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M&GPrudential sublets City HQ floors to WeWork

M&GPrudential has sublet the top two floors of its new HQ in the City of London to WeWork.

WeWork will take the space at 10 Fenchurch Avenue in the fourth quarter this year.

The announcement follows WeWork’s acquisition of nearby 99 Queen Victoria Street, where the company has taken seven floors.

Other recent moves include WeWork’s expansion to Canary Wharf, with its first location in the area situated at 30 Churchill Place.

David Kaiser, head of real estate, WeWork UK and Ireland, said: “10 Fenchurch Avenue is situated superbly within the Square Mile and on one of the main streets in the City, near local amenities as well as other WeWork locations…WeWork’s move into Fenchurch Avenue shows our ongoing commitment to London, and to businesses of all sizes which are seeking to thrive here.”

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