Lender relocates to St James’ Building

DF Capital, a commercial and personal savings bank, has doubled the size of its headquarters with a move across Manchester from 196 Deansgate to 9,500 sq ft at the Oxford Street complex.

The 80-strong firm formally relocated to a newly refurbished ninth floor office at St James’ Building, owned by Bruntwood Works, earlier this month.

The space includes meeting rooms, a training centre and a wellbeing lounge as well as an outdoor terrace.

Carl D’Ammassa, chief executive of DF Capital, said: “We are all very excited to be moving into St James’ Building. It’s an iconic location with great character and our new office provides a modern environment in which to work, collaborate and further continue our entrepreneurial spirit.

“We expect the larger workspace, great community and superb facilities will attract talent from across the region as we mark the start of the next phase of our strategic growth plan.”

Dominic Pozzoni, director and head of Colliers Manchester, advised DF Capital on its move. He said: “St James’ was identified as ideally suited to accommodate DF Capital’s expansion and growth.

“From the outset of the property search, it was important to find somewhere which would not only would facilitate DF Capital’s growth, but also offer a workplace environment which would encourage collaboration, something which, post lockdown, all businesses are so very focussed on providing.”

DF was authorised as a bank last year, meaning it could start to offer personal savings accounts on top of its commercial business. D’Ammassa was previously chief executive at SME lender White Oak, and group MD at Aldermore before that.

Recent full year results stated that DF Capital’s loan book grew by 36% in the 12 months ending 31 December 2020.