Trio of new deals completed at Leeds city centre's Minerva building

Evans Property Group has confirmed the completion of a trio of new deals at the refurbished Minerva building within Leeds city centre’s £25m Bond Court development.

The group has leased office space to Sentio Partners LLP, Proact IT and FRP Advisory.

The three businesses will take up residence at the upgraded Minerva building, which has office accommodation arranged over ten floors.

Sentio Partners LLP, the independent corporate finance firm, is taking 2,600 sq ft on a ten-year lease with a five-year break.

Proact IT, the independent data centre and cloud services provider, is taking 2,600 sq ft on a 10-year lease. Previously based in Marshall Mill, Water Lane, the company’s relocation places it more centrally in the city.

FRP Advisory, the business advisory firm, is taking 2,600 sq ft on a 10-year lease with a five year break. FRP Advisory has recently bolstered its position in the North by merging with independent insolvency specialist BWC and will consolidate two functions into Minerva.

This summer, Evans Property Group completed a £25m investment into reviving the Bond Court area of Leeds city centre, revamping a host of commercial and leisure services.

In collaboration with Leeds City Council, the team’s five-year project has now transformed the business district, with the new Minerva and Capitol office buildings providing Grade A, BREEAM Excellent space.

Bond Court is also home to the 5 boutique Dakota Deluxe hotel, several restaurants and revitalised public spaces.

Minerva has attracted a host of lettings, including discretionary investment manager, Standard Life Wealth; property firm BNP Paribas; global financial services company UBS and law firm Gateley. Existing occupier CDI AndersElite has also expanded into a larger suite.

Richard Bean, asset manager of Evans Property Group, said:“Leeds is home to the UK’s leading professional services businesses and its office market has witnessed a real boom in demand.

“The transformation of the Minerva building has attracted a range of flagship businesses, who all want to be part of this hugely desirable office and leisure destination. We are delighted to welcome Sentio Partners, Proact IT and FRP Advisory into the Minerva community.”

Alex Hailey, associate director of CBRE Leeds, who are joint agents with JLL, added: “Minerva provides offices of the highest quality which have been further enhanced thanks to the Bond Court regeneration and the welcome addition of the Dakota Deluxe.

“It’s no coincidence that we have achieved three lettings since the completion of the hotel, as Minerva not only provides an exceptional working environment, but now also offers a hugely attractive leisure destination for tenants right on the doorstep.”

Clem McDowell, senior surveyor, JLL Leeds who are joint agents with CBRE, commented: “The fact we have completed three lettings in such a short period of time demonstrates the high quality of the building and that occupiers looking for space in the traditional office core are selecting the very best available.

“Whilst both the Minerva and Capitol buildings have a small amount of space remaining we are confident of further letting success.”

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