Isio to take space at 3 Hardman Square
The pensions advisory firm, formerly part of KPMG, has exchanged contracts to lease space at the Spinningfields office building in Manchester, believed to be at least 10,000 sq ft.
Previously the pensions wing of the Big Four accounting company, Isio is in the process of moving out of KPMG’s regional offices into its own accommodation in various cities across the country, following a management buyout that completed earlier this year.
In July, the company signed a deal for 6,000 sq ft in Leeds, the first of several planned leasing agreements and its Manchester move will see its staff move out of KPMG’s offices at 1 St Peter’s Square to 3 Hardman Square.
The company is understood to be taking around 10,000 sq ft on the fourth floor of the 188,000 sq ft Manchester building owned by Royal London Asset Management.
The asset manager bought the nine-storey office block for £100m from M&G Real Estate in December 2017.
Other occupiers of 3 Hardman Square include the General Medical Council, which occupies the entire top floor, and payment processing firm WorldPay, which leases the sixth floor and part of the fifth.
CBRE and Colliers International are the agents for 3 Hardman Square. Cushman & Wakefield acted for Isio.
Isio employs around 500 staff across eight regional offices. The company was contacted for comment.