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Bristol office rents soar as firms relocate to top-quality space with strong environmental credentials

January 17, 2025
Bristol office rents soar as firms relocate to top-quality space with strong environmental credentials

Professional services and tech firms moving into high-quality buildings that reflect their ethical values helped push office rents in Bristol to a new high last year while increasing pressure on a dwindling supply of A grade space. Property agents in the city say occupiers are increasingly willing to pay...

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Malaysian conglomerate pledges £2bn to realise its ambitions for ‘transformational’ Brabazon scheme

January 17, 2025
Malaysian conglomerate pledges £2bn to realise its ambitions for ‘transformational’ Brabazon scheme

Bristol’s Brabazon development area has been hailed as “a rare opportunity to reimagine how best to live, work and play in today’s world” as its Malaysian owner officially pledged a £2bn investment in the site. Executive chairman of YTL Group Francis Yeoh Sock Ping said the scheme, pictured, on...

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Government commits more funds to region’s burgeoning creative sector under new industry plan

January 17, 2025
Government commits more funds to region’s burgeoning creative sector under new industry plan

The West of England was today named as a priority region for the creative industries by the government as it looks to ‘turbocharge’ economic growth by building on the UK’s world-leading role in the sector. The region is one of 11 which will receive investment from a new £60m...

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South West property awards that champion the sector’s sustainability and innovation return for 22nd year

January 17, 2025
South West property awards that champion the sector’s sustainability and innovation return for 22nd year

Law firm Michelmores has launched its prestigious 2025 Property Awards, marking 22 years of celebrating the best property, development and construction projects across the South West. The awards have long-championed sustainability and innovation by placing social, environmental, sustainable and economic values at the heart of the judging criteria.  Bristol,...

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Bristol R&D hub plan scrapped by Dyson as city-based staff ordered to work from its Wiltshire HQ

January 17, 2025
Bristol R&D hub plan scrapped by Dyson as city-based staff ordered to work from its Wiltshire HQ

Engineering giant Dyson has abandoned plans to open a £100m research and development hub in Bristol and has told all its staff already based in the city they must now work from its UK headquarters in Wiltshire nearly 30-miles away. The firm, best known for its vacuum cleaners, said...

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Loungers bidder looking to buy off sceptical investors with ‘increased and final offer’ for group

January 16, 2025
Loungers bidder looking to buy off sceptical investors with ‘increased and final offer’ for group

The US private equity firm hoping to acquire Bristol-based café/bar chain Loungers has made an ‘increased and final offer’ for the highly successful group after a number of shareholders threatened to vote against its initial £338m bid. Fortress Investment Group’s all-cash offer was accepted by Loungers’ board and a...

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2024 proves record-breaking year for Shakespeare Martineau’s Bristol corporate and banking team

January 16, 2025
2024 proves record-breaking year for Shakespeare Martineau’s Bristol corporate and banking team

National law firm Shakespeare Martineau’s Bristol corporate and banking team notched up a best-ever £259m-worth of deals last year, supporting a record-breaking £6.6bn across the whole of the UK. Among the team’s notable transactions in the region was supporting specialist lender Black & White Bridging to secure a new funding...

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STEM students encouraged to look at careers in IP under new Withers & Rogers work experience scheme

January 16, 2025
STEM students encouraged to look at careers in IP under new Withers & Rogers work experience scheme

European intellectual property (IP) firm Withers & Rogers is to encourage more science, technology, engineering and maths students to embark on a career in IP by extending its support for an international internship scheme. The firm is to offer the 10-week, immersive work experience opportunities in its Bristol office...

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Former PwC director joins Bishop Fleming to strengthen its audit practice ahead of more expansion

January 16, 2025
Former PwC director joins Bishop Fleming to strengthen its audit practice ahead of more expansion

Regional audit, accountancy, tax and advisory firm Bishop Fleming, which has the largest of its eight offices in Bristol, has appointed a former long-standing PwC director as a partner in its audit practice. The firm said Stephen Patey’s arrival highlighted its commitment to growing its service offering across the...

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