Law Firm RPC to Relocate London Headquarters to Devonshire Square

Why It Matters

The relocation highlights the growing priority among professional services for sustainable, flexible office environments, reshaping demand in London’s premium office market.

Key Takeaways

• RPC leases all five floors, 67,023 sq ft at DSQ 10.
• 15‑year lease begins 2028, replacing 20‑year Tower Bridge House tenancy.
• DSQ 10 offers renewable energy, ESG credentials, private roof terrace.
• Move underscores demand for sustainable, flexible office space in City.
• Nuveen’s DSQ campus attracts diverse tenants, including fintech firms.

Pulse Analysis

RPC’s decision to shift its London base to 10 Devonshire Square reflects a broader strategic pivot among elite law firms toward purpose‑built, environmentally certified workspaces. By securing the entire five‑floor, 67,023‑square‑foot footprint on a 15‑year term, RPC not only consolidates its operations but also aligns its brand with ESG expectations that clients increasingly demand. The move from a 69,000‑square‑foot lease at Tower Bridge House, where the firm has operated for two decades, signals a willingness to trade sheer size for quality, sustainability and connectivity.

The relocation underscores a city‑wide trend where professional services are gravitating toward offices that combine flexible layouts with green credentials. Buildings like DSQ 10, powered entirely by renewable energy and featuring amenities such as a private roof terrace, cater to firms seeking to reduce carbon footprints while offering employees modern, adaptable environments. As London’s office market recovers from pandemic‑induced vacancy pressures, landlords that can demonstrate robust ESG performance are gaining a competitive edge, attracting tenants willing to commit to longer leases for the right combination of design and sustainability.

Nuveen’s DSQ campus exemplifies the diversification of the City’s tenant mix, blending traditional financial institutions with tech and fintech players such as Xero and Figma. RPC’s entry adds a high‑profile legal anchor, enhancing the campus’s prestige and signaling confidence in the area’s long‑term viability. For investors, the growing concentration of ESG‑focused occupants suggests stable rental income streams and potential upside in property valuations, reinforcing the appeal of green‑centric office assets in a market that values resilience and innovation.