22nd March 2016

International recruitment firm signs at L&G’s Redcliff Quay

One of Europe’s largest IT recruitment companies will be moving to Legal & General Property’s (L&G) Redcliff Quay in Bristol city centre.

SThree is taking 5,500 sq ft on the top floor of the recently refurbished office building to accommodate its growing Bristol business.

The building occupies a prominent position on Bristol’s city centre waterfront. Tenants include HSBC, Amec Foster Wheeler, DWF, Law and Haseltine Lake.

Matt Jarvis, fund manager at Legal & General Property, commented: “Legal & General Property has undertaken a considerable refurbishment of the office, upgrading cycle and shower facilities and improving the atrium to provide a coffee bar and amenity space. The result has seen an improvement in the Energy Performance Certificate and helped attract SThree to the top floor. Further investment is planned over the next few years to reposition the building to offer modern riverside offices in a prime city centre location.”

Hannah Waterhouse, associate director at JLL in Bristol, said: “We are delighted to welcome SThree to Redcliff Quay – they are a fantastic addition to an already diverse and high quality tenant mix. The building now has extended amenity space which has proven to be an attractive addition for both existing and potential tenants and we expect other landlords and developers in Bristol to follow in L&G’s footsteps.”

Alder King has been appointed as letting agents by L&G to jointly market the building alongside JLL.

Simon Price, partner at Alder King, added: “We are pleased to join JLL in letting this prestigious building as city centre supply is at its lowest level for 10 years. Occupier demand remains positive despite political and economic uncertainty and we expect good levels of interest in the last space in the building.”

Redcliff Quay has just two suites remaining of 6,900 sq ft and 4,500 sq ft. The quoting rent is £24 per square foot, with flexible lease terms and competitive incentives.