Property News: Traveljigsaw signs up at Sunlight House, SES, GVA Dixon-Webb, Vantage Point
ONLINE car rental firm Traveljigsaw has taken 63,096 sq ft at Sunlight House on Manchester’s Quay St in a deal that is said to be the largest office letting in the city for over two years.
The business has signed a five-year lease at a headline rent of £16 per sq ft.
Meanwhile, existing occupiers St James’s Place Wealth Management, which has 14,100 sq ft, and Charles Stanley Group, which occupies 5,200 sq ft, have both signed new 15-year leases.
There have also been three further lettings totalling 5,000 sq ft to The Industrial Tomography Systems, Romero Insurance and Football for Football. The property’s occupancy rate now stands at 95%.
The building is owned by the Apia Regional Office Fund, which is managed by Aviva Investors and Warner Estate Holdings.
Asset manager Charlie Royle said: “These transactions are testament to the building’s central location and quality of accommodation. Our proactive asset management strategy, with improving facilities and refurbishment of several floors, has enabled us to attract new occupiers in spite of challenging market conditions.”
Apia’s letting agents on the building are OBI Property, Canning O’Neil and DTZ.
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INFRASTRUCTURE and building services group Shepherd Engineering Services (SES) has won two contracts in Manchester worth £15m.
It has been appointed to provide a range of mechanical and electrical services on the 268,000 sq ft office development at One St Peter’s Square.
It is also working on Bruntwood’s scheme to turn the former Royal Eye Hospital into a hi-tech 100,000 sq ft biomedical centre of excellence.
SES will work with principal contractor Lend Lease, again providing mechanical and electrical services. The firm will start work on both projects in the spring.
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LIVERPOOL property consultant, GVA Dixon-Webb, has been appointed by Humberside International Airport as its ratings advisor.
GVA Dixon-Webb will advise Humberside on business rate appeals and rate budgeting. The firm already acts for Manchester, East Midlands, Bournemouth and Cardiff Airports.
Director Eric Rose said: “The ongoing contract is a great start to 2013 and reflects the team’s wealth of experience in advising airports throughout the UK.
“Advising Humberside as it expands its operations will provide us with the opportunity to demonstrate our expertise in rating and contribute to its successful future.”
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FINANCIAL recruiter Oliver James Associates has taken 8,000 sq ft at Vantage Point, Spinningfields.
It has agreed a 10-year lease for the fifth floor and part of the fourth floor.
Director James Rogers said: “We were seeking an impressive new home, primarily for our team, as the business continues to grow at a good rate considering market
conditions. Spinningfields is unrivalled as a location and we believe we have secured the best office space in city which sees us nearly triple the size of our current office.”
Oliver James also has offices in Hong Kong and Zurich, and 50 staff in London. Will Lewis of OBI Property advised Oliver James, while Alex Russell of CBRE advised landlord Ventnor Estates.
