2024-12-02 9:00 CET, UK | Investment Management | Press release
Catella APAM, acting on behalf of Britannia Invest A/S, is pleased to announce the completion of a 16-year lease agreement with Victoria College of Art and Design at Bridgewater House, Manchester.
The lease, covering the 5th floor, spans 20,034 sq. ft. with an annual rent of £26 per sq. ft.
Bridgewater House offers 180,000 sq. ft. of character office space across 10 floors, with features including communal amenity space, a café, a business lounge, and substantial on-site shower and cycle storage facilities. The space has recently been refurbished, with 20,000 sq. ft. currently undergoing renovation on the 4th floor, ready to be launched in the new year.
William Grenfell, Associate Director at Catella APAM, commented: "Securing Victoria College of Art and Design at Bridgewater House highlights the demand for flexible, high-quality office space that combines character with modern amenities. We are excited to see the continued success of this building and look forward to welcoming other tenants to the space."
Daniel Barnes, Office Agency Director at Savills Manchester, added: "Bridgewater House offers impressive architecture that perfectly combines traditional features with a high-quality, modern specification, making it the ideal space for a creative occupier such as Victoria College of Art and Design. We are excited to welcome them to the building and look forward to launching the 4th floor in the new year."
Savills and Edwards & Co are joint letting agents for Bridgewater House.
For further information, please contact:
Sarah Emms
Marketing & Communications
+447494 906 783
semms@apamuk.com
About Catella APAM
Catella APAM, an independent and market-agnostic asset and investment manager, has been delivering sustainable real estate solutions since 2010, managing £4B worth of assets across the UK and Ireland. As part of the Catella AB Group, we leverage our global network and extensive market knowledge to provide tailored, effective solutions across all market cycles to achieve remarkable outcomes for our clients.