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City of London, UK, 19th September 2007: Stonemartin, premier provider of managed office space, today announced that financial services company, credEcard plc, a subsidiary of ID Data plc, has signed a 12-month lease, opening a new London office in New Broad Street House. credEcard plc will be the sixth financial services organisation to move into the building this year and this new signing brings occupancy levels to full capacity, ahead of budget.

Paul Spencer, Director of Regional Sales, comments: “New Broad Street House opened in July 2005, so we are delighted that the building has reached capacity so quickly. With the welcome addition of credEcard, we have been able to achieve our target ahead of schedule, which is great! New Broad Street House is particularly well suited to financial services organisations. The building is right in the heart of the City and its impressive design and our comprehensive service offering make its particularly attractive to those organisations who wish to project a successful and stable image but want a managed service offering. We are extremely flexible in our approach in that we fit offices to meet our client’s unique specifications – and I think this is another reason why take up has been so good.”

Over recent months Stonemartin has signed a number of new clients in the financial sector, including: proprietary trading firm Allston Trading, leading global consulting firm Booz Allen Hamilton, corporate and investment banking institution Calyon, international financial services provider Fortis Bank, the largest non-governmental regulator for all securities firms doing business in the US The Financial Industry Regulatory Authority (FINRA – formerly known as NASD), and leading UK insurance broker Stuart Alexander Group – and now credEcard.

credEcard Plc provides prepaid card accounts through which, users can make purchases, send and receive money and perform many other financial transactions using the MasterCard network. The company is headquartered in Skipton and previously did not have an office in London. Mike Pickup, Sales Director for credEcard, explains:

“As this is a new office, we wanted to be able to move in and get working straight away without having to worry about operational concerns, so having a managed space option really appealed. We had been to New Broad Street House in the past for meetings and had always been impressed by its design and facilities. It gives us the right image while we are establishing ourselves in the area, the flexibility to allow room for growth, and the infrastructure support has allowed us to hit the ground running and concentrate on business critical issues.”

New Broad Street House is situated right in the heart of the City of London, just minutes from Liverpool station, and is operated by Stonemartin as part of its managed and serviced office portfolio. New Broad Street House provides accommodation over seven floors, with a traditional frontage juxtaposed against modern state-of-the-art interiors.

Companies interested in office space in New Broad Street House won’t be disappointed as Booz Allen Hamilton will be moving out of the building in a few months time, making space available again for new clients to take up. Booz Allen signed a short term agreement with Stonemartin to accommodate its swing space requirement whilst its current offices at 7 Savoy Court, near The Strand, are being refurbished (anticipated completion late 2007).

For further information:

Paula Elliott
C8 Consulting Ltd for Stonemartin
Tel: +44 (0) 118 9001132

This press release was distributed by ResponseSource Press Release Wire on behalf of C8 Consulting in the following categories: Business & Finance, for more information visit