A multinational company has signed a £7.5 million deal to set up shop in Croydon Council’s headquarters.

Arcadis, a design and consultancy firm, will begin a 10-year lease of 19,000sq ft of office space in the top two floors of Bernard Weatherill House in the summer.

In February the council announced it would rent out part of its headquarters to save money, saying job losses had created space within its headquarters and that renting out parts of the £120 million building would ensure “property assets are optimised and used to generate income”.

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Alan Brookes, chief executive of Arcadis, said the site had been chosen in part for its “excellent transport links”.

He added: “As well as being located close to a number of excellent transport links allowing quick and convenient access to central London and across the south-east, this new space provides us with the opportunity to bring 2,000 talented people together across two key London locations to truly realise the benefits of collaboration for our clients.”

Council leader Tony Newman welcomed the deal.

He said: “It’s fantastic news that yet another company of global stature wants to relocate to Croydon, further strengthening our position as London’s growth borough, and the place to do business.”