BDO secures lease for new London HQ

Accountancy and business advisory firm BDO has signed a long-term lease for its new UK headquarters at The M Building, in London’s central West End area.

BDO’s new building on Marylebone Lane will provide over 220,000 square feet of “ultra-modern, flexible” working space for its 5,000 London-based workforce.

According to BDO, the investment in London forms a key part of the firm’s national property portfolio across 17 UK locations for its 8,000 people.

In the last two years, BDO has moved into new premises in Glasgow, Nottingham and Ipswich, and has invested in major refits in Edinburgh, Bristol and Southampton. It is shortly moving offices in Guildford and, next month, will move into its new Manchester office, Eden.

Additionally, BDO’s Birmingham office is about to undergo a major refurbishment this year and it is looking at further expansion of its presence in Liverpool, where it is now a significant and visible local employer of in excess of 500 people, from a standing start in 2015.

BDO, which has been headquartered in the West End for over a century and at 55 Baker Street since 2007, plans to relocate in Autumn 2027 when the lease on its current premises is due to expire.

Paul Eagland, BDO’s managing partner, said: “BDO UK has more than doubled in size over the last eight years. As we look to the future, we remain committed to investing in first-class people and first-class infrastructure.

“It’s exciting to have secured such a great property as The M Building. The building helps us meet many of our commitments: to our people, to our clients and to our planet.

Eagland added: “Working together is what powers our business, and we remain committed to offering flexible, modern spaces where we can learn together, share ideas and collectively deliver work to our clients.”

“Moving to a new headquarters in 2027 will mark the start of a new chapter in BDO’s history and give us a new site from which to grow our UK business in a responsible and sustainable way.”