HSBC signs for office at Manchester’s Landmark
HSBC is to open an office at Barings Real Estate’s 180,000 sq ft Landmark office development at St Peter’s Square in Manchester.
The bank has agreed to take 10,300 sq ft of flexible office space, operated by co-working company Hana, located on the lower floors of the building.
Barings entered into a management agreement in January this year with Hana, now part of flexible working company Industrious, to build and run a 32,000 sq ft office within the building. HSBC’s lease comprises the majority of the second floor.
HSBC is to open an office at Barings Real Estate’s 180,000 sq ft Landmark office development at St Peter’s Square in Manchester.
The bank has agreed to take 10,300 sq ft of flexible office space, operated by co-working company Hana, located on the lower floors of the building.
Barings entered into a management agreement in January this year with Hana, now part of flexible working company Industrious, to build and run a 32,000 sq ft office within the building. HSBC’s lease comprises the majority of the second floor.
HSBC is the fifth global occupier Barings has secured at Landmark in recent months. Allianz has also taken 10,833 sq ft, while Grant Thornton has signed a 15-year lease on the 13,219 sq ft 11th floor of the building. Change Please, a coffee company and social enterprise supporting people out of homelessness, will operate the coffee and pastry bar at the building.
They will join global property company JLL, which moved its Manchester team into the 14,004 sq ft 10th floor last year.
Ian Mayhew, managing director at Barings, said: “The flexible offering within Landmark means that we can be truly inclusive and offer solutions to a wide range of office requirements all within a sustainable, first class building in the city’s best location.”
Jamie Hodari, co-founder of Industrious, added that it was “extremely exciting” to see the demand at the building. “[It] is further proof that flexible workplace solutions are at the centre of the future of the office,” he said.
“We’re thrilled to provide an engaging workplace to HSBC UK and its team, which fits squarely within the growing demand we see from global occupiers looking to incorporate greater flexibility in their workplace strategy.”
Leasing agents on Landmark are CBRE, Colliers International and JLL. HSBC UK was advised by CBRE.
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