Sourcing

Anglo American Considering Move to 17 Charterhouse St.

SourcingJul 13, 2017

Anglo American Considering Move to 17 Charterhouse St.

The building has a long and storied history, as it served as the headquarters for De Beers for decades and once held billions of dollars in diamonds.

London--Anglo American might move its London headquarters to 17 Charterhouse St., the legendary building that housed De Beers, and the bulk of the world’s diamonds, for years.

Asked about a report published Tuesday by Bloomberg--which states that Anglo has already chosen De Beers’ former headquarters as its new base and plans to redevelop the property--an Anglo American spokesperson said: “It is correct that our lease on Carlton House Terrace expires in 2020 and we are looking at options for our combined London HQ, one of which is to transform De Beers’ old HQ at Charterhouse Street.”

Carlton House Terrace is Anglo American’s current headquarters and is located near Buckingham Palace.

Charterhouse Street, meanwhile, is located about two miles across town, near the city’s Hatton Garden diamond district.

De Beers had its headquarters there from the 1930s until last year, when it moved in with Anglo American at Carlton House Terrace.

There are many legends surrounding 17 Charterhouse St., with its extensive art collection, massive vaults that held billions of dollars in diamonds when De Beers was at the height of its power (and before sales and sorting moved to Botswana in 2013), and helipad on the roof that’s reportedly still used by the Oppenheimer family.

The lore surrounding the building was so intriguing, in fact, that it was the subject of a book released in 1972 called “11 Harrowhouse” by Gerald A. Browne and a movie of the same name that came out in 1974 starring Charles Grodin and Candice Bergen.

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

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