£100m Two St Peter’s Square complete
The £100m block Two St Peter’s Square in central Manchester has reached practical completion.
Funded by Deutsche Asset Management and developed by Mosley Street Ventures in which Fred Done and his family are majority shareholders, the building has 200,000sq ft of office and retail space split over 12 floors and 4,000sq ft of ground floor space for shops.
MSV director Darryl Lee said: “We believe that the whole design team and our funding partners Deutsche Asset Management have combined to produce an iconic building in a key central location.”
The completion signals the full opening of since construction work started in 2012, to turn this area into a world class public square in the heart of the city centre.
The building comprises circa 200,000 sq ft of office and retail space, split over 12 floors and 4,000 sq ft of ground floor retail space.
In the first pre-let for the building accountancy firm EY agreed a 15-year lease of 41,000 sq ft taking the eighth, ninth and 10thth floors.
Wagamama will also be adding Two St Peter’s Square as their latest location in Manchester, expanding their presence in the city.
There is significant interest in the remainder of the building with talks in progress. At this stage the team are unable to comment any further, but it is hoped further announcements will follow shortly.
“The exceptional quality of the office space created provides a flexible best in class environment that will appeal to occupiers and we are delighted to add this prime real estate investment to our client’s portfolio”, said James Petit head of real estate, UK and Ireland at Deutsche Asset Management.