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Grant Thornton newest to agree 103 Colmore Row deal

Grant Thornton newest to agree 103 Colmore Row deal

Grant Thornton latest to agree 103 Colmore Row deal

Monetary companies and accountancy agency Grant Thornton has agreed a brand new workplace deal in Birmingham’s enterprise district.

The corporate is the newest to join area on the new 103 Colmore Row improvement which is nearing completion.

Grant Thorton has signed a ten-year lease for 12,146 sq ft, taking all the seventeenth flooring of the 26-storey constructing for an undisclosed hire. It’s at present based mostly at The Colmore Constructing the place it employs greater than 400 folks.

Birmingham follow chief Dave Hillan stated: “I’m delighted that we’re shifting to what’s a flagship location within the centre of Birmingham.

“The environmental credentials of 103 Colmore Row had been an enormous attraction for us, along with the provision of extra versatile working area throughout the constructing.

“As folks begin to return to the workplace, it will be important that they’ve an ideal working surroundings to return to.”

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103 Colmore Row is being developed on the nook with Newhall Avenue on the location of John Madin’s outdated NatWest Tower.

A three way partnership partnership of Sterling Property Ventures and Tristan Capital Companions is main the scheme which is able to finally ship 223,631 sq ft of grade A workplace area.

At 354 ft, it’s stated to be the tallest workplace improvement beneath building within the UK outdoors London.

Development is due for completion this month which is able to then enable new tenants to start their very own inner match out initiatives.

This newest letting to Grant Thornton is the second to an expert and monetary companies agency after Tilney Smith & Williamson agreed a ten-year lease on the 14th flooring in August.

Versatile workspace supplier x+why has additionally taken 31,500 sq ft on the primary, second and third flooring in addition to working the members’ enterprise membership on the 18th flooring.

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The 2-storey prime flooring restaurant and floor flooring café will each be operated by D&D London.

James Howarth, managing director of Sterling Property Ventures, added: “Because the constructing edges nearer to sensible completion, occupier curiosity is beginning to collect actual momentum and the flooring are starting to replenish.

“Publish-pandemic, staff are demanding extra from the places of work they need to work in, with a concentrate on well being and wellbeing, in addition to location and commute time for work-life stability.

“Corporations are recognising this and consequently we’re seeing a flight to high quality within the workplace sector, with occupiers clamouring for the perfect area.”

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