Property consultancy takes 26,000 sq. ft in high quality “BREEAM Excellent” office space
Property lawyers at national law firm Irwin Mitchell have advised property consultancy Gerald Eve on its new lease for 26,000 sq. ft at One Fitzroy, London W1 – as the property consultancy upgrades its office space and accelerates its sustainability commitments.
Gerald Eve will move into newly fitted out offices across the first and part of the second floor at the building. One Fitzroy is shared with Estée Lauder and Gerson Lerhman Group (GLG).
One Fitzroy is a high-quality office building that is rated BREEAM Excellent and achieves a FitWel rating of 2 stars. It includes extensive facilities to encourage sustainable commuting, including cycling facilities and luxury changing rooms. One Fitzroy has a mix of spaces to facilitate flexible and collaborative working, including a client suite and entertaining spaces well suited to the reintroduction of in-person events following the pandemic. The building is prominently located on the corner of Mortimer Street and Cleveland Street and is close to both Goodge Street and Tottenham Court Road stations, with direct access to the newly opened Elizabeth Line.
Gerald Eve is undertaking a sustainable fit out, saving 100 tonnes of CO2 and reducing embodied carbon by 26% by retaining elements of the existing office space, with all waste being diverted from landfill.
The consultancy’s office move comes at the same time as an updated commitment to sustainability. Gerald Eve has pledged to be carbon neutral from this financial year, and carbon negative from the 2027/28 financial year – three years ahead of its original plan.
Simon Prichard, Senior Partner at Gerald Eve, said: “In addition to reflecting our ESG ambitions, our new office space is linked to our continued growth and our desire to provide a contemporary, healthy, flexible and market-leading working environment for our expanding team. We look forward to welcoming our staff and our clients to our new office in the coming weeks.”
The Irwin Mitchell team was led by Gurpreet Hayer, Senior Associate in the property team who said, “We are pleased to have advised Gerald Eve on its prestigious new office location. Our client’s move to this high quality and innovative building, with exceptional ESG credentials, will undoubtedly promote health and wellbeing, amenity and sustainability in the new office space.”
Gurpreet Hayer and Ben Gildea, a senior associate in the property team, also advised Gerald Eve on the exit from their premises at Welbeck Street.
Fitzroy Place is owned by Ashby Capital and Aviva Investors. Gerald Eve represented itself and Colliers represented Estée Lauder.