Universal Music’s HQ, currently based in Kensington, will be moving to new office space in Four Pancras Square, King’s Cross.
The building has been pre-let and will be completed in summer 2017. The major’s 1,000-plus employee workforce will move to King’s Cross, as well as those of its sister companies Universal Music Publishing and See Tickets.
Universal Music, whose labels include Island, Polydor, Virgin EMI and Decca, is home to successful artists from across the musical spectrum including James Bay, Florence + The Machine, Ellie Goulding, Mumford & Sons, The Rolling Stones, Sam Smith, Take That and U2.
David Joseph, chairman and CEO of Universal Music UK, said: “King’s Cross is fast emerging as a creative hub for London. It’s going to be an energising place to work and feels like a natural home for Universal Music with many opportunities for collaboration and inspiration literally on our doorstep.”
Nick Searl, partner at Argent, which is developing the building on behalf of the King’s Cross Partnership, added: “We are immensely pleased to welcome such a prestigious and globally respected tenant to King’s Cross; Universal Music’s decision to relocate here is testament to the dynamic and creative environment that has been created and the area’s broad appeal to businesses across a variety of sectors.
“By mid- 2017 we expect to have over 12,000 people working at King’s Cross, confirming its reputation as London’s new office destination and leading the way in workplace design and performance.”