Softcat moves in with Booking.com in Manchester
FTSE 250-listed IT firm Softcat has found its new home in Manchester city centre, having subleased one of the floors from Booking.com at its Goods Yard HQ.
Softcat, which is headquartered in Buckinghamshire, will occupy 35,450 sq ft of fully fitted office space on the sixth floor of the 10-storey block, which forms a part of the wider Enterprise City development at St John’s, which is being brought forward by Allied London.
Softcat has relocated from its existing 7,500 sq ft base at MCR Property Group’s Universal Square office campus in Ardwick.
FTSE 250-listed IT firm Softcat has found its new home in Manchester city centre, having subleased one of the floors from Booking.com at its Goods Yard HQ.
Softcat, which is headquartered in Buckinghamshire, will occupy 35,450 sq ft of fully fitted office space on the sixth floor of the 10-storey block, which forms a part of the wider Enterprise City development at St John’s, which is being brought forward by Allied London.
Softcat has relocated from its existing 7,500 sq ft base at MCR Property Group’s Universal Square office campus in Ardwick.
Matt Newton, head of property and workplace at Softcat, told Estates Gazette: “This move marks another step forward as we continue with the real estate upgrade of our most strategic offices. Manchester is a vibrant and dynamic city, known for its strong business environment and rich cultural heritage. Moving from the periphery of the city to the centre will give us better access to customers and transport links.
“We are confident that this relocation will provide us with the space and resources needed to continue supporting our team’s growth and better serve our customers. We look forward to the opportunities this move will bring and are excited to be a part of Manchester’s thriving business community.”
In 2018, Booking.com committed to invest £100m in Manchester, having signed a 12-year pre-let for 222,000 sq ft of workspace across levels two to six at Goods Yard. However, Covid and the hybrid-working trend has forced the e-commerce giant to “right-size”. It will continue to occupy levels two to five in the building.
In turn, the pandemic has put a handbrake on the development of offices in Manchester with no new stock expected to come off the ground in the city centre over the next couple of years.
OBI advised Booking.com on the deal while Lambert Smith Hampton represented Softcat.
