New Nottingham base for Allied Irish Bank (GB)

Allied Irish Bank (AIB GB) has relocated its Nottingham office to newly refurbished office space at Park View House, 58 The Ropewalk in the heart of the city’s professional quarter.

DTZ acquired the space on behalf of AIB GB whilst Geo Hallam and Sons and JLL acted on behalf of the landlord, a fund advised by F&C Reit.

The bank has taken a ground floor suite on a 10 year lease at Park View House which offers open plan Grade A detached office space within Nottingham’s established business quarter.

AIB GB will be relocating from its previous base at Byron House following a lease expiry. The new premises will continue to serve the Owner Managed Business market in the East Midlands.

Gemma Constantinou, Senior Surveyor in DTZ’s Agency team commented: “This is a great move for AIB GB. Park View House is a rarity, offering detached grade A office space in the city centre which combines traditional and contemporary architectural styles.”

Gerry McPake, who leads the AIB GB team at Park View House said: “When we made decision to relocate The Ropewalk was by some distance our number one choice. DTZ, and Gemma in particular, acted on our behalf with great professionalism to meet our aspirations not only in terms of location, but also timescale.”

James Hall of Geo Hallam and Sons who acted for F&C Reit commented: “Park View House was speculatively refurbished to Grade A standard by client’s of F&C Reit and following the completion of the lease to AIB GB, the building is now fully let with AIB GB joining professional occupiers Mazars and Gateley who have recently relocated to these city centre offices.”