Forty years after establishing itself in the principality, Edmond de Rothschild has moved into its new headquarters in La Condamine. The new 5,300 square metre building brings the private bank's 270 Monaco employees together under one roof, with the aim of fostering closer collaboration between teams and improving the client experience.
Present in Monaco since 1986, Edmond de Rothschild is taking a new step in its development in the principality with the opening of the new headquarters, located opposite Place d'Armes and the La Condamine market. Built by SCI Esperanza and designed by J.B. Pastor and Fils, the building has eleven floors, seven of them dedicated to Edmond de Rothschild's offices.
Conceived as an elegant, open and light filled townhouse, the new headquarters brings together all of Edmond de Rothschild Monaco's private banking expertise: bespoke banking, discretionary management, advisory, real estate, wealth planning and life insurance brokerage. The workspaces, spread across the first to fifth floors, were designed to encourage knowledge sharing and close collaboration between teams, with abundant natural light, meeting rooms, gathering areas on each floor and open circulation spaces.
The ground floor, along with the sixth and seventh floors, are dedicated to client reception, with eighteen reception rooms, some of them modular, and two large landscaped terraces offering 360 degree panoramic views over the principality. The building has earned BD2M Bronze certification, Monaco's label for sustainable Mediterranean buildings created by the princely government, and includes a system to optimise its energy consumption. Its architecture draws on the Mediterranean style characteristic of La Condamine, with a brick facade featuring glazed tiles, facade cabochons and wrought iron balconies.
On the sixth floor, the 25 square metre Wine Club pays tribute to Edmond de Rothschild wines from France, Spain, New Zealand, Argentina and South Africa. On the ground floor, perfume house Caron has opened its very first Monaco boutique, an 83 square metre space designed by Casper Mueller Kneer Architects under the artistic direction of Olivia de Rothschild, where exposed concrete, brushed metal and subtle tones create a sensory experience built around a monumental reinterpretation of the house's iconic perfume fountains.
"For more than a century and a half, the spirit of Edmond de Rothschild has been an inspiration. We have remained true to its principles without losing sight of the importance of reinventing ourselves," said Ariane de Rothschild, CEO of the Edmond de Rothschild Group, at the opening. "This new headquarters expresses who we are at our core: an independent, family owned group, mindful of places, traditions and human relationships." Gerard Ohresser, CEO of Edmond de Rothschild Monaco, added that the new headquarters allows the firm to "gather our 270 employees under one roof, strengthen the bonds across our business lines and areas of expertise, and welcome our clients in the spirit of hospitality that defines our House."