,000 if required in future.
Goldman first opened a temporary Birmingham office a year ago and has since hired almost 250 people in engineering, human capital management, legal, audit and corporate and workplace solutions. The new office, which is due for completion early next year, will provide a permanent home and space for the “several hundred more employees†the bank plans to hire in the region, it added.
“The quality, depth and breadth of Birmingham’s talent pool has exceeded expectations in our first year in the city,†Gurjit Jagpal, head of the Birmingham office at Goldman Sachs, said in the statement.
Jagpal said in an interview earlier this month that the firm plans to move into the space in early 2024.