Standard Life Investments completes twin Bristol Deals

Posted on 3 June, 2015 by Neil Bird

The Standard Life Investments Heritage With Profits Fund has secured deals with supercomputer company Cray UK Ltd and online food ordering service JUST EAT, to take a combined total of 18,000 sq ft at Bristol’s Broad Quay House.

Standard-Life-Investments-completes-twin-Bristol-Deals

Cray UK, a global leader in supercomputing, has signed a five-year lease for the 8,000 sq ft ground floor of the Prince Street property, following a deal with the UK Met Office to help advance their weather and climate services.

JUST EAT, the world’s leading online takeaway ordering service, has signed a ten-year lease on the 10,057 sq ft second floor, which they will occupy from early June.

The new office space will accommodate JUST EAT’s Technology Innovation Hub, after Bristol’s strong tech sector talent pool impressed the company.

CTO Carlos Morgado said: “Technology and innovation is at the heart of JUST EAT and our success in recruiting exceptional talent in the city over the past year has given us confidence to establish a permanent residence here.

“With JUST EAT’s new Technology Innovation Hub in Bristol, providing space for almost 100 engineers, we are excited to have access to the brilliant pool of tech talent based throughout the South West.”

Commenting on the twin lettings, Will Fulton, Fund Manager at Standard Life Investments, said: “We’re delighted to welcome JUST EAT and Cray as our latest tenants at Broad Quay House.

“As one of the top six regional markets in the UK, Bristol continues to be a key location for companies to do business, and these lettings clearly demonstrate the strong draw of the city and appetite for quality office space amongst leading businesses.”

Jones Lang LaSalle and DTZ advised Standard Life investments, while Martin Levy Commercial advised Cray and GVA advised JUST EAT.




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