McCalmont-Woods has acquired the new UK headquarters for global communications giant Tata Communications.
The Tata Global Network includes one of the most advanced and largest submarine cable networks, a Tier-1 IP network, with connectivity to more than 200 countries across 400 PoPs, and nearly 1 million square feet of data centre and co-location space worldwide. Tata Communications’ depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services, leadership in global international voice, and strategic investments in operators in South Africa (Neotel), Sri Lanka (Tata Communications Lanka Limited), and Nepal (United Telecom Limited).
McCalmont-Woods relocated Tata Communications from their previous base at Exchange Tower, 2 Harbour Exchange Square, London E14 to 20 Old Bailey, London, EC4 in the heart of the City.
The company, which is listed in India, is taking 18,685 sq ft of fully fitted offices on the first floor of 20 Old Bailey from Accenture on a new 4 year lease, inside the Landlord & Tenant Act 1954, on which it is paying a highly competitive net effective rent of £11.22 per sq ft only!
Fionnula Bentley, Tata Communications HR Director said:
“Nick McCalmont Woods contacted me initially to assist him with work he was doing for another client. As a result of our initial conversation, Nick became involved is assisting Tata Communications to find new offices in London. The brief was simple, to find us as much space as possible in the best possible location for the least cost possible.
Nick has proved professional in his dealings across all levels of management and very quickly presented us with a number of viable options. The offices we finally settled on are fantastic value for money and provide an ideal environment for our employees.
I honestly do not believe we would have found our new central London location and been able to present such as strong business case to the Board without Nick’s assistance.”