Investing.com - Financial Markets Worldwide
🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

HSBC in talks to move NYC headquarters to Hudson Yards' Spiral - Bloomberg News

Published 01/12/2022, 01:26 PM
Updated 01/12/2022, 02:02 PM
© Reuters. FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause//File Photo
PFE
-
AB
-
HUD
-

(Reuters) - HSBC Holdings Plc (LON:HSBA) is in talks to move its New York headquarters to a tower in the Hudson (NYSE:HUD) Yards district, Bloomberg News reported on Wednesday.

The London-based bank is considering a lease for roughly 250,000 square feet of offices at the Spiral, a 65-storey skyscraper being built by Tishman Speyer on Manhattan's far west side, the report said, citing people familiar with the matter.

The Spiral, which will have 2.85 million square feet of office along with retail space, is expected to complete construction this year, the report added.

Most of the building has been leased by tenants like Pfizer (NYSE:PFE) and AllianceBernstein (NYSE:AB) Holdings, Bloomberg News said.

© Reuters. FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause//File Photo

HSBC in an emailed statement told Reuters it does not comment on speculation, adding that they "routinely evaluate opportunities for our real estate footprint in the U.S.".

Tishman Speyer did not immediately respond to a request for comment.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.