HB Reavis launches its plug and play workspace at Elizabeth House, Waterloo

International workspace provider HB Reavis has successfully launched its first plug and play offering, which has been fully let to high growth companies Cera Care and Exponea. HB Reavis designed and delivered the fully fitted out space with communal collaboration and meeting spaces in order to provide flexible office accommodation to growing businesses in a great location.

Cera Care, a  technology-enabled domiciliary  care  company and  Exponea,  an  AI  experience  cloud  which  empowers  online  retailers, had  both  outgrown  their  previous  offices  in  Shoreditch  and  Clerkenwell,  and were  looking  to  expand  their  businesses. HB Reavis worked closely with the two technology-focussed firms, which have moved from previous offices in Shoreditch and Clerkenwell, to create a new ‘plug and play’ space.  This allowed the firms to quickly occupy the workspace, express their own identity, and take advantage of a shared collaboration area. Cera Care and Exponea moved into the 4^th Floor at Elizabeth House in July. They will benefit from a well located building, directly next to Waterloo Station, the UK’s busiest train station, and a stone’s throw away from the cultural hub of the South Bank and newly opened independent retail at Leake Street Arches.

Steven Skinner, Transactions Director of HB Reavis UK, commented:  “Often lease inflexibility, the high initial cost and complexity to procure fit out is prohibitive for fast growing companies in occupying a high quality, collaborative working environment. Our offering at the 4^th Floor – Elizabeth House responds to the changing needs of such companies. As we continue to develop our proposals for the redevelopment of Elizabeth House, we are very excited to launch this workspace and to welcome both Cera Care and Exponea to the building.”

Elizabeth House, Waterloo is a strategically important site, acquired by HB Reavis in May 2017 with planning permission for a circa 945,000 sq ft mixed use development. HB Reavis has since appointed Stirling Prize-winning architects AHMM as design partner to create a new London landmark which sets out to include world-class workspace as well as huge public realm improvements.

HB Reavis’ London development programme also includes:

• 33 Central, a 226,000 sq ft new build office on King William Street in the City featuring a third-acre roof top garden. The building completed in December 2017 and was sold to Wells Fargo.
• 85,000 sq ft of office space at 20 Farringdon Street, which was completed in April 2018.
• Cooper & Southwark, a 78,000 sq ft office building at 61 Southwark Street, which was completed and let to real estate advisor CBRE’s Global Workspace Solution division in April 2018 and sold in June 2018.