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FI Real Estate Management announces £7.5m transformation of 1 Newbridge Square

FI Real Estate Management has announced that work will commence next month on its £7.5m  transformation of 1 Newbridge Square in Swindon, with a major focus on wellness and ESG.

The multi-million-pound project forms part of the wider £1 billion regeneration of Swindon, and is being led by Dominic Knowles, on behalf of FI Estate Management, with a strong emphasis on sustainable design and occupier wellness.

As one of the UK’s most established names in commercial asset and property management, FI Real Estate Management operates an extensive and diverse portfolio which covers over 15m sq ft, including 5m sq ft of new build developments, across the nation, with assets totalling in excess £1.2bn.

1 Newbridge Square will create a total of 100,000 sq ft of high-quality grade A office space, with flexible floorplates available up to 24,000 sq ft. Work is due to be completed by the end of 2023.

The scheme will see the former home of Zurich Insurance transformed into a modern business address with contemporary, Grade A office and retail space, effectively designed with a user-centred approach – regenerating Swindon’s business district with a full focus on wellness, ESG and a future-proof vision.

The project’s environmental credentials include targets of EPC A, BREEAM Excellent and Net Zero Carbon, through implementation of an environmental management system which minimises onsite energy usage, and specification of materials and products which have a low-carbon impact.

Occupier amenities will include fitness and gym facilities; cycle and scooter provisions; EV charging points; parking spaces; on-site retail and a business lounge.

Dominic Knowles, Head of Offices at FI Estate Management, commented: “We believe 1 Newbridge Square is a workspace experience never seen before in Swindon – a building that is not just moving with the trends, it’s leading them.

“It’s really exciting to be part of the billion-pound regeneration that’s transforming Swindon for everyone who works and lives here.”

Cushman & Wakefield, Loveday, and Smethurst are acting as joint agents for the office space.

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Notes to editors

Notes to editors FI Real Estate Management: Founded by Tim Knowles, FI Real Estate Management (FIREM) has over 40 years’ experience of providing workspace, asset and property management and creating development opportunities for its diverse investment portfolio, which includes industrial, office, retail and residential sectors. FIREM now manages assets totalling more than £1.2bn. FI Construction focuses on creating places of quality and distinction, with an approach defined by a commitment to excellence. Its team specialises in large-scale industrial, residential and mixed-use developments, using their planning experience to bring together a strong supply chain of consultants and contractors to deliver projects of every type and size. As a responsible developer, FIREM works closely with its partners, communities and authorities to ensure a cohesive approach is taken to all of its projects.

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