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Monday, February 18, 2019

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Handelsbanken expands office space in Manchester

Theo Osborn | 14:32 Friday 1st February 2019

Handelsbanken has expanded its office in Manchester by taking on an additional 11,000 sq ft of space at 101 Barbirolli Square.

The Swedish bank will now expand to the ground floor of the property where it already occupies the first, second and third floors.

The property is being let by AEW, which has agreed the lease for the same period as Handelsbanken’s existing long-term lease.

Simon Barrett, executive director, head of asset management at AEW, said: “The letting of an additional floor to Handelsbanken 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% 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.”

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