Triodos Bank has announced the purchase of its UK head office on Deanery Road in the centre of Bristol. The sustainable banking specialists have bought the 30,494 sq ft Grade A premises from their current landlords, UK & European Investments, for £11 million.
Triodos Bank moved into the premises in February 2012. The building was part of UK & European Investments` award winning mixed use development, including the Environment Agency offices in Deanery Road.
As well as the head office, Triodos Bank’s investment includes the property at 1 St George’s Rd, home to award winning sustainability communications agency 375 and their innovative event space OpenSpace.
Triodos Bank Managing Director Charles Middleton said: “We’re delighted to have secured the purchase of our offices. The building is an ideal home for Triodos Bank and reflects our values and ethos. It not only meets exceptionally high environmental standards, but we’ve made sure the space reflects our approach to business, sustainable materials and showcasing the work of local artists and craftspeople. Buying the property cements our commitment to our Bristol location for the long-term and gives us greater flexibility with the space and a solid asset for the future.”
John Stacey, Asset Management Director for UK & European Investments said: “Our long-term strategy in the UK is to pro-actively manage our investment portfolio and to pursue opportunities to maximize value and returns. We see this transaction as a strategic sale of an asset where the business plan has been successfully implemented, at a time when there is significant demand for UK Regional Office Investments. The business will continue to focus on new investment and value-add opportunities in key towns and cities throughout the UK and Europe in line with wider longer term investment strategy.”
TLT/Burges Salmon acted as legal advisors and GVA/JLL were commercial property advisors on the deal.
Like our Facebook Page
How to Find an Eco-Friendly Termite Control Service Provider in Malaysia
Eco-Friendly Vegans Win Most Battles Not the War
3 Iconic Chicago Billboards Eco-Friendly Advertisers Can Learn from
EnviroSolar’s Abe Issa Discusses Success in Green Entrepreneurship
How Sports Could Be Impacted by Climate Change
What Eco-Friendly Patients Should Know about Online Therapy
6 Reasons Why Meal Delivery Services are Eco-Friendly
The Path for Retail’s Sustainable Future
4 Eco-Friendly Ways to Treat a Sinus Infection
4 Strategies for Eco-Friendly Real Estate Investors to Find Properties
How Managed Print Services Helps to Reduce Paper Waste
Why Scientists Are Concerned About ‘Forever Chemicals’ In Drinking Water
Meat Farming Is Only Getting Smarter, Easier & Eco-Friendlier
What is Eco-Friendly Homesteading and How Does it Affect Your Insurance?
Importance of Using a Water Purifier in an Area with High Pollution
Alternative Financing Ideas for Green Businesses that Shun Banks
Tencel Material Demand Shows Britain Is More Eco-Friendlier Than Ireland
How To Invest in Clean Energy Stocks in Only Five Easy Steps!
How To Secure Funding As An Eco-Entrepreneur?
4 Amazing Eco-Friendly Businesses Worth Starting in 2021
- Features8 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy9 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features8 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest10 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years