IBM launches search for new central London HQ

IBM is looking to relocate from its home on the South Bank, where it has been based for nearly 50 years.

The tech giant is understood to have appointed its retained UK adviser, BNP Paribas Real Estate, to find between 150,000 sq ft and 200,000 sq ft in central London with fit-out of the new space needing to start by the first quarter of 2021, to allow the company to move in by the start of 2022.

The IBM Building at 76/78 Upper Ground, SE1, which sits on three acres on the bank of the River Thames, between ITV’s former