FTI Consulting signs 15-year London office lease; total rent ~$115M with expansion option to ~$145M

FTI CONSULTING, INC

FTI Consulting entered into a lease agreement for its London office at One Exchange Square, comprising ~80,664 sq ft (expandable to 102,828 sq ft).
Aggregate rent over 15-year term approx $115M ($145M if expanded), with quarterly payments after 16.5-month rent abatement.
Lease includes break option at end of year 10, with potential additional 12-month rent abatement if not exercised.
FTI Consulting Inc. acts as guarantor; expected possession on September 25, 2027, with option to elect expansion by January 31, 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FTI CONSULTING, INC entered into Agreement for Leases with PNBJ I Limited (the "Landlord") valued at approximately $115 million, or $145 million in the event that 102,828 rentable square feet is taken (effective 2025-11-21).

Action: entry
Agreement: lease
Counterparty: PNBJ I Limited (the "Landlord")
Value: approximately $115 million, or $145 million in the event that 102,828 rentable square feet is taken
Effective: 2025-11-21

Exact text from the filing

On November 21, 2025, FTI Consulting, Inc. ("FTI Consulting" or the "Company") entered into an agreement for leases (the "Agreement for Leases") with PNBJ I Limited (the "Landlord") to guarantee the obligations of FTI Consulting Management Limited (the "Tenant"), a wholly-owned subsidiary of the Company, to take three leases (the "Leases") of certain premises located at One Exchange Square, 175 Bishopsgate, London EC2M 3TW (the "Premises") for FTI Consulting’s London office comprising approximately 80,664 rentable square feet in the aggregate.

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Source: SEC EDGAR

accession 0001193125-25-300684

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