The Royal Institution of Chartered Surveyors has announced today (26/04) that it will be relocating hundreds of staff to new offices in the city centre.

The organisation made the decision after a deal to move into new offices in the £100m Friargate development in Coventry fell through.

RICS CEO Sean Tompkins, said: “Since April 2014, one of RICS’ organisational priorities has been the relocation of our Coventry operations to a more suitable workspace for a growing global 21st century professional body.

“We have since explored a variety of options including moving to alternative premises in Coventry, relocation to Birmingham, and the refurbishment of existing premises.

“Having carefully assessed each viable option, we can today announce that we will be moving our entire Coventry based operations to new Grade A premises in Birmingham city centre. We intend to complete our move by the end of 2017.

“While we are obviously disappointed that the proposal to move into a new development in Coventry city centre did not materialise in the timescales originally envisaged, we are more than satisfied that our new premises will fit our organisational needs and vision for the future.”

(Image: Ross Jukes)