Financial services firm Morningstar will relocate its London operations to One Millennium Bridge, bringing together staff from across Morningstar and its subsidiary PitchBook in one location.
One Millennium Bridge
Morningstar will occupy around 75,000 sq ft in the Thameside building in the City of London and plans to move in June 2027.
Kunal Kapoor, chief executive of Morningstar, said: “The UK is an important market for Morningstar, and this investment reflects our confidence in its future. Bringing our London teams together creates greater opportunities to share expertise across the company, empowering investors and delivering the high-quality work for our clients.”
The firm said it selected One Millennium Bridge due to its modern, well-connected location and strong sustainability credentials, including an all-electric heating and cooling system and large open terraces.
The office, next to St Paul’s Cathedral, spans a total of 240,219 sq ft and was refurbished and extended in 2020.
US investment giant Angelo Gordon teamed up with Beltane Asset Management to acquire Millennium Bridge House, later rebranded One Millennium Bridge, in an off-market deal for an estimated £95m in 2018.
Laura Gonzalez, general manager and managing director at PitchBook EMEA, said: “Sharing one location with colleagues from across Morningstar creates new opportunities to exchange ideas and collaborate, as we continue to help customers navigate the convergence of public and private markets together. One Millennium Bridge gives PitchBook room to grow and a base that matches our ambition in the UK.”
Morningstar was represented by the CBRE team of Ed Keevil and Henry Ward.
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