Swiss Bank Headquarters Planned for London

4 August 2010 (Last Updated August 4th, 2010 18:30)

Financial services company UBS plans to build its new 700,000ft² headquarters in London, UK. Bluebutton Properties, a joint venture between Blackstone Group and British Land, has signed an agreement to deliver the project. The $540m office is planned to be built on the 4.

Financial services company UBS plans to build its new 700,000ft² headquarters in London, UK.

Bluebutton Properties, a joint venture between Blackstone Group and British Land, has signed an agreement to deliver the project.

The $540m office is planned to be built on the 4.4-million-square-foot Broadgate complex site, which houses the bank's two existing buildings, which will be demolished soon.

Construction of the new office is expected to start in 2011, subject to approval.