The UK arm of social media company Pinterest is searching for a new London headquarters, which the company hopes to move into in early 2026.
The move would see Pinterest UK leave its current base in flexible office operator Fora’s Brock House at 19 Langham Street, W1, where it is understood to have a lease for around 10,000 sq ft.
The company has mandated JLL and is searching for a larger office space in central London. A spokesperson for the company declined to say whether it would look for flexible space or a more traditional office.
According to the UK company’s most recent accounts, profit fell from more than £1.4m in 2022 to £972,908 the following year. The company then made “a slight workforce reduction and abandoned select leased office spaces” as part of a restructuring plan. Until October 2023 the company had been based at 100 New Bridge Street, EC4.
According to a written statement in the accounts from company director Suli Lin, the aim of the restructuring plan was to “adjust [sic] office space footprint to better align with the needs of the company’s flexible work model”.
The group opened its EMEA headquarters at Mark and BCP’s 60 Dawson Street in Dublin earlier this year.
Image by Souvik Banerjee from Pixabay
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