Property manager lets city office to fintech

Town Centre Securities (TCS) has added Amplifi Capital as the latest tenant to 123 Albion Street, Leeds.

Since its launch in 2018, Amplifi Capital’s innovative fintech platform, My Community Finance, has collaborated with two of the fastest-growing credit unions in the UK, helping thousands of customers access the credit union’s responsible financial products with its technology platform.

This initiative was born out of a collective effort with ambitious credit union lenders, with the shared goal of offering affordable credit to borrowers who may not have access to prime credit and may otherwise fall prey to high-cost lenders.

The new office, which spans approximately 7,000 square feet, offers Amplifi Capital ample space to accommodate its operations and foster collaboration among its team members. With convenient transport links and close proximity to the city centre, the office promises enhanced accessibility and convenience for employees and clients alike.

Matthew Wright, associate director for TCS, said, “Alongside existing occupier StepChange Debt Charity, Amplifi Capital’s dedication to improving access to affordable lending, adds to the diverse and impactful presence within our property and we look forward to the positive contributions they will bring to the building and the broader community.”

Tobias Gruber, Amplifi Capital’s chief executive, said, “We are excited to further establish our presence in Leeds, a city renowned for its vibrant financial landscape and rich pool of talent, which aligns perfectly with our mission to provide accessible financial services. With the valued support of Leeds City Council and our proximity to the city’s bustling financial district, we are eager to make a positive impact in Leeds and beyond.”

The opening of Amplifi Capital’s new Leeds office is expected to create numerous job opportunities, further contributing to the region’s economic growth and employment landscape.

Clair McGowan, director at CBRE, who helped negotiations between both parties, said, “This letting is testament to TCS’ commitment to excellence in refurbishment, attracting a tenant of Amplifi Capital’s calibre. The latest addition leaves just 3,500 sq.ft of available space, with TCS intending to provide a seamless ‘plug and play’ option for prospective tenants, ensuring a smooth transition into their new office.”