US stock exchange Nasdaq is looking for a new London headquarters.
The New York-based company currently occupies around 30,000 sq ft at 25 Basinghall Street, EC2.
The 330,000 sq ft building, also known as Woolgate Exchange, is owned by Taiwanese insurance firm Cathay Life.
Nasdaq is looking for a similar amount of space, having already upsized its London base when it signed up for 25 Basinghall Street in 2013. It expanded in London following the acquisition of Thomson Reuters’ investor relations business.
It had previously instructed Colliers International on the 2013 leasing deal, according to Radius Data Exchange. It is understood the company has retained Colliers on its latest London leasing requirement.
Other tenants in the building have also decided to up sticks or are mulling a departure, with some partly influenced by the fact that the Taiwanese owner plans to refurbish the building.
In August, EG reported that Knight Frank was considering exiting Woolgate Exchange and launching a requirement for a new London base. Knight Frank occupies around 6,000 sq ft in the building, according to Radius Data Exchange.
In January, fellow tenant Sidley Austin secured new premises at 70 St Mary Axe, EC3, where it will occupy the top eight floors, totalling around 100,000 sq ft, from early 2020. The law firm currently occupies 85,000 sq ft at 25 Basinghall Street.
Nasdaq and Cathay Life were approached for comment. Colliers International declined to comment.
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