Leeds' Wellington Place bags hat-trick of new signings

MEPC has announced that 3 Wellington Place, the latest building in the prominent Leeds development, has had various new signings since opening for business.

It has welcomed Mazars, Investec Wealth & Investment and HM Revenue and Customs (HMRC) to the Wellington Place community.

The three signings mark a step forward at the Wellington Place development, with the trio of companies collectively taking 87 per cent of the total floor space within Number 3, all of which have been secured within the first six months of the building opening.

James Dipple, chief executive of MEPC, said: “3 Wellington Place is the best new building in Leeds, so it gives us great pleasure to welcome these three prestigious businesses to the development.

“The speed of the take up of such a large building within the first six months is a major milestone for the development, and really does demonstrate the broad appeal to forward looking companies of the scheme.”

The first to make Wellington Place its new home is Investec Wealth & Investment, due to move in the fourth quarter of this year. The firm has acquired over 20,000 sq ft of BREAAM excellent-rated office space, 60 per cent larger than its current location.

The second of these signings is international accountancy and advisory firm, Mazars. Due to move into its new premises in November 2018, the relocation places Mazars in the heart of the thriving business community and enables the firm to house all of its 130 Leeds employees in one purpose-designed, modern space.

The third letting will see HMRC take 60,961 sq ft arranged across three floors. The fit out of the office space is due for completion in December 2018 and will accommodate around 1,000 civil servants.

With only 15,000 sq ft of office and retail space remaining at 3 Wellington Place, the next focus for MEPC will now be on 4 Wellington Place, with plans currently being finalised and a date expected by the end of this month.

4 Wellington Place, which offers six floors of space totalling 158,000 sq ft, is a key part of the master plan of 14 buildings offering in excess of 1.5 million sq ft of commercial, retail, leisure and residential accommodation.

The building aims to be completed in early 2020.