Brookfield signs Instant at 100 Bishopsgate

Brookfield Properties has signed managed office provider the Instant Group at 100 Bishopsgate, EC2. Instant will provide 11,000 sq ft at the flagship tower. The space will aim to cater to companies of all sizes. Findings from the workspace provider showed 53% of UK landlords see occupiers increasingly opting for all-inclusive, fixed costs for their office space, with 47% valuing shorter leases. Martin Wallace, head of leasing at Brookfield, said: “The provision of a managed office solution in the building demonstrates the diversity of solutions at 100 Bishopsgate, and underlines Brookfield’s position as a landlord constantly fielding innovative solutions for our customers.” Tim Rodber, chief executive of the Instant Group, said: “Our appointment by Brookfield Properties at 100 Bishopsgate will meet a growing market requirement amongst companies both growing their footprint and transitioning to higher quality offices in a strong amenity-rich location. “Managed offices sit perfectly between a conventional office lease and serviced space, with a fixed all-inclusive cost. Occupiers benefit from high-quality fit-out, on-site services and the ability to move in almost immediately in a manner that aligns with hybrid working strategies.” Occupiers at 100 Bishopsgate include law firms Freshfields, Pillsbury Winthrop Shaw Pittman, Winston & Strawn, Paul Hastings, Fried Frank and Cadwalader Wickersham & Taft. The line-up also includes Royal Bank of Canada and Jefferies. Image © Jason Hawkes