Niche London has advised Ipes (UK) Ltd on its expansion-led UK office headquarters relocation from Victoria to the City.
Ipes, a provider of outsourced services to the European Private Equity market, has moved from its offices in London’s Victoria, to new premises in the City of London.
McCalmont-Woods Ipes advised Ipes on the move to 8,100 sq ft of accommodation on the 9th floor of 1 Minster Court, EC3. A new 10-year lease has been agreed on the newly refurbished landmark building with the landlord, Prudential Assurance, advised by CBRE and Spring4.
Ipes currently provides administration and depository oversight over USD102bn of assets for 262 funds from four European offices in Guernsey, Jersey, London and Luxembourg, and currently employs a team of 181 people.
Ben Cook, Ipes (UK) Ltd Managing Director, says: “Ipes has enjoyed huge growth and with our move we have created a more modern, efficient environment for staff. From shortlisting, bid submission to heads of terms McCalmont-Woods delivered excellence as always.”