Exchange Quay welcomes new tenant following 10-year deal for 10,000 sq ft

Exchange Quay

Manchester office campus Exchange Quay has confirmed a new letting to Sopra Steria, a European player in consulting, digital services and software development.

Sopra Steria has signed a 10-year lease for 10,000 sq ft of offices on the top floor of building 8 at Exchange Quay.

The firm will be uniting its North West staff from three former regional offices into the new Northern headquarters operation at Exchange Quay to enable greater collaboration in an enhanced environment.

Building 8 at Exchange Quay has recently benefitted from investment into its reception as part of a wider £3m programme being undertaken by Till Asset Management, acting on behalf of Exchange Quay.

The deal to Sopra Steria is the third letting that has completed in close succession within the building, following deals with RW Invest and Debt Support Services.

Exchange Quay, comprising 435,000 sq ft, is one of the largest office developments in the North West with more than 4,000 workers.

The team continues to receive a high level of enquiries from companies who are seeking contemporary Grade A office accommodation together with a host of amenities designed to boost employee wellbeing.

James Dickinson, at Canning O-Neill, joint agent on Exchange Quay with Colliers, said: “We are delighted to welcome Sopra Steria to Exchange Quay and feel that this latest letting is testament to the environment the team has worked so hard to create, where employee wellbeing and occupier experience are of utmost importance.”

Liam MacCarthy, director at Till Asset Management, said: “We have recently enjoyed multiple lettings within building 8 and we feel this is reflective of Exchange Quay’s overall attraction.

“Post-pandemic, we are seeing more companies placing greater emphasis on employee wellbeing, and this scheme has it all when it comes to location, flexibility of office space and the wide range of transport options available.

“We have welcomed many high profile organisations to our tenant mix this year and look forward to Sopra Steria becoming operational later in the new year.”

Andy Hepworth, Sopra Steria operations director, said: “Sopra Steria is transforming the way we work, and Exchange Quay is offering just the right environment and location for our new North West hub.

“It will provide our colleagues and visitors with the means to work more effectively, in a bright new space that fosters the more hybrid and collaborative culture that we are introducing.”

The quoting rent on Exchange Quay is £21 per sq ft, plus car parking, and agents are Canning O’Neill and Colliers. Vail Williams acted on behalf of Sopra Steria.

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