News
OREGA CONTINUES LONDON EXPANSION TAKING FURTHER SPACE AT 20 OLD BAILEY, LONDON EC4
Orega, the flexible workplace provider has expanded its successful flex space offering at 20 Old Bailey, London EC4, taking an extra 9,700 sq. ft, allowing for another 180 desks. Orega now has the entire fifth floor- a total of 25,409 sq. ft , offering 465 desks. Orega is refurbishing this space with plans to open for new clients in August 2026. This expansion follows a tripartite agreement between Barings, Orega and OPEN Health. Orega already operated flexible workspace across two-thirds of the floor under a management agreement with Barings. OPEN Health occupied the remaining third.
OPEN Health worked alongside Orega to reconfigure its space in the building to better reflect its evolving working patterns. Rather than relo- cating at lease expiry, OPEN Health is instead transitioning into the newly refurbished space within the expanded flexible space, taken on and run by Orega.
Orega’s current operation at 20 Old Bailey has been highly successful to date, maintaining an occupancy rate of over 95% for several years.
20 Old Bailey is in the heart of the City, with good transport links at St Paul’s and Bank underground stations and at Thameslink and Farringdon stations. It has a stunning entrance and reception area with a floor-to- ceiling central atrium, allowing plenty of natural light. The private offices are luxurious, with modern furnishings, functional décor, soundproofing and twice the average desk space per person, creating a comfortable work environment.
COMMERCIAL PROPERTY MONTHLY 2026 9
Ben Hutchen, Real Estate Director at Orega said, “This deal is a win win solution for all parties; demonstrating how flexible workspace can support changing business needs while maintaining continuity; Barings has avoided the letting void it would have faced if OPEN Health had left the building and Orega has been able to expand its flexible offering in a popular location.”
Alan Pepper, CEO of Orega added, “At Orega we pride ourselves on working closely with our landlords and corporate JV partners and our customers to create flexible property solutions to meet all needs.”
Orega will continue its growth journey, building on strong market demand for flex space. It now offers flex space from 25 locations across the UK, eight of which are in London, offering high-end workspace that provides a platform for business clients to boost their growth and productivity.
Orega is the UK’s leading provider of flexible workspace under innovative joint venture agreements with landlords and corporates.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52
