Teleperformance, a global customer service outsourcing company, has more than doubled its office space at Spectrum Bristol in one of the largest office letting deals in the city centre last year.
Property consultancy JLL in Bristol brokered the deal working with V7 as the asset managers on behalf of the owners Affinity Global Real Estate.
Spectrum Bristol is one of the city’s most prominent and distinctive office buildings fronting Bond Street and located opposite Cabot Circus.
Teleperformance currently has over 500 employees in Bristol, who are based across both Spectrum Bristol and a site in Moon Street. The expanded office space at Spectrum will be used to provide further quality space for its growing customer operations whilst being the UK registered office and home to its head office functions including finance, IT, risk, HR and business development
The firm has taken a further 15,190 sq ft in the building and re-geared its existing lease of 10,000 sq ft. Combined, this represents one of the largest deals of 2018 in the Bristol city centre office lettings market.
Since buying the building three years ago, the landlord has invested heavily in refurbishing the space.
Robert Whitton, chief executive of Affinity Global Real Estate, the landlord of Spectrum Bristol, said: “In a market where demand for high quality offices is continually outstripping supply, the refurbishment of Spectrum Bristol has helped to deliver much-needed modern, flexible workspace. It’s excellent news that Teleperformance has decided to invest in expanding its offices at Spectrum Bristol, representing a sign of confidence in the city.”
Hannah Waterhouse, director at JLL in Bristol, said: “This latest letting means the entire ground floor of Spectrum Bristol is now let and the landlord can now push the button on the refurbishment of the last remaining floor.”