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Financial Main reports that eighty years after Anglo American first set up its headquarters in Johannesburg’s then thriving inner city, the mining giant has decided to walk away.
It has plans to vacate a number of buildings, including its main SA headquarters at 55 Marshall Street and those that house its divisions and subsidiaries. Back in 1939, the Anglo staff, then around 200 people, left Anmercosa House in Hollard Street and set off for 44 Main Street in SA’s commercial centre. Anglo later moved to Marshall Street and also occupied other buildings nearby, thereby creating its own business precinct. But the multinational giant, now based in Britain, says it has outgrown these old buildings and wants to follow the trend set by other firms to consolidate into one modern building. Once the Covid-19 lockdown restrictions are eased, Anglo will get back on track with its plan to move a staff complement of about 1,200 to its new home in Rosebank in the second quarter of 2021. Anglo will relocate to 144 Oxford, a new premium-grade office building owned by Growthpoint Properties. It will be the biggest tenant in the new building, which includes two office towers and a centralised office core, thereby enabling more collaborative work. The company has also recognised that most of its staff don’t live near the city centre but in suburbs to the north.
- Read the full original of the report in the above regard by Alistair Anderson BusinessLive (paywall access only)
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