Cushman & Wakefield, together with Alder King, have announced that Mapletree Investments Pte Ltd, a Singapore-headquartered real estate development, investment and capital management company, has secured Ultrahaptics, a pioneering technology company, to double its leased space at One Glass Wharf in Bristol to support its rapid growth.
With the completion of the new letting, One Glass Wharf, an office building wholly-owned by a Mapletree group company, will be 100% occupied.
Cushman & Wakefield and Alder King are acting on behalf of Mapletree.
One Glass Wharf is a landmark six-level office building located within the Bristol Temple Quarter Enterprise Zone and in close proximity to the Temple Meads Station, an area which has become a key office location in Bristol.
Mr Chua Tiow Chye, Mapletree’s Deputy Group Chief Executive Officer, said: “We are happy to support our tenants, such as Ultrahaptics in their expansion plans and to capture business opportunities. Our strong relationships with tenants enhance our insights into their business needs, allowing us to provide effective space solutions to optimise value and flexibility. We will continue to support the vision and ambitions of Ultrahaptics.”
Ultrahaptics, a technology firm which creates tactile sensations using ultrasound to create virtual buttons, switches and 3D shapes that can be felt in mid-air, will now work out of 14,000 sq ft of Grade A office space at One Glass Wharf.
Steve Cliffe, Chief Executive Officer of Ultrahaptics added: “One Glass Wharf has made an excellent home for Ultrahaptics, being just across the water from the Temple Meads Station and at the heart of a growing hub of commercial and technology activity in Bristol. Mapletree and its joint letting team of Cushman & Wakefield and Alder King have supported us since we first moved in less than a year ago, and continue to support us as we quickly expand.”
Phil Moore, Associate in Cushman & Wakefield’s Office agency team in Bristol commented: “We are delighted to have helped facilitate Ultrahaptics’ growth within Bristol and the expansion cements the city’s reputation and growing importance as a technology hub.”