July 23, 2021
Fiera Real Estate (“FRE UK”) is delighted to announce that Halo, its latest Bristol office development alongside Cubex has achieved BREEAM Outstanding accreditation for ‘Shell & Core’ and ‘Cat A Fit Out’, meeting the toughest new sustainability assessment criteria.
It has scored a record beating 90.3% and 87.4% respectively. This combined score is the second-best score to be awarded in the UK to date, and the first development outside of London to achieve it.
The 116,000 sq.ft Grade A office building is part of phase two of FRE UK and Cubex’s award winning Finzels Reach scheme in Bristol, funded by the Fiera Real Estate Opportunity Fund IV, a programmatic joint venture by FRE UK that is exclusive to clients of CBRE Global Investment Partners (CBRE GIP).
The design and build of Halo is very similar to that of the Aurora office building, part of phase one of Finzels Reach and also funded by FRE UK, which achieved BREEAM Outstanding and was recognised for its stand-out environmental and digital credentials.
At FRE UK, we recognise that our business and investment decisions impact the environment, the communities where we operate and the people we work and do business with. We incorporate ESG criteria into all stages of our investment decision making and Halo is a prime example of the consideration we put into the impact that our buildings have on the health and wellbeing of those who work there.
Features range from rooftop mounted photovoltaic panels to highly efficient LED lighting, rooftop leisure spaces to a bike park and glazed façade to maximise views and daylight. The building is also part of a vibrant, established neighbourhood and will prioritise the wellbeing of those who work there, ensuring a healthier, happier and ultimately more productive workforce.
In addition to its stand-out environmental credentials, the future-focused building will also feature cutting-edge digital connectivity – recognised with the highest ‘Wired’ Platinum score. The prioritisation of the wellbeing of its future occupants Osborne Clark has also achieved it a WELL Certification, one of the first buildings in the UK to do so.
The Grade A office building will cater for around 1,000 staff once complete in early 2022, with international legal firm Osborne Clarke having already agreed a pre-let to take two thirds of the space.
At FRE UK, in order to meet our commitments and reach our targets, we know that a strong collaborative approach is necessary. Our ESG strategy therefore places strong emphasis on working collectively with third parties, for Halo our operating partner Cubex and occupants Osborne Clark, to ensure ESG agendas are met and ongoing progress is made.
We strive to deliver our investor base and our occupiers resilient portfolios that positively and responsibly impact the wellbeing of our planet, people and communities.