Key lease signed at Manchester’s Landmark office building

Barings Real Estate has agreed a 15-year lease on the 14,000 sq ft ninth floor at its Landmark office development in St Peter’s Square, Manchester, with audit, tax and consulting firm, RSM UK.

After an extensive search, the firm is relocating some 300 staff from Spinningfields into the Landmark building to create a sustainable, hybrid-working environment and support the firm’s next stage of regional growth.

RSM UK has 3,660 partners and staff in 32 offices throughout the UK. It is a member firm of RSM International – the sixth largest network of audit, tax and consulting firms globally. The network spans more than 120 countries, employing in excess of 51,000 staff globally.

RSM now joins fellow global occupiers HSBC UK, Allianz Insurance, Grant Thornton, JLL and social enterprise, Change Please, within the building which is also home to the Hana by Industrious Flex centre.

The 180,000 sq ft Landmark development offers 14 floors of BREEAM Excellent and Wired Score Platinum certified office space with a focus on sustainability, wellbeing, customer experience and technological infrastructure.

Barings provides forward-thinking facilities and operating systems including contactless technologies enabling touch-free movement within the building, a dedicated cycle storage and maintenance hub, high quality showers and changing facilities, electric car charging spaces and Amazon lockers.

RSM’s new office at Landmark will deliver 14,000 sq ft of design-led, collaborative working space with huge amounts of natural light and benefitting from all of the building’s sustainable and technological features.

Ian Mayhew, managing director, UK real estate asset management at Barings, said: “RSM UK is a welcome addition to our global tenant roster at Landmark. We are confident that our best-in-class building will help enable all our occupiers to meet their own corporate ESG commitments whilst creating exceptional working environments for their valued employees.”

Kevin Duffy, RSM UK’s regional managing partner in the North West, said: “This is a major milestone in our journey to grow our business in the North West.

“The development’s focus on sustainability and technology also accommodates our approach to hybrid working, allowing us to create a flexible, collaborative and exciting environment for our staff.”

Barings was advised by CBRE and Colliers and JLL. RSM was advised by JLL.