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1st May 2008
KBC Peel Hunt wins AIM Adviser of the Year Award -
30th April 2008
KBC Group purchases office building in the City of London; Move endorses long-term commitment to UK financial markets -
7th February 2008
Winners Announced at Annual NED Awards -
6th December 2007
KBC London Announces £100k Fund Raising for Starlight Charity for Inaugural Charity Day -
2nd November 2007
KBC Peel Hunt Announces Record Fund Raising for New Commercial Property Company -
1st June 2007
John Cahill voted top ‘City Young Gun’ analyst -
15th May 2007
City Great & Good take part in raising £60,000 for Motor Neurone Disease -
26th April 2007
KBC Peel Hunt wins AIM Adviser of the Year Award for the 4th Year in a row and KBC Peel Hunt analyst wins Prestigious Analyst of the Year Award -
9th February 2007
What makes an outstanding Non-Executive Director?
30th April 2008 – KBC Group purchases office building in the City of London; Move endorses long-term commitment to UK financial markets
KBC Group, a major European banking group, has completed the purchase of offices in Old Broad Street, in the heart of the City of London. The Company has bought the offices as part of its strategy to establish a central hub in London.
The 122,226 sq ft building occupies a prime location at 111 Old Broad Street, in the heart of the City of London, and houses over 600 of KBC’s UK employees in corporate banking, investment banking and asset management.
Cameron Marr, general manager at KBC Bank, says: “We have been at 111 Old Broad Street since November 2003 and it is very much the UK heart of the Corporate and Investment Bank. As our footprint has grown across the UK we are keen to position ourselves for the long term. This deal represents our confidence in, and commitment to, the UK market and we are proud to be aligning our intentions with a solid investment.”
Guy Slocombe, investment partner at KBC's advisers Drivers Jonas, said: “The acquisition of this grade A City asset concludes a lengthy period during which our client has carefully watched the market and considered the most appropriate time for their business to buy their City HQ. While values for product of this nature have appeared stable this year, the price paid reflects a significant discount on previous valuations."
ENQUIRIES:
Pelham Public Relations: kbc@pelhampr.com
Kate Newton Tel: 020 7743 6604
Polly Fergusson Tel: 020 7743 6362
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The 122,226 sq ft building occupies a prime location at 111 Old Broad Street, in the heart of the City of London, and houses over 600 of KBC’s UK employees in corporate banking, investment banking and asset management.
Cameron Marr, general manager at KBC Bank, says: “We have been at 111 Old Broad Street since November 2003 and it is very much the UK heart of the Corporate and Investment Bank. As our footprint has grown across the UK we are keen to position ourselves for the long term. This deal represents our confidence in, and commitment to, the UK market and we are proud to be aligning our intentions with a solid investment.”
Guy Slocombe, investment partner at KBC's advisers Drivers Jonas, said: “The acquisition of this grade A City asset concludes a lengthy period during which our client has carefully watched the market and considered the most appropriate time for their business to buy their City HQ. While values for product of this nature have appeared stable this year, the price paid reflects a significant discount on previous valuations."
ENQUIRIES:
Pelham Public Relations: kbc@pelhampr.com
Kate Newton Tel: 020 7743 6604
Polly Fergusson Tel: 020 7743 6362
