Leeds office building secures three major occupiers following £11m transformation

Fiera Real Estate UK and Opus North have announced that three major occupiers have taken up two floors at its completed building, 12 King Street, in the heart of the Leeds Business District.

Global consultancy Arcadis is set to shift their local team to 12 King Street, a “modern, safe, and established building that provides a futuristic work environment”. Michael Page, a UK recruitment company is also set to occupy a floor in the building, relocating staff from its current location in Leeds.

Reward Finance Group, a funding provider, are the third party to sign up to the landmark building, which comprises 54,000 sq ft of Grade A space and features wide-reaching technology and energy-saving initiatives. These three occupiers join Endless and Rothschild who recently relocated their Leeds offices to 12 King Street.

A significant £11m transformation of the building, which was completed in June 2022, includes a “striking” new facade, a complete replacement of the fifth and sixth floors, a “state-of-the-art” cycle spa, extensive roof terraces and the addition of a sky lounge which offers a unique communal space for occupants.

Sustainability and environmental considerations have also been at the forefront of the design of the redevelopment. The scheme has achieved a 14 per cent reduction in carbon emissions, 29 per cent less energy consumption for heating and cooling, and 42 per cent less water consumption.

Ryan Unsworth, joint managing director at Opus North, commented “We are thrilled to secure three more major occupants who are relocating their main offices in Leeds to 12 King Street.

“It’s a real testament to what is happening in the office market - occupiers are seeking the very best, most-inspiring, workspaces for their teams and clients, as well as demanding buildings with strong sustainability and environmental credentials.”

Chris Button, head of value add at FRE UK, added: “We are delighted to have secured three market-leading occupiers for this landmark building, which has been substantially remodelled and refurbished to achieve our ambition of delivering a cutting-edge office space that promotes wellbeing and a truly future-proofed building in one of the UK’s major regional markets.”

Clair McGowan, associate director at CBRE, said: “This is truly a spectacular building which provides inspiring spaces to encourage creative thinking, team collaboration and social interaction. It is the workplace of the future following a comprehensive refurbishment with flexibility and technology at the heart of its redesign.”

By Matthew Neville – Senior Correspondent, Bdaily