Morningstar (Nasdaq: MORN) announced plans to relocate its London operations to One Millennium Bridge, where it will occupy approximately 75,000 square feet. The move is scheduled for June 2027.

The new location will consolidate staff from Morningstar and its subsidiary PitchBook under one roof. Morningstar worked with CBRE to select the site.

One Millennium Bridge is described as targeting BREEAM Excellent and EPC A sustainability ratings. The building features an all-electric heating and cooling system and is situated near major transportation links in London.

Kunal Kapoor, CEO of Morningstar, said: "The UK is an important market for Morningstar, and this investment reflects our confidence in its future. Bringing our London teams together creates greater opportunities to share expertise across the company, empowering investors and delivering the high-quality work for our clients."

Laura Gonzalez, General Manager and Managing Director of PitchBook EMEA, said the shared location would create "new opportunities to exchange ideas and collaborate" and give PitchBook "room to grow and a base that matches our ambition in the UK."

Morningstar operates through wholly-owned subsidiaries in 32 countries and manages approximately $370 billion in assets under management and advisement as of March 31, 2026.