Santander latest to sign at Manchester’s Landmark
Landlord Barings Real Estate has agreed to let 14,000 sq ft to the Spanish bank for the next 11 years.
Santander UK has signed to occupy the eighth floor of the 180,000 sq ft Landmark, located just off St Peter’s Square.
Santander is relocating its Manchester office from Sovereign House on Deansgate.
The banking giant’s arrival at Landmark follows closely behind that of Xero, which signed to take the top floor at £40/ sq ft, a new headline rent for Manchester.
Other occupiers within the building are Allianz, JLL, RSM, HSBC, Grant Thornton, and flexible workspace provider Industrious. There is around 40,000 sq ft left available at Landmark.
“Santander UK is a welcome addition to our occupier base at Landmark and we are looking forward to the team becoming operational in their new office,” Ian Mayhew, managing director of UK Asset Management at Barings.
“We have invested heavily in our occupier experience and the building’s environmental and technological credentials and we are pleased this is being recognised. We are delighted to have secured over 40,000 sq ft of new lettings at Landmark in Q4 2022 alone. We have strong interest in the remaining last floors and look forward to making further announcements in due course.”
Colliers represented Santander on the deal.
Dan Margolis, senior surveyor at Colliers, said: “The award-winning Landmark is an exceptional workplace in Manchester’s premier business district and every detail from health and wellbeing, customer experience, digital connectivity to the environment has been considered.
“This, coupled with being located in the same building as other global occupiers will create an excellent working environment for the Santander UK team.”
Leasing agents on Landmark are CBRE and JLL.