Transatlantic law firm Womble Bond Dickinson has supported an international private wealth specialist to transition to a hybrid working model.
The firm has worked closely with Swiss wealth management firm Julius Baer International to secure new premises for its London team.
Julius Baer International is set to move its London office from its current location in St Martin's Le Grand to a newly refurbished base in Holborn in order to support staff to move to a hybrid working model.
Situated in Greville Street, the new headquarters will comprise 27,000 sq ft of workspace over six floors. The company has signed a 15-year lease at the site, and is scheduled to move into the completed space in 2023.
The new London base will enable the bank to sustain its new hybrid working model in the wake of the pandemic and support the needs of its staff, with employees to have a say in the design of the new office.
Real estate partner Will Fraser led the team at WBD in supporting Julius Baer International with this transaction, supported by managing associate Joseph Dean, construction specialist Simon Wyatt and planning expert Zoe MacDonald.
Will Fraser commented:
“It has been a pleasure to work with and support Julius Baer International on this significant transaction. The new office will support the company’s ambition to cater to an increasingly hybrid workforce.
“Being a complex transaction requiring input from construction and planning as well as property, WBD were ideally placed to support Julius Baer with this deal, utilising our in-house expertise across a wide range of sectors.”
Matt Douglas, Head of Corporate Services at Julius Baer, added:
“The new office will reduce Julius Baer’s carbon footprint, support a community space for a silversmith, and provide a stunning new London home for employees and clients.
“We made the decision to move to hybrid working before the pandemic, and Greville Street represents our next steps by launching a truly collaborative workspace in the heart of London.
“The support we have received from Womble Bond Dickinson throughout the project has been outstanding throughout the process, their extensive knowledge across a range of areas has been invaluable to this project.”
Womble Bond Dickinson has over 250 real estate lawyers across its UK and US offices to assist clients with their real estate needs, with industry experience across hospitality, housebuilding, multi-family/private rented sector, retail, industrial, office, healthcare, real estate lending, transport, agriculture and landed estates.