The Paragon, Lothbury Property Trust’s six storey, 75,000 sq ft office property in Bristol has been awarded the highest score for a multi-tenant building by Fitwel, the building certification focused on supporting healthier workplace environments and improving occupant health, wellbeing and productivity.
The Paragon, which is located on Victoria Street, Redcliffe, is host to around 350 people over six floors, comprising ground floor retail and offices. The building successfully scored 106 points out of 144, achieving a 2 Star Fitwel Certification, winning the award for the highest score within all Multi-Tenant Base Building assessments globally at the Best in Building Health Awards.
Administered by the Center for Active Design, Fitwel is a building certification focused on promoting healthy buildings and communities in a vision for a healthier future.
Alexander Steel, ESG Manager for Lothbury Investment Management Limited, advisors to Lothbury Property Trust, said: “We are delighted to have won this Fitwel award, which demonstrates the highly sustainable credentials of the building within our portfolio.”
“Lothbury is committed to investing, managing and developing sustainable property, including the improvement in health and wellbeing performance. We are continually looking at ways to be more sustainable at both a corporate and fund level. We aim to achieve our sustainability objectives by improving core portfolio assets, like The Paragon, responsibly developing building and construction projects and by assessing the merits of all future acquisitions. Improvements are sought to increase efficiencies within our real estate portfolios to address the environmental challenges we face, including climate change, as we progress on a pathway towards net zero carbon.”
At the property, cycling is strongly supported through abundant bicycle storage, shower facilities and repair services, promoting a healthy lifestyle and sustainable means of transportation for occupants.
In addition, measures such as standing desks, signage at lift call points to encourage stair use and weekly fresh fruit delivery are examples of how the building allows occupants to incorporate healthy choices on a daily basis. Building users also benefit from conveniently located water bottle refilling stations, excellent levels of natural daylight with operable shading and high air quality throughout.
“The Paragon has realised a significant achievement as the highest-scoring Fitwel v2.1 Multi-Tenant Base Building project to date, earning it recognition as a 2020 Best in Building Health award winner,” said Joanna Frank, President and CEO at the Center for Active Design. “As the first firm to achieve Fitwel certification in Bristol, Lothbury Investment Management stands out as a leader in prioritising the health of their occupants.”
The building previously achieved BREEAM New Construction ‘Excellent’ Certification in 2008.
This is the website of Lothbury Investment Management Limited of 1 Angel Lane, London, EC4R 3AB, United Kingdom, a company registered in England with registered number 04185370. Lothbury Investment Management Limited (or “LIM”) is authorised and regulated by the Financial Conduct Authority in the United Kingdom.
Lothbury Investment Management Limited is the manager of the Lothbury Property Trust ("LPT") and the Lothbury Global Feeder LP ("LGF") (together, the “Funds”). LPT is a sub-fund of the Lothbury Global Institutional Funds, which is regulated by the Central Bank of Ireland. LGF was established as a limited partnership in Jersey under the Limited Partnerships (Jersey) Law 1994 through the filing of a declaration of limited partnership. The Funds are alternative investment funds (“AIFs”) for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (the “Directive”). LIM has been appointed and acts as alternative investment fund manager (“AIFM”) in respect of the AIFs. For these purposes, LIM is authorised and regulated in the United Kingdom by the Financial Conduct Authority for the purposes of managing unauthorised AIFs (and for various other activities). The Funds are also unregulated collective investment schemes for the purposes of the United Kingdom Financial Services and Markets Act 2000 (the “Act”).
Certain jurisdictions may restrict by law access by their residents or nationals to the information on this website. The contents of this website are not intended to be accessed by, distributed to or used by residents or nationals of such jurisdictions. It is the responsibility of any person accessing this website to satisfy itself that its use of the website complies with the laws of any relevant jurisdiction. Under United Kingdom legislation, the promotion of units in the Funds by LIM is restricted by section 238 of the Act. The promotion of units by the Funds themselves or, in the case of LPT, by its trustees in the UK is restricted by section 21 of the Act. Accordingly, the information on this part of the website is directed only at and should only be acted on by:
The purpose of this website is to provide general information about Lothbury Investment Management Limited and the Funds. The Funds and Lothbury Global Feeder Limited but not any investors in these entities are clients of Lothbury Investment Management Limited. Nothing on this website is investment, tax or legal advice, nor is anything on this website a placement or offering to buy or sell units or any other investment. Tax treatment depends on individual circumstances and may be subject to change in the future. You should take your own independent investment, tax and legal advice as you think fit.
Please be aware that ultimately interests in the Funds may only be acquired by professional investors. A professional investor, for the purposes of LGF, is every investor that is considered, or may be treated, based on a request to LIM (as the AIFM), as a professional client or an eligible counterparty as those terms are used in exemption 7 of COB 4.12.4 of the Handbook of rules and guidance issued by the Financial Conduct Authority of the United Kingdom. A professional investor, for these purposes of LPT, is every investor that is considered, or may be treated based on a request to LIM (as the AIFM), as a professional client within the meaning of Annex II of the Markets in Financial Instruments Directive (2011/61/EC).
Subject to applicable law and satisfaction of any relevant notification or other requirement the Funds may be marketed (within the meaning of the Directive) within certain jurisdictions in the European Economic Area ("EEA"). Potential investors can request details of such jurisdictions from LIM. LGF is intended for persons who are not established or resident in the United Kingdom.
The information contained in this section does not constitute an offer or solicitation to any person or entity which is United Kingdom Resident for tax and investment purposes, to buy or sell shares or any other security whatsoever in other jurisdictions where it would be unlawful to do so, including but not limited to, Ireland and the United States of America.
Please tick that you have understood and accept the important notice set out above and agree to the matters addressed in it.