Global real estate firm chooses “sustainable” central London site for UK flagship office

A global real estate firm has chosen a new sustainable office development in central London for its new flagship UK site.

British Land has announced that JLL has signed an agreement for lease for 134,000 sq ft at 1 Broadgate for its new UK flagship office.

The building comprises 546,000 sq ft of mixed-use space, including 498,000 sq ft of workspace, 47,000 sq ft of roof terraces and 48,000 sq ft of retail and leisure space. Enabling works are already underway with demolition due to start May 2021.

JLL plans to move into its new three-floor office at of 1 Broadgate in 2025 following completion of the development,

Stephanie Hyde, UK and Ireland CEO at JLL, commented: “Throughout this unprecedented time we have worked closely with clients and our own people to develop and evolve workplace strategies. 1 Broadgate will be central to our plan as we recognise the importance that offices play in collaboration, innovation and fostering culture and wellbeing.

“Working in partnership with British Land, we have a real opportunity to achieve one of the most sustainable and technologically advanced workplaces in the UK. The campus excels in the connectivity and amenities, providing our people and clients with a vibrant, dynamic and collaborative space.

“1 Broadgate will enable us to significantly push the boundaries to enhance productivity, improve wellbeing and support a wider community through British Land’s approach to managing the Broadgate campus and its Community Framework.”

Simon Carter, CEO at British Land, added: “We are thrilled that JLL has chosen this fantastic building for its new UK flagship office. The move is a real vote of confidence in London, a further endorsement of our campus strategy, and of Broadgate’s status as a world class, mixed use destination.

“This news follows the successful delivery of 1FA, 135 Bishopsgate and, most recently, 100 Liverpool Street, and marks the start of the next phase of our Broadgate masterplan.

“Our shared ambitions with JLL, particularly around sustainability, demonstrate the true value of working in partnership with our customers to deliver best in class workplaces for the future.”

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