Hargreaves Lansdown relocates its Headquarters to Welcome Building® in Bristol

Hargreaves Lansdown has signed a long-term lease for over 90,000 sq ft across three floors at Welcome Building®, a landmark new 207,000 sq ft workspace in Bristol delivered in a joint venture between EPISO 5, a fund managed by Tristan Capital Partners, and Trammell Crow Company. This letting marks the largest Bristol City Centre letting since 2019.

The move will see the UK’s leading retail investment platform leave its current Harbourside office, but remain true to its Bristol roots where it has been based for over 40 years.

HL follows a number of other organisations in choosing the Temple Quays area, amid significant investment and development.

Gary Logan, Chief Operating Officer at Hargreaves Lansdown, said: “We chose Welcome Building® for its excellent transport links, next-generation workspace, fantastic amenities and strong ESG credentials – something that is increasingly important for our business and clients. Colleagues will benefit from a workplace that has been designed with their needs, health and happiness firmly in mind, encouraging a spirit of collaboration, community and positive impact.”

Toby Pentecost, Senior Vice President and head of UK offices at Trammell Crow Company, commented: “We’re thrilled to announce the addition of Hargreaves Lansdown to Welcome Building®. Attracting such a high-quality British name and renowned Bristol-based business on a long-term lease is testament to the building’s exceptional credentials, from its city centre location, flexible floorplates and amenity-rich spaces, to the highest environmental and wellbeing standards.”

James Brodie, Managing Director, at Tristan Capital Partners, added: “Welcome Building® sets a new bar for sustainability and user experience not just in Bristol but UK-wide. It provides a well-located, high-quality, beautiful and vibrant working environment where people and businesses can truly thrive. We are excited to welcome Hargreaves Lansdown to join this growing, dynamic community.”

Welcome Building® provides the city’s largest available floorplates, ranging from 22,000 sq ft to 30,000 sq ft, all easily reconfigurable. An internal ‘Street’ brings together building users and the business community, with hotel-style furnishings, café, 3,000 sq ft state-of-the-art gym and wellness space, auditorium, breakout seating areas, and public art.

Aiming to operate as net zero carbon, the development secured a Design For Performance NABERS UK 5 Star target rating, along with WiredScore Platinum and SmartScore Gold; and is targeting BREEAM Outstanding and WELL Platinum certifications.

This announcement follows significant interest and leasing momentum at Welcome Building®, which last year welcomed international law firm DAC Beachcroft, taking 44,196 sq ft, followed by the recent addition of Unite Students, the UK's largest owner, manager and developer of purpose-built student accommodation, which will relocate its headquarters to the building in December 2025 (taking 22,000 sq ft). The scheme has also been recognised by industry awards, winning the Development of the Year (Midlands and South) category at the Unlock Net Zero Awards 2025, and being shortlisted in thirteen other awards.

Alder King and Knight Frank are leasing agents for Welcome Building®, and Newsteer represented Hargreaves Lansdown.

About Welcome Building
Welcome Building®, designed by Darling Associates Architects and delivered by Wates, sets the bar for sustainability in Bristol and the UK. It is an all-electric workspace, with PV cells on the roof and connection to the Bristol Heat Network, from which it will extract all of its heat load. It is targeting BREEAM Outstanding certification and is designed to be net zero carbon in operation, recently achieving a Design For Performance NABERS UK Target Rating of 5 stars, and an EPC ‘A’ rating.

It is also the first Bristol office development to target Well Platinum Certification, alongside and Five at Heart Platinum, with consideration given to everything from wellness and biodiversity to the enhanced end of trip facilities for cyclists and runners.

About Tristan Capital Partners
Tristan Capital Partners is a real estate investment manager, specialising in value-added investment strategies across all property types in the UK and Europe.

Tristan’s pan-European real estate funds include core+, opportunistic and debt strategies, with total assets under management of over €16 billion and a loyal client base of institutional and private investors.

The company was founded in 2009. Tristan’s headquarters are in London, and it has offices in Luxembourg, Milan, Paris, Amsterdam, and Frankfurt. Tristan is an affiliate of New York Life Investments. It is authorised by the Financial Conduct Authority and is MiFID compliant. Please visit www.tristancap.com for more information.

About Hargreaves Lansdown
HL is the UK’s number one investment platform for private investors, with over 2 million clients who trust us with £160bn of their assets.

Since its foundation over 40 years ago, HL has been based in Bristol, most recently in Harbourside.

Our purpose is to make it easy to save and invest for a better future and help people build their financial resilience over the long-term. We provide a lifelong, secure home for people’s savings and investments that offers great value and an incredible service, making their financial life easy.