Orega to create 36,000 sq ft of flex space at the City’s Willis Building
Flex operator Orega has signed a management agreement with Willis Towers Watson to create 36,000 sq ft of workspace in the City of London.
The company will provide workspace on the sixth and seventh floors of the Norman Foster-designed, 27-storey 51 Lime Street, EC3, also known as the Willis Building, which is opposite the Lloyd’s Building.
Orega’s premises, which are set to open at the end of 2023, will also include a bookable auditorium, restaurant, terrace, meeting rooms and event space.
Flex operator Orega has signed a management agreement with Willis Towers Watson to create 36,000 sq ft of workspace in the City of London.
The company will provide workspace on the sixth and seventh floors of the Norman Foster-designed, 27-storey 51 Lime Street, EC3, also known as the Willis Building, which is opposite the Lloyd’s Building.
Orega’s premises, which are set to open at the end of 2023, will also include a bookable auditorium, restaurant, terrace, meeting rooms and event space.
Lime Street is the seventh flexible workspace in London and the third in the City for the company, which operates 26 flex locations across the UK.
Ben Hutchen, real estate director at Orega, said: “By offering our joint venture management agreement, Orega provides a forward-thinking disposal solution to corporates that may be looking to repurpose their excess space following changes in working patterns.
“This is essential when brand retention and potential reoccupation are important considerations. As a result, more and more large occupiers are considering this route.”
WTW was advised by BNP Paribas Real Estate and Colliers.
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Main photo © Robert Stump/Unsplash
Second photo courtesy of Karen Roberts Communications
