Gerald Eve takes space at Estée Lauder’s HQ
Gerald Eve has taken 26,000 sq ft at 1 Fitzroy Place, W1, as it upgrades its office space and accelerates its sustainability commitments.
The agent will move into the newly fitted-out offices across the first and part of the second floor of the building, which is also Estée Lauder’s UK HQ.
The building forms part of Fitzroy Place, which is owned by AshbyCapital and Aviva Investors.
Gerald Eve has taken 26,000 sq ft at 1 Fitzroy Place, W1, as it upgrades its office space and accelerates its sustainability commitments.
The agent will move into the newly fitted-out offices across the first and part of the second floor of the building, which is also Estée Lauder’s UK HQ.
The building forms part of Fitzroy Place, which is owned by AshbyCapital and Aviva Investors.
The move comes as Gerald Eve makes a greater commitment to sustainability, pledging to be carbon neutral from this financial year, and carbon negative from the 2027/28 financial year. The new timetable puts it three years ahead of its original plan.
Senior partner Simon Prichard said: “With our focus on placing sustainability at the centre of everything we do with our clients, it is appropriate that we are moving to a more environmentally friendly office space, fitting it out sustainably, and accelerating our commitments to become carbon neutral and, in time, carbon negative.”
One Fitzroy, on the corner of Mortimer Street and Cleveland Street, is rated BREEAM Excellent and has a two-star Fitwel rating. 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.
Prichard added: “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.”
It follows a record-breaking financial year for the consultant, which saw it achieve turnover of £92.5m.
Gerald Eve represented itself, with legal advice from Irwin Mitchell. Colliers represented Estée Lauder.
To send feedback, e-mail piers.wehner@eg.co.uk or tweet @PiersWehner or @EGPropertyNews
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