AXA IM Alts completes 28,000 sq ft Building B at Assembly Bristol and agrees first letting to Knight Frank

- Delivery of building B marks the completion of the c. 320,000 sq ft Assembly Bristol project. -
- c.4,500 sq ft let to Knight Frank. -

AXA IM Alts, a global leader in alternative investments and AXA Investment Managers’ alternative business unit, with €184 billion of assets under management^[1], has completed the final phase of its Assembly Bristol project with the practical completion of Assembly Bristol’s Building B.

Building B delivers 28,000 sq ft of Grade A office space targeting BREEAM Excellent accreditation across six storeys in the centre of Bristol. AXA IM Alts has let one storey of Building B, totalling c.4,500 sq ft, to leading global property adviser Knight Frank, with a further c.23,000 sq ft available.

Building B has been designed to cater to the evolving demands of occupiers by focusing on sustainability, wellbeing and community. With its efficient design and unique location, directly facing the newly developed public waterside park and Floating Harbour, the building offers extensive occupier amenity with an impressive reception area, flexible ground floor space, Smart Spaces app and ultrafast broadband, alongside cycle storage, showers, changing rooms and lockers.

The completion of Building B follows the delivery of the 90,000 sq ft Building C in February 2024 and the 200,000 sq ft Building A in 2021. Building C has already attracted its first occupiers, Clarke Willmott LLP and Nordic Semiconductor, who join a community of businesses at Assembly Bristol including BT, which has fully occupied Building A as its South West Hub.

Assembly Bristol is a flagship mixed-use regeneration scheme comprising 320,000 sq ft of flexible and smart workspace across three buildings, as well as cafés and public space. The scheme is located at the heart of Bristol’s well-connected urban centre, providing a short walk to Temple Meads Station, Cabot Circus shopping district, and the Floating Harbour.

Rob Samuel, UK Head of Development at AXA IM Alts, commented: “The delivery of Building B marks the completion of the Assembly Bristol scheme, which provides occupiers with best-in-class workspace and extensive public realm in the centre of Bristol. The excellent amenities and sustainability credentials align with how businesses want to work. The scheme has already attracted a diverse tenant mix, with over 80,000 sq ft of prime office space immediately available for businesses seeking to benefit from Bristol’s dynamic ecosystem.”

Assembly Bristol has been developed by AXA IM Alts, on behalf of clients, with Bell Hammer acting as delivery partner.

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1 Source: AXA IM Alts data (unaudited) as of 31 March 2024.

About Assembly Bristol
Assembly is where it all comes together. Prime waterfront position and city centre location. Beautiful landscaping and abundant outdoor spaces. Fresh perspectives and stunning rooftop views. Flexible floorplates and natural light. Sustainable design and genuine wellbeing focus. A vibrant community and a connected future. It’s a truly unique workplace for the city, made for the people and made for Bristol.
www.assemblybristol.com

About AXA IM Alts
AXA IM Alts is a global leader in alternative investments with €184 billion of assets under management^[1] comprising over €82 billion of primarily private real estate, c.€90 billion of private debt and alternative credit, as well as c. €12 billion in Infrastructure equity and private equity. We take a 360° approach to real estate & infrastructure investing with over €128 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms. ESG is fully integrated into our investment decision making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow. AXA IM Alts employs 840+ people located in 15 offices around the world and serves the needs of more than 600 clients from Europe, North America, Asia Pacific and Middle East. We are the number one property portfolio and asset manager in Europe^[2], and one of the largest worldwide. AXA IM Alts is a business unit of AXA Investment Managers.
1 Source: AXA IM Alts data (unaudited) as of 31 March 2024.          
2 Highest-ranked European Real Estate Manager in IPE’s Global Top 150 Real Estate Investment Managers, based on total value of real estate assets under management, November/December 2023.

About AXA Investment Managers
AXA Investment Managers (AXA IM) is a leading global asset manager offering a diverse range of global investment opportunities in both alternative and traditional asset classes. Through our products we aim to diversify and grow portfolios, while delivering long-term investment performance and value for clients.
AXA IM manages approximately €859 billion in assets*, and has €480 billion of ESG-integrated, sustainable or impact assets**. Our purpose is to act for human progress by investing for what matters. As a responsible asset manager, we are committed to integrating ESG principles across our business, from stock selection to our corporate actions and culture.
Part of the AXA Group, a worldwide leader in insurance and asset management, AXA IM employs over 2,800 employees and operates from 23 offices in 18 countries globally**.
*As at the end of March 2024, including non-consolidated entities.
** As at the end of December 2023.
Visit our websites https://alts.axa-im.com and www.axa-im.com  
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