Construction & Commercial Property News

Insurance brokers Brunel Professions move to Bristol's 3 Temple Quay

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Written by: Hannah Baker | Posted 27 February 2019 16:24

Insurance brokers Brunel Professions move to Bristol's 3 Temple Quay

Insurance brokers Brunel Professions are moving into office space at 3 Temple Quay.

The 10-year lease at the landmark office building was secured by property investors M&G Real Estate.

Part of the Brunel Group, Brunel Professions was established in 2005 in Bristol.

Sam Jones, associate director at M&G Real Estate, said: "3 Temple Quay is widely regarded as one of the landmark office buildings in Bristol and has been improved greatly with the recent works undertaken to the reception and common areas.

"With the current undersupply of Grade A accommodation in the city, we are seeing a clear and continued fight for and flight to quality.

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"We are pleased to have secured this letting ahead of our underwritten position and to add to our already strong tenant line up with the addition of Brunel.”

The 3 Temple Quay building has  a range of occupiers including lawyers, creative businesses and banks.

This latest deal typifies the favourable market conditions reported in M&G Real Estate’s latest UK Outlook research.

The paper highlights the combination of restricted supply and healthy demand in regional Grade A offices driving continued rental growth despite economic headwinds.

 

 

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