Kyndryl picks Royal Liver Building for AI hub
The £16bn revenue digital infrastructure giant has taken an initial 15,000 sq ft at the historic Liverpool building, with the ambition of employing 1,000 staff across the city region over the next three years.
Kyndryl’s Royal Liver Building letting is among the largest in Liverpool in recent years and indicates that the city can still attract large global firms despite a dearth of new-build office options.
Kyndryl, which offers IT support and cloud services to businesses, announced in February its plans to launch an AI technology hub in Liverpool.
The hub “will support the digital transformation of UK and global customers” and help firms adopt emerging technology such as AI, Kyndryl said at the time.
Liverpool City Region Metro Mayor Steve Rotheram welcomed the investment and said it would place the city at the forefront of the country’s digital transformation.
The deal will see US-based Kyndryl occupy space in the Royal Liver Building that was previously home to SportPesa. The lease length was not disclosed.
JLL is understood to have acted for Kyndryl. CBRE acted for the landlord.
Corestate owns a 35% stake in the Royal Liver Building, while former Everton FC owner Farhad Moshiri owns 49.9%. The other 15.1% is owned by a group of international investors.
This could be the start of a beautiful friendship. Welcome to the parish, folks.
By More Anonymous than the others
This is GLORIOUS NEW’S!
By Mary Woolley
Now we must build more Liverpool office’s so more computer firms come to Liverpool!!
By Mary Woolley
Don’t get too excited are coming because they have a contract with Very group.
By Anonymous
Great news! An amazing place to work in a fantastic city!
By Liverpolitan
Get building g offices and they will come change your vote also
By Anonymous
An office in Liverpool? We’ve got one at last!
By Jeff
Finally! So much emptiness in Liverpool. Really depressing place to be sometimes
By Anonymous
This is brilliant news and showing that the City is now really going places
By PB
See people commenting pretending to be from Liverpool because we look better despite all the match boxes being built down the road
By Anonymous
Like Eurovision they chose Liverpool
By Anonymous
Makes you think how much latent inward investment into Liverpool if the Council and Rotherham’s team actually got moving on new Grade A office space instead of just talking.
By Anonymous
Really glad this is going to Liverpool. Even though the blinkers are on that mean it should come to Manchester. We have so much now it doesn’t matter if we don’t get things like this. Manchester is such a full and joyous place and great for a pub crawl. As economics dictate.
By Karl Steamens
TBH we,the people of Leeds (all of us) sometimes throw in the odd comment. It’s fun watching you guys argue occasionally! Seriously though I think we can all agree this is a good thing. Liverpool Needs more quality tech jobs to boost its economy and of course that all important office space.
By Strong inthearm
@Karl Steamens and you don’t have a lot of this that Liverpool has either. I know what city i would rather live in and it’s certainly not Manchester.
By Anonymous
Nice but Liverpool needs sooo much more. Tourism and stag nights arnt enough to grow the city and we need a lot more jobs and reasons for all of these companies to want to come here.
By Anonymous