Investment manager takes on 11,700 sq ft of offices at flagship development

Developer and asset manager, MEPC, says Redmayne Bentley, one of the UK’s largest independent investment management firms, has relocated its Leeds head office to the Wellington Place urban quarter.

The organisation has taken 11,700 sq ft of Grade A office space at 3 Wellington Place, completing its move last week.

Established in Leeds in 1875, Redmayne Bentley has offices across the UK, and has a long connection with the city, with its head office always being based in the city.

The firm previously had offices in Albion Place, Merton House and Butts Court on Albion Street before moving to Bond Court in 2011.

The move to the MEPC development Wellington Place supports Redmayne Bentley’s growth and plans for its next chapter.

Paul Pavia, commercial director at MEPC, the developer and asset manager behind Wellington Place, said: “Redmayne Bentley is a long-established business with its roots in Leeds and is recognised as a key player in the city’s financial sector, so we couldn’t be more pleased that they have chosen Wellington Place as its head office.

“Wellington Place is a leading destination for major public and private sector organisations, from the likes of HMRC to international giants such as Allianz. We look forward to welcoming others to join our community.”

Liz Dean, director of HR at Redmayne Bentley, said: “The team at Redmayne Bentley is vital to our success. Our new office at Wellington Place provides a high-quality environment and tools for those who choose hybrid working while supporting the fantastic culture and wellbeing of our people.”

The letting agent for Wellington Place was JLL, with Knight Frank acting for Redmayne Bentley.

Jeff Pearey, director of letting agents at JLL, said: “Attracting Redmayne Bentley to Wellington Place is another endorsement of the quality of buildings, location and environment that the development offers.

“As occupiers continue to drive the re-occupation of their offices, it is essential business decision makers recognise that it is about more than just the office itself but also the wider surroundings and amenity that will assist with the retention of staff.”

Jonathan Hyland, partner of global property consultancy Knight Frank in Leeds, added: “As a business that is passionate about employee wellbeing, the sense of community offered by Wellington Place really stood out to Redmayne Bentley, whose staff will be able to benefit from the range of events and initiatives on offer year-round.”