Posted 11 February, 2019 OBI NEWS
Handelsbanken has expanded its presence at 101 Barbirolli Square in Manchester.
Advised by OBI, Landlord AEW has let an additional 11,000 sq ft of space, taking the Swedish bank’s total occupation at the grade A office building to 51,000 sq ft.
Handelsbanken will expand onto the ground level of the 87,000 sq ft property, where it already occupies the first, second and third floors. AEW first completed a letting of 40,000 sq ft with the company in June 2018 following a comprehensive refurbishment of the building.
Simon Barrett, executive director and head of asset management at AEW, said: “The letting of an additional floor to Handeslbanken is a fantastic endorsement for 101 Barbirolli Square and underlines the attraction of the space we have created as we focus on letting the remaining space at the property.
“Moreover, the fact that the building has reached 60 per cent occupancy within just five months of the refurbishment completing demonstrates the strength of the occupier market in Manchester where there is a shortage of grade A office space.
“In response to this demand, we are pressing ahead with the refurbishment of the neighbouring building at 100 Barbirolli Square, which will see us create a new business hub and also a leisure destination.”