Regeneration firm goes into Orbit

URBAN regeneration specialist Sigma Capital has committed to 2,391sq ft of office space at Orbit Developments’ No 1 St Ann Street in Manchester city centre.

The private rental arm of the company is currently managing the development of  more than 900 new homes across Greater Manchester and Liverpool in a joint venture worth over £100m.

The AIM-listed company’s relocation to St Ann Street provides the business with additional workspace to facilitate future growth as the PRS market in Manchester continues to mature.

The area of the business specialising in regeneration works closely with local authorities and private sector companies to enable them to work together more efficiently. Most recently, projects have been undertaken for Salford City Council and Liverpool City Council.

Matthew Townson at Sigma Capital Group said: “It is an exciting time for Manchester, so when the decision was made to relocate our office we knew we had to stay in the City Centre.
 
“No 1 St Ann’s has provided us with a well located self-contained floor that we have been able to tailor to our precise requirements.”

In addition to the Sigma Capital Group deal, environmental and engineering specialists Idom Merebrook have also chosen to relocate to the same property by leasing 2,548 sq ft on the second floor.

The firm specialises in providing bespoke teams of engineers and scientists to provide technical expertise and insight on projects being implemented across Europe in varying sectors such as nuclear, aviation and construction.

Adam Jackson, Senior Leasing Surveyor at Orbit Developments said: “The city centre of Manchester continues to attract the best talent from across the region.  We are very happy to have been able to assist growth businesses such as Idom Merebrook and Sigma Capital Group with their workspace needs.”

“The final floor remaining at No 1. St Ann’s Street totals 2,600sq ft and with significant current interest we hope to be welcoming a final occupier the building shortly.”