Monex

Location
Size

One Bartholomew Lane,
London, EC2

9000 sq ft

Size

9000 sq ft

Background

Monex Europe, Europe’s leading commercial foreign exchange specialist, successfully moved into their new offices (9,000 sq ft) on the 3rd floor at One Bartholomew Lane, in the City of London.

The Project

This was the quickest project that Interactive Space has carried out in its 10 year history and success was achieved by the Client team making key decisions on time and excellent work on lease negotiations by Peter Lance and James Neville of Allsop. An outline of the programme is as follows:

Space Audit carried out by Interactive: 3rd to 4th October 2012.

Building Appraisals carried out on Moorhouse and Bartholomew Lane: week commencing 8th October, including indicative space plans to show how well each building would work.

Key Facts

  • Offers made on both buildings by Allsop: week commencing 15th October.
  • Space plans and M&E Engineering drawings completed and signed off by 26th October.
  • Heads of Terms agreed on 24th October 2012.
  • On site Validation Surveys, including water sampling started on 22nd October and completed by 26th October.
  • Technical Report, including a list of defects together with cost of rectification, issued on 26th October.
  • Interactive met with the Landlord`s Technical Team on 26th October to seek Landlord Approval for the fitting out works.
  • Cost plan and full set of drawings for construction issued by Interactive on 31st October.
  • Formal Landlord Approval for the fitting out works received on 5th November
  • Exchange of contracts: 6th November.
  • Instruction to Contractor issued on 6th November.
  • Fitting out works started on 7th November with 6.5 weeks on site and completed on 21st December 2012.  Merry Christmas!
  • Monex Europe was fully operational and trading on 31st December 2012.  Happy New Year!

The Client is a currency trading operation, so the space is mostly open plan with Breakout Area, 2 Board Rooms, 2 Meeting Rooms, Comms Room, Reception and Tea Point.  The extended breakout area will allow the company  to complete the second phase of expansion to accommodate further sales and dealing staff, soon to be recruited.