Bond & Credit Co have taken over a lease from FXCM-Forex Trading who have now opted to downsize for cost efficiency benefits.

Savills Australia Liz Braithwaite negotiated the new lease for The Bond and Credit Co and said the shift from larger to smaller office spaces is promptly becoming a popular business trend.

“The decision to downsize is popular amongst businesses like FXCM who are now out-sourcing staff and therefore shifting to more cost effective tenancies,” Ms Braithwaite said.

The FXCM group will now be located at 333 George Street, Sydney, whilst The Bond & Credit Co will take over five year lease at the 383 Kent Street, Sydney office.

“Bond & Credit Co will take on the existing fit out whilst making minor office changes,” Ms Braithwaite said.

“The relocation for FXCM will not require any office fit-outs and therefore held as a quick, easy and cost-effective movement for the company”, she said.

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