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Diageo to leave Park Royal headquarters for new central London home

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Diageo is to leave its northwest London headquarters and move to a new office in the heart of the UK capital.

Diageo said the move from Park Royal, pictured, will put the company in the heart of one of Londons key bar districts

Diageo said the move from Park Royal, pictured, will put the company in the heart of one of London's key bar districts

The Johnnie Walker owner said today it will move out of its current Park Royal site in spring 2021. The new global headquarters will be in 16 Great Marlborough Street, near the Oxford Circus underground station.

Diageo, which also has an office near Piccadilly Circus, said the move will being all 900 London employees under the same roof. It also puts the company in Soho, one of London's key hospitality areas and home to some of the world's top bars.

The move will mean a downsizing of Diageo's office space as it relocates out of the London suburbs. According to the company, the current combined 200,000 square feet of office space will become 105,000 square feet.

Today's announcement follows a report in UK trade publication Property Week last year that said Diageo was looking to relocate out of Park Royal to a "more central, west London location". At the time, a Diageo spokesperson dismissed the report as "speculative and full of inaccuracies".

Commenting on the move today, Mairéad Nayager, chief HR officer at Diageo, said: "We are excited to be bringing our people together at last under one roof and closer to our consumers. We intend to create a world-leading workspace for them, designed to meet the needs of Diageo today and in the future. Our new headquarters will provide the most inclusive of working environments for all of our people and enable us to retain and attract the best talent in the future."

"The US is the one market where we've not seen gin's momentum develop" - Diageo CEO Ivan Menezes talks to just-drinks


Sectors: Spirits

Companies: Diageo

Expert Analysis

Gin & Genever (Spirits) Market in United Kingdom - Outlook to 2022: Market Size, Growth and Forecast Analytics

Gin & Genever (Spirits) Market in United Kingdom - Outlook to 2022: Market Size, Growth and Forecast Analytics

Gin & Genever (Spirits) Market in United Kingdom - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Gin & Genever market in United Kingdom.

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