Orega to Open New Serviced Office in London
Serviced office provider Orega is set to open a new business centre in central London at High Holborn, adjacent to Chancery Lane underground station.
Orega have agreed to operate the business centre and manage the entire glass-fronted building it is located in, which offers air-conditioned offices spread across five floors. A term of 10 years has been agreed for a total of 20,000 sq ft, which Orega plans to open on 1st October.
The company will now complete a full refurbishment and re-fit of the property, to bring it in line with the high standards and subtle branding that Orega has become known for.
Zach Douglas, joint managing director of Orega, commented:
“We’ve been scouring the City, West End and Midtown markets for well-located buildings with the right sort of floorplates for our first business centre in London.
“We need as much natural light in as many of the offices as possible to give clients a bright and comfortable working environment.”
He said that the property on High Holborn fits the bill, and is in an area of high prospective demand from legal and financial occupiers, “to whom the flexibility of our offer is likely to appeal.”
Zach commented that London was the “natural next step”, having opened new centres in prestigious locations in Manchester, Birmingham and Gatwick last year.
“But we were not in a rush to move into the first available building,” he added. “Our strategy is all about developing long-term partnerships with landlords on well-conceived projects that provide a return over a 10-year period and maintain consistently high standards.
“We will continue to look for further opportunities in London to build on our presence.”
In April of this year, Orega’s Chertsey centre became the first serviced office to win officebroker.com’s Business Centre of the Month award.