Swedish bank takes second Manchester office

Posted on by John Cronin

An expanding Swedish bank has opened a second office in Greater Manchester.

Deva CentreHandelsbanken has agreed a 10-year lease on office accommodation in Salford in order to support additional private banking clients.

The bank has agreed to let 2,000 sq ft of floor space at the Deva Centre in Salford. The Deva Centre, owned by Belfast-based Benmore Developments, is an award-winning office conversion scheme in a former Grade II Listed brewery. Benmore Developments purchased the building for £13.25m in 2007 from the Greater Manchester Property Venture Fund, managed by GMPF. Benmore have 3 other Manchester based office schemes including 2 city centre buildings in Mosley Street.

The Deva Centre in the former Threlfall Brewery was completed in 2001 and offers high-specification office suites ranging in size from approximately 780 sq ft up to 20,000 sq ft. In addition to the conversion of the existing building, two 2-storey office buildings have also been constructed. In total the scheme offers in excess of 83,000 sq ft of self-contained office accommodation.  The scheme is divided into sections including the 17-office Brewery Yard and The Malt House which offers 3, self-contained office suites. Quoted rental prices are £15 / sq ft. Currently available suites range in size from 1,547 sq ft to 8,484 sq ft.

Nick Nelson, surveyor at CBRE North West, advising, said: “Handelsbanken has chosen the Deva Centre for its unrivalled accessibility to the motorway network, excellent on-site car parking ratio and its close proximity to the city centre.”

Marketing agents for the Deva Centre include CBRE Richard Ellis and WHR Property.

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