- UK flexible workspace operator Orega has secured over 15,000 sq ft in Central London.
- The office space at 20 Old Bailey has been agreed on a 10-year management agreement with Barings.
- This is Orega’s fifth serviced office centre in the capital.
Orega has secured another deal for over 15,000 sq ft of serviced office space at 20 Old Bailey, London.
Serviced office provider Orega adds to its portfolio by securing a deal in 20 Old Bailey, partnering with Barings on a 10-year management agreement on the part fifth floor.
The 15,564 sq ft deal establishes a fifth London offering for Orega, joining other popular locations in Gracechurch Street, Chancery Lane, High Holborn and Canary Wharf. Orega’s new offering reflects the increasing demand for serviced and flexible office space in London.
Situated in a vibrant location in the City with extensive transport connections nearby, 20 Old Bailey impresses with a contemporary, modern fit-out. The business centre features high-quality serviced offices, well-equipped meeting rooms and relaxing breakout spaces.
Zach Douglas, CEO at Orega, said, “We are extremely excited to be partnering with Barings to deliver a first-class business centre at 20 Old Bailey.
“Demand for high quality and flexible workspace in London is increasing and this address, opposite England’s Grade II* listed Central Court on Old Bailey, is a great location to launch the relationship with our partner.”