First tenant announced for new Jersey finance centre

UBS has agreed to move to the premises, once the development is complete. Earlier this week an appeal was launched against the development.

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Finance centre public Q&A session announced

An impression of the finance centre. Credit: ITV News

The first public meeting, where islanders can learn about the international finance centre planned for Jersey's waterfront, will take place next week.

On Wednesday 10 June, there will be a drop in session from 4:30pm to 6:30pm at the town hall in St Helier, which people can attend for one-to-one sessions to learn more about the plans.

Then, from 7pm, there will be a more formal public meeting, in the same location.

This will begin with a presentation, and islanders will then be able to ask questions.

The States Assembly first agreed a plan to develop the Waterfront in 2008. Since then, the majority of Members have supported the concept through a total of five propositions attempting to defer or stop its progress.

Now that sufficient pre-lets have been agreed, work on the first building of the financial district is due to begin. We would like to explain the vision for Jersey’s financial centre to islanders who are interested in, or concerned about, any aspects of it.

We will be at the Town Hall from 4.30-6.30pm on Wednesday next week, available for one-to-one discussions with anyone who would like to find out more about plans for the International Finance Centre. From 7pm there will be a more formal public meeting, where people are welcome to hear a presentation and ask questions about what they have heard.”

– Senator Alan Maclean

UBS has been announced as the first tenant for the finance centre, and the company will take up a lease for 16,000 square feet of office space, allowing the construction of the first building to go ahead.

However, the finance centre remains controversial, with a protest planned for this weekend at the site, on the Esplanade car park.

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