CIPFA to move into new London home

3 Apr 14
CIPFA has sold its Robert Street headquarters and will begin moving into new offices by the end of the year.

The institute has occupied the historic Robert Street building, just behind the Strand and close to Embankment, for 30 years.

But CIPFA says the property is no longer fit for purpose as a modern office building. Its new office is at Mint House on Mansell Street, close to Aldgate and Tower Hill.

CIPFA chief executive Rob Whiteman said: ‘Robert Street is a much loved and unique building but in the experience of many and in our judgement is sadly inefficient as an office building for the 21st century.

‘As a result we have sold Robert Street and have purchased modern, fit for purpose offices near Tower Hill on the eastern edge the City.

‘The new building will provide an excellent office, training and conference venue and it will enable us to create a superb working environment for our staff and state-of-the-art facilities for members, students and visitors.’

The sale of Robert Street and the planned sale of CIPFA’s Borough office will strengthen CIPFA’s balance sheet and revenue position, providing it with the room and capacity to invest for the future and implement a strategy for its pension liabilities, the institute said.

The move will also consolidate more than 100 institute staff in one place, improving efficiency.

Mint House will be refurbished once the current tenants have vacated this summer and CIPFA staff will start to move in towards the end of the year.

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