Flexible workspace provider Fora has entered into a management agreement with Oxford Properties to open a 43,300 sq ft workspace at the Blue Fin Building on London’s Bankside.
Fora – part of The Office Group – has taken part of level one and part of level two at the Blue Fin Building, which is owned by a joint venture between Oxford and Temasek. The workspace is scheduled to open in the autumn and the new location will be Fora’s 19th, and The Office Group’s 73rd.
Enrico Sanna, CEO of The Office Group, said: “Our workspaces are designed for those who recognise the new reality: the office is no longer just a commodity. It’s vital for collaboration, productivity and wellbeing – a place that draws employees together.
“Our workspace at the Blue Fin Building speaks directly to this need. Well-designed, in a vibrant location and with unrivalled amenities, it places employee experience at its core; it’s somewhere people will choose to be. It will be a fantastic addition to The Office Group’s expanding portfolio.
“We’re seeing demand for flexible space remain healthy and it is now considered a critical risk management tool by many businesses. Flexible space enables businesses to scale space up and down quickly, as needed, adapting to the changing needs of modern, agile teams.
“Management agreements like this represent significant growth potential and form a core part of our strategy. We’re excited to be working with Oxford Properties, a partner who understand our ethos and approach.”
Pierre Leocadio, senior vice president, head of investments – Europe at Oxford Properties, added: “We recognise that more businesses are looking for amenity-rich offices that deliver high quality space – that foster collaboration and creativity while offering flexibility. Fora is known for its high standard of design, hospitality and customer wellbeing and service, which fits perfectly with Oxford’s approach to providing workplaces that enhance the employee experience.
“This, grouped together with The Office Group’s long-standing experience in the flex market, will be complementary to Blue Fin’s offer to both new and existing customers. We are excited to partner with The Office Group and the final product will create new opportunities to attract and retain an exciting and diverse range of occupiers, to add to the energy and vitality of this first-class building.
“Located in the heart of London, occupiers will be able to enjoy flexibility, amenities and wellness, transport connectivity, panoramic views and high quality office accommodation.”
