No Princes Dock Peel L and P c

The whole Princes Dock estate is now operationally net zero. Credit: Peel L&P

KPMG cuts Liverpool space

The consultancy’s move to more flexible work patterns has seen it reduce its space at Liverpool Waters from around 12,000 sq ft to 6,000 sq ft.

KPMG’s reducing space with a renewed deal at Princes Dock has echoes of the March 2022 decision by rival Big Four firm EY, which moved from 6,000 sq dt at Chapel Street to 2,200 sq ft of serviced workspace at Clockwise within the Royal Albert Dock.

Deloitte has also reduced footprint in its office locations, notably in committing to 43,000 sq ft at Salford’s 100 Embankment this summer.

KPMG, a long-standing occupier at Liverpool Waters, said it wanted a location that not only provides adaptability for its staff but meets its ongoing environmental initiatives, a requirement met by Princes Dock, which has been reverified as operationally net zero for some years.

From 2023 the commercial buildings at Princes Dock will also be connected to Liverpool Water’s District Heat Network.

The firm’s refit includes spaces to support collaboration and hybrid working, client facilities and a refreshed interior to complement the office’s views of the River Mersey.

Liza Marco, assets manager at Peel L&P, said: “Our customers are demanding quality sustainable working environments for their staff in the context of a more flexible hybrid approach to working.

“Staff productivity, creativity and wellbeing are high on the agenda, with organisations looking for not just the right office and fit-out, but the right place for their staff. With unique access to the water, new public realm, and a growing community of cafés, bars and other amenities on the doorstep, demand for space at Princes Dock is strong.”

Jennifer Lee, office senior partner for KPMG in Liverpool, said: “A revamped office space will help us to attract, retain and develop the best talent. As well as a raft of internal promotions following a successful external recruitment drive, we’re growing our teams at all levels and are keen to continue to grow.

“We want to attract the best talent in the market and are looking for people who share our vision and values.”

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While I’m tempted to say ‘yes well large offices aren’t needed as much in these times of WFH ’ KPMG also recently announced a £5.5m investment in the Manchester office so that’s a hmmm.

By Anonymous

Disappointing but somehow inevitable.

By Alice

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