The North West Starling Bank Signs up at Barings’ Landmark in Manchester
Starling is set to create 1,000 new jobs in Manchester to support the company’s next phase as it continues to build industry-disrupting banking technology for its personal and business account customers. The strategic move comes as the digital bank has opened more than 3.5 million accounts and launched its software-as-a-service offering, Engine by Starling. The bank has selected Manchester for its next base due to its strong tech talent pool and rich cultural and creative heritage.
Starling joins an impressive tenant roster at Landmark and is the fourth new occupier to sign up in recent weeks with over 41,000 sq ft of lettings secured in Q4 2022 alone to Santander UK, global business platform Xero UK and global audit, tax and consulting firm RSM UK. Additional occupiers in Landmark include; HSBC UK, Allianz Insurance, Grant Thornton, JLL and social enterprise Change Please.
The 180,000 sq ft award-winning Landmark development offers 14 floors of BREEAM Excellent and Wired Score Platinum certified office space in Manchester City Centre.
Landmark External photo
MANCHESTER U.K. – February 2023 – Barings Real Estate, one of the world’s largest diversified real estate investment managers, has leased the 5th floor of its Landmark office development in Manchester to leading digital bank, Starling Bank.
Following a year of strong growth, Starling Bank has signed a 10 year lease for the 14,061 sq ft, 5th floor at Landmark which will be the digital bank’s fourth UK office and first Manchester base.
Robiquity Signs up at Transmission in Enterprise City
Robiquity, born in Manchester but with a global presence including London, North America and Cairo, will move to Transmission in Enterprise City. The UK’s market leader in Intelligent Automation (IA) employs 110 people and has taken 5,694 sq ft - with workspace advice specialist Level securing the deal.
Tom Davies, Robiquity Chief Executive, said: “Manchester’s new city centre district for digital tech and creative businesses is the perfect place for our UK operation to thrive and grow. We’re excited to be part of a true tech and creative community and to carry on with our mission to enable businesses and their people the time to fulfil their core purpose.
“We’re committed to our team culture and the vibrant culture all 110 employees have created across all our sites. It is why we are delighted that Level got a deal for us to be housed in a great central Manchester space, over the line.”
About Enterprise City
Enterprise City is a new district of Manchester that combines exceptional workspaces, inspiring cultural spaces, and bespoke city-centre living to create a place for enterprise, for the future, for making history, and for businesses to grow and root their headquarters. The cluster is a unique place that connects people and businesses, encourages collaboration, and creates success through expert place-making – to inspire, to start and to win.
Designed to be the home and headquarters of global media, tech and creative businesses, Enterprise City has a diverse range of spaces and infrastructure to accommodate a range of growing start-ups, independents, SMEs and leading global brands. Enterprise City is spearheaded by Allied London, an award-winning property development and investment company. The cluster of modern industry comprises of: The Factory, The ABC Buildings, Transmission, Cube Space, Grape Street Deck, Old Granada Studios, VERSA Manchester Studios, Manchester Goods Yard, Campfield Yard, Globe & Simpson, Shipyard and Bonded Warehouse.
COMMERCIAL PROPERTY MONTHLY 2023
Barings’ focus on well-being, customer experience, sustainability and technological infrastructure at Landmark provides all-important facilities including contactless technologies enabling touch-free movement within the building, a dedicated cycle storage and maintenance hub, high-quality showers and changing facilities, electric car charging spaces and Amazon lockers for package delivery and returns.
Ian Mayhew, Managing Director, UK Asset management at Barings, said: “To have been selected by Starling Bank for its fourth UK office is fantastic news and we are delighted to welcome their team to Landmark”
Leasing agents for Barings were CBRE and Colliers. Starling Bank was advised by JLL.
Candour Acquires, 39 Deansgate, Manchester
Candour, the independent, privately-owned property
development and asset management company has acquired 39 Deansgate in Manchester City centre.
The existing 8-storey building is a 1960s mixed-use retail and office property totalling 41,000 sq ft.
On behalf of the Aegon Property Income Fund, Sheppard Robson architects in conjunction with CBRE Planning obtained planning consent in January 2022 to redevelop the property to provide a new mixed-use, workspace-led scheme of 200,000 sq ft over 17-storeys.
Toby Pentecost, co-founder at Candour commented: “39
Deansgate is a 100% prime development site within Manchester’s city core market. With a planning consent in place it gives Candour the opportunity to deliver a brand new best-in-class Grade A office development. Candour will be working with the incumbent design team and with Manchester City Council, to deliver a series of optimisations to the consent to ensure that the building is the most efficient and sustainable use of this gateway site. Candour has a track record for creating and refurbishing buildings with a high-performance in energy efficiency and sustainability and we look forward to working in Manchester to offer occupiers a highest-quality workspace with peerless ESG profile.”
Candour represented itself in the transaction with Acuity Law acting on the legals. The Vendor was advised by CBRE Manchester, with Trowers & Hamlins acting on the legals.
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