New generation of office space proves popular in Swindon

By Ben Carey on 13 February, 2024

A flexible and serviced office complex in Swindon is nearing full occupancy.

FigFlex, located at 3 Newbridge Square which is owned by FIREM, has seen growing interest from the business community, with enquiries increasing 73% between 2022 and 2023.

Demand for the space at 3 Newbridge Square comes two years after FigFlex launched at the distinctive Swindon hot-spot, bringing a suite of five air-conditioned, sound-proofed meeting rooms and a range of serviced offices to the Swindon market.

In 2023 17 new businesses moved into the building including Hays Recruitment and Method Consulting. Now just a small amount of space remains available on conventional lease terms.

Future plans for 3 Newbridge Square include further improvement works on the ground floor, with additional space launching to market this year.

FIREM is also planning a £250,000 investment to transform the exterior of 3 Newbridge Square to complement its neighbouring property at 1 Newbridge Square, where the developer has invested £10 million to create the town’s most prominent office development.

Tim Knowles, Founder and Managing Director of FI Real Estate Management, said, “Our ongoing investment in Newbridge Square is a big part of our wider commitment to Swindon town centre and to making our office developments an important catalyst for wider regeneration.

“We have a placemaking vision for Swindon, and we’re working closely with Swindon Council and wider business stakeholders to ensure that we are creating a vibrant district that makes Swindon a bustling place to live and work.

“The interest we have had in our office space at 1 and 3 Newbridge Square is proof of our success in leading the town’s office market.”