One of the world’s largest property investment managers, Barings Real Estate, has agreed on a 15-year lease to global professional services firm Grant Thornton at its Landmark office development in Manchester.
As reported last week, Barings recently welcomed the flexible workspace group, Hana, into Landmark Manchester, who will take 32,000 sq ft of space at the eye-catching building in Manchester City Centre’s St Peter’s Square.
Commenting on the lease, Ian Mayhew, Managing Director at Barings, said; “We are delighted to welcome Grant Thornton to Landmark. To have concluded two significant transactions with global businesses in quick succession during the pandemic is an excellent result. It is testament to Landmark’s appeal to companies seeking the highest quality offices, with keen attention to its exceptional environmental and well-being credentials along with the building’s excellent service levels and customer experience. We move into 2021 with strong interest in the remainder of the available space which demonstrates both the success of the building and the resilience of the Manchester office market.”
Grant Thornton’s 350-strong Manchester team is relocating from Spinningfields into the eleventh floor of Landmark. The firm will occupy the space later this year upon completion of its fit-out.
Grant Thornton UK LLP is part of the Grant Thornton network of independent assurance, tax and advisory firms with a global network of some 50,000 people in over 135 countries.
Reflecting on the new move, Carl Williams, North West Managing Partner at Grant Thornton, said: “We are thrilled to be making this long-term commitment to Manchester and to this brilliant new workspace right at the heart of the city centre, on St Peter’s Square.
“At Grant Thornton we recognise that post the COVID-19 pandemic the way people work will change, so the design of our new flagship office at Landmark will reflect our need for a best-in-class space to inspire collaboration, innovative thinking and knowledge sharing among our people, while also ensuring we deliver a great experience to our clients and intermediaries.”
Both Grant Thornton and Hana will join global property consultancy JLL who moved its Manchester team into the 14,004 sq ft 10th-floor office last year. The significant relocation represented the global commercial real estate services’ largest commercial office outside of London.