UBS Global Wealth Management has relocated its North East presence to 1 Citygate, Newcastle. The recently opened office space is situated in a newer, state-of-the-art building in the city, cementing UBS’s presence at the heart of the city’s thriving business district.
UBS has signed a five-year lease for its new office at the recently revamped 1 Citygate building, situated at the top of St James’ Boulevard. The new office is strategically located in Newcastle’s business district, enhancing accessibility for professionals seeking the global wealth manager’s services in the city and beyond.
“Newcastle is one of the great Northern cities posing significant economic potential, with business confidence in the North East on the up and tech among the sectors projected to drive growth,” commented Debjani Raffan, regional head for the North of England at UBS. “Our new office is at the centre of all the action, strengthening our position at the heart of the business landscape and supporting our ambitions for growth in the North East as well as across the wider Yorkshire landscape.”
“We already work with many business owners and entrepreneurs across the city, and our new Newcastle office location is on the doorstep for many of our existing and prospective clients,” Allister Hogg, Client Advisor in UBS’s Newcastle team, added. “Our new office is also located at the gateway to the city with great road and rail links, making it easy for us to visit our clients across the North East and beyond. I’m looking forward to playing a key role in the team’s continued growth in the region.”
“UBS has a strong presence across the North, and we see Newcastle and the wider North East region as a major growth opportunity for the business,” said Victoria Hagmann, Head of Wealth Management UK, Jersey & Guernsey at UBS. “Having local advisors who understand the unique regional landscape and can draw on UBS’s centralised, established expertise means we can service clients in the North East community in a personalised way. We’ll also continue expanding the team’s presence in the region through recruitment to build out the team and further investments.”
UBS Global Wealth Management is a leading global wealth manager with a strong regionalised presence across the North of England and Scotland.
