F&C REIT Asset Management has agreed a deal with Zeus Capital to occupy the top floor of the recently refurbished 82 King Street in Manchester city centre.
Relocating from Ralli Courts investment banking boutique Zeus Capital, has taken 3,925 sq ft of space on the 14th floor at a rental of £30 psf. Zeus Capital joins high profile tenants such as The Rothschild Group, Credit Suisse and Regus in the building.
This latest letting follows an extensive refurbishment programme by F&C REIT which has seen the office accommodation and communal facilities throughout the building refurbished, including the introduction of new state-of-the-art air conditioning system.
Zeus Capital, which also has offices in London and Birmingham, has advised on several high profile IPOs in recent months including Boohoo.com, Flowtech Fluidpower and MySale, raising over £800m for clients during the last 12 months.
Daniel Plummer, Head of Regional Offices, F&C Reit Asset Management, said: “It is great to see that the investment we have put in to 82 King Street over the last year has paid off with this high profile letting. The addition of Zeus Capital to the existing tenant mix really sets the tone for the calibre of occupier we are looking to attract to the scheme.
David Thwaites of letting agents GVA commented: “With a dearth of Grade A space available in the prime core the remaining accommodation is perfectly placed to offer occupiers high quality accommodation at an iconic address. We are already receiving considerable interest in the remaining floors.”
Tremayne Ducker, head of private company and private equity at Zeus Capital, said: “The new office space in the heart of Manchester’s financial district will support the continuing success of our business. We have made a strong start to the year and are looking forward to working with more ambitious management teams that are set for growth.”
There remains 30,000 sq ft of space available at 82 King Street across 5 floors.
In addition to GVA, TSG and WHR Property Consultants are joint letting agents for the building.
