Office Space Manchester
Deloitte’s latest Crane Survey has revealed that 1.5 million sq. ft of office space in Manchester is under construction. Six large schemes were started in 2017 to make this a record period for office space construction in the city. The largest project is Circle Square, managed by the Bruntwood and Select Property Group. The two…
As the culture of companies changes, Manchester offices are having to adapt. An example of this is Overbury, an office fit-out and refurbishment consultants. Its director, Phillip Westwood, was interviewed in November 2017 by the Manchester Evening News. The major change he highlighted was that the working environment is no longer confined to the office….
A recent PlaceNorthWest.co.uk article by Rebecca Fieldhouse of Iceni Projects makes the case for developing family homes in Manchester city centre for workers employed in the city’s offices. Most people employed in office space in Manchester live outside of the city centre and commute to work, but with traffic congestion frequent and train travel fees…
Manchester City Council has given its approval to Hatch, a development of pop-up and semi-permanent retail units beneath Oxford Road’s Mancunian Way flyover. The scheme comes under the Circle Square development, with over a million square feet of office space and 1,281 new homes in a prime Manchester location. The Hatch development, expected to be…
There is a high demand for office space in Manchester, but many companies want more than just a place to work; they want extra facilities for their workers and their clients. Near Manchester United’s Old Trafford ground is what has been described as a ‘secret bolthole’ – a luxury apartment designed to entertain business clients…
Manchester is attracting major tech firms who are setting up offices in the region, and this has fuelled a high demand for Manchester office space. Indian mobile software company 42Gears has moved into offices at the city centre 4 Piccadilly House. Kaushik Sindhu, associate vice president of 42Gears Mobility Solutions, explained the company’s reasons for…
New figures have revealed that there were deals for 284,000 sq ft of office space in Manchester during the second quarter of 2017. The data released by the Manchester Office Agents Forum show a 27% increase in office space lettings compared to the same quarter in 2016. Many large companies have relocated to or set…
At the recent Poptech breakfast meeting held in Manchester, speakers discussed the future of technology in the city’s commercial buildings. At the meeting, Doug Ward of Telcom Networks said that digital connectivity is third on the list of priorities that tech companies required when considering Manchester office space. Buildings need to be prewired and connected…
The amount of office space let in Manchester reached a seven-year high in 2016’s final quarter, according to real estate advisers Colliers International. From October to December 2016, a total of 621,016 square feet of office space was let in 83 property deals. This is the largest amount rented since 2010, and brought 2016’s total…
A well-known Deansgate office block has been sold to Essen County Council for a staggering £29m. Redefine International, the owners of 201 Deansgate, which is a prominent listed building only acquired the property in March 2016, as part of the AUK Portfolio. This sale means a yield of 3.5% and a premium of 14.3% on…
Owning a home is a keystone of wealth… both financial affluence and emotional security.