The Standard Life Investments Heritage With Profits Fund has completed separate deals with supercomputer company Cray UK Limited and the online food ordering service JUST EAT to take over 18,000 sq ft of space at Broad Quay House on Prince Street, Bristol.
JUST EAT, the world’s leading online takeaway ordering service, has signed a ten-year lease for the 10,057 sq ft second floor which they will occupy from early June. The new office space will house the company’s Technology Innovation Hub, with JUST EAT being attracted to Bristol’s strong demographic for this area of operations.
Cray UK Limited, a global leader in supercomputing, has signed a five-year lease for the 8,000 sq ft ground floor, following a deal late last year with the UK Met Office to help advance their world-leading weather and climate services.
Will Fulton, Fund Manager, Standard Life Investments Heritage With Profits Fund commented: “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.”
Carlos Morgado, CTO of JUST EAT commented: “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 the 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.”
Jones Lang LaSalle and DTZ advised Standard Life Investments, Martin Levy Commercial advised Cray and GVA advised JUST EAT.