The first of the International Finance Centre buildings, which sold last year for £43.7million, will be full at the end of the month after 70 staff from a local investment management firm move in.
Ashburton Investments, which is making the move from premises its been in for over 20 years, will occupy the entire ground floor of IFC1 which includes a client suite, internal meeting rooms, remote working pods and sit-stand desks.
Managing Director, Tony Wilshin, said: “Moving to the heart of the finance centre represents the next step in Ashburton Investments’ growth, enables us to support our clients and underpins our commitment to the local market. Our team have worked tirelessly to create not only a welcoming space for our clients, but also an inspiring space in which to work.”
Pictured: IFC1 was sold in autumn last year.
IFC1, which has a total floor surface of 69,405sqft, was sold last year for £43.7 million allegedly generating profits of £10.9million, for the Jersey Development Company (JDC), who were responsible for the build.
The building has six other tenants, including bicycle and coffee blend ‘Big Maggy’s’ and Sanne, which occupies the majority of it.
Lee Henry, JDC's Managing Director commented: “We are delighted to welcome Ashburton as the final tenant to move into IFC1. The new premises provides the company with highly modern and efficient office accommodation for its operations in Jersey.
"IFC1 is now 100% let and highlights the requirements for modern and efficient Grade A office space. The lettings in IFC1, along with IFC5, which is also almost fully let, demonstrates long-term confidence in the Island as a leading financial services jurisdiction and we wish Ashburton every success in their new home.”
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