A number of large companies are have opened new offices in 2017, or are going to open them later in the year.
In Salford, telecommunications giant Talk Talk has opened its northern headquarters at the Soapworks, the former Colgate Palmolive factory at Salford Quays. Spread over five floors, there are 1,300 employees in the building, with room for another 500 if Talk Talk expands.
South of the city, reselling brand Music Magpie has signed a lease for 10,228 sq. ft. of space at the Stockport Exchange. The transport operator Stagecoach is leasing another three floors of the Stockport Exchange.
The old Granada TV studios in Manchester are being developed, and it is rumoured that the Guardian newspaper group is interested in taking office space there in a move away from London. The Guardian has not yet commented on this rumour.
Not so well-known but equally significant is the Israeli company Transcom, which communicates medical information that is translated in many languages. It has opened its first European office in Oxford Street. Matan Topper-Erez, Executive Director of Transcom, said:
“The UK is a great place to do business and for us, Manchester seemed like the perfect fit based on its innovative history, diverse health community and lucrative networking opportunities essential to growing our client base.”
Companies large and small are attracted to office space in Manchester. Rents are generally lower than in London and the transport and communication infrastructure is of a high standard.