Regency Court move marks the beginning of new era for Praxis in Guernsey
Global professional services firm Praxis has reinforced its commitment to Guernsey with the opening of new offices at Regency Court in Glategny Esplanade.
The new premises in the heart of St Peter Port were officially opened by His Excellency the Lieutenant-Governor, Lieutenant General Richard Cripwell CB, CBE on Friday 22 November, who was shown around the space and introduced to members of the Praxis team.
After more than three decades in its previous offices in Sarnia House, Le Truchot, the Group’s relocation to Regency Court represents a significant investment into the wellbeing of its people and to the island, where it has operated independently since 1983.
The new offices are home to more than 130 colleagues across private wealth, corporate administration, yacht services, and pensions and employer solutions, as well as professionals working within the Group’s support functions. The move brings the Guernsey contingent together in a single floor space for the first time.
Group CEO Robert Fearis, who has been with the business in Guernsey for over 30 years, said: ‘We are delighted to have relocated our Guernsey team to a modern, open plan space that will encourage greater collaboration and productivity.
‘At the heart of Praxis is our core value ‘we succeed together’ and with all staff now working in a more unified space, we are looking forward to the next chapter, and very grateful to His Excellency for formally opening our new home.’
Praxis occupies the entire second floor at Regency Court, which features natural light from a central atrium, a wellness room, breakout areas and soundproof pods for meetings.
The move is the fifth office relocation for the Group over the past two years and is part of a rolling programme of upgrades that forms part of the transformation project the Group committed to in 2022. The past three years have seen the business pivot back to growth with ambitious plans for its operations in the UK, the Crown Dependencies, mainland Europe, the British Virgin Islands, the Middle East and Southeast Asia.