Posted by Zoe Boddy-McEwen

Posted 17 December, 2012 OBI NEWS

Today OBI Property announced it has advised white goods retailer DRL Holdings on its relocation to 8,600 sq ft into Bruntwood’s City Tower at Piccadilly, Manchester.

DRL has relocated from Riverside, Salford to accommodate the rapid expansion of its Manchester operation.  The firm is looking to grow in numbers, up to 160 employees at its Manchester office.

The business is headquartered in Bolton and generated sales of £205m in 12 months to 31st March 2012 and expects to increase turnover again this year.  It aims to reach £1bn by 2017.

Steve Caunce, Chief Operating Officer, DRL said: “We are delighted to have opened our new office in City Tower.  It will provide a great base for us to continue with our rapid growth.  We always wanted to keep our team on a single floor plate and our new office has enabled us to do this and also produce a fantastic place for our team to work.”

OBI Property negotiated the surrender of the Riverside lease and agreed the new terms at City Tower for DRL.  Will Lewis, Office Partner, OBI Property said:  “The existing relationship between DRL and Bruntwood made the transaction achievable as there was a lot to agree in a very short period of time. DRL wants to create a great working environment for their team and the new office looks very impressive.”

OBI Property also project managed the landlord and tenant fit out works and undertook the role of interior designer for the new office.

Andrew Cowell, Head of Sales, Bruntwood said: “This is exactly what Bruntwood does.  We work closely with our customers and ensure we help them fulfil their business objectives.”

DRL sells appliances such as fridges, freezers, washing machines and dishwashers via, and directly supplies customers of high street chains.  DRL will soon employ more than 800 staff.