First letting announced at landmark Bristol office scheme
The first letting has been announced at a prestigious office building in the centre of Bristol’s business district.
CBRE Investment Management has signed the first leasing agreement at One Hundred on Victoria Street with RSA Insurance.
RSA Insurance has signed for 7,668 sq ft of office space on the sixth floor of the building, which has recently been redeveloped by CBRE Investment Management.
One Hundred offers 57,465 sq ft of office space, having undergone a complete redevelopment that enlarged the existing 34,000 sq ft building and placed energy efficiency and wellness at the heart of its design.
One Hundred is situated in a prominent location on the corner of Victoria Street and Temple Way, in the heart of Bristol’s Temple Meads office district and within five minutes’ walk of Temple Meads Station.
Alix Mills, senior director at CBRE IM, said: “We welcome RSA Insurance to One Hundred, whose decision to call the building home demonstrates the success of our ambitious vision to create an inspiring working environment and long-term sustainable future for the building.
“The Bristol office market has experienced prime rental growth of 13 per cent since the end of 2019, and this growth is expected to continue.
“We look forward to capitalising on such strong demand for high quality office space by welcoming further occupiers to One Hundred in due course.”
Deena Hemming, trading director – South at RSA Insurance, added: “Premium quality, flexible and modern office space, which One Hundred Victoria brilliantly showcases, is not only beneficial to our people, but also helps us improve service, trade better and create stronger relationships with our broking partners.
“It’s our ambition to become the best Commercial and Specialty lines insurer in the UK by the end of next year, ultimately brokers will decide if we achieve this and leading office facilities is one of the many tools that can help us towards this goal.”
The Development Manager for One Hundred was V7. Knight Frank represented CBRE IM and Spring4 advised RSA.
