Orega, the flexible workspace provider, has completed a new agreement with Brookfield Properties to create a high spec flexible workspace at Citypoint, 1 Ropemaker Street, London EC2, the landmark tower on the Northern edge of the City in the heart of London’s financial district.
The new centre is expected to open in April 2026.
23,252 sq ft of flexible workspace will be newly created on the Level 5 podium of the building, marking Orega’s eighth London location and reflecting occupier appetite for high quality, design- focused flexible office space. The new workspace is designed to be a modern, flexible base for the area’s professional and financial businesses, offering a wide choice of high quality and tech-enabled working environments and amenities.
Located in the heart of London’s Square Mile, Citypoint offers 630,000 sq ft of Grade A office space across 36 floors, with panoramic views and direct access to Moorgate station. The agreement with Orega brings the building to 100% let. The entrance opens onto the vibrant Citypoint Plaza which hosts Brookfield Properties Activated public arts and culture programme. The neighbourhood of Moorgate is currently thriving, revitalized through proximity to the Elizabeth Line which offers quick access to key London destinations.
The building itself is rich in amenities with several popular restaurants including Notes, Hola Guacamole, The Refinery and Costa. There is a Health and Wellbeing centre and pool at Nuffield Health together with significant “end of trip” facilities for bicycle racks and showers. The building has a BREEAM excellent rating and provides natural light, 360-degree views.
The new workspace will offer brand new:
- Newly designed space that focuses on hospitality.
- A wide choice of different working spaces.
- Tech enabled meeting rooms.
- More space per person than the industry norm.
- On-site shower and changing facilities.
- Unlimited barista-quality coffee.
- Secure bike storage facilities.
- Stunning outlook.
Citypoint is the eighth flexible workspace that Orega has launched in London following its opening at 80 Strand and 51 Lime Street last year. Orega is the UK’s leading provider of flexible workspace under joint ventures and now operates 25 locations across the UK.
Ben Hutchen, Real Estate Director at Orega, commented: “We are delighted to be partnering a leading real estate company such as Brookfield Properties, who trust us to deliver the returns in their building. We continue to see great opportunities for flex space across London, and we now have eight flexible workspace centres in the capital.”
In the last two years we have opened five other centres in London : at Holborn Gate, Mark Lane, Lime Street, additional space in Gracechurch Street, and 80 Strand.”
“We are successfully catering for the high demand from businesses in London who are increasingly looking for a flexible way to occupy property but also require high quality “state of the art” space in a central location, near good transport links. We believe this trend will continue with the current economic uncertainty and reluctance of businesses to be tied into long leases.”
Martin Wallace, Senior VP of Leasing at Brookfield Properties UK, said: “Reaching full occupancy at Citypoint is a significant milestone for Brookfield Properties and a testament to the strength of our leasing strategy in the City. We’re proud to have a diverse mix of occupiers who value flexibility, design and location. Citypoint continues to perform as one of the City’s premier office destinations.
This milestone reflects the sustained demand for premium, well-connected office environments and reinforces Brookfield Properties’ position as a leading provider of workplace destinations in London.”
