BT has agreed the sale of its central London headquarters to a private equity firm as it continues its restructuring programme.
Orion Capital Managers will acquire BT Centre for almost £210 million and has agreed to lease the 300,000 square foot office building for a period of 30 months while the company moves to a new headquarters in the capital.
- BT cuts 13,000 jobs
- Philip Jansen is new BT CEO
- Outgoing BT CEO delivers positive results
A new site has yet to be confirmed, but BT has said details will be made available shortly.
The restructuring programme was announced by former CEO Gavin Patterson last…
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