A premium serviced office space provider has announced a new flexible working space in Manchester’s city centre.
Gilbanks – the Leeds-based service office provider – was recently appointed by Aviva Investors to operate a 22,000 square-foot workspace on 11 York Street in Manchester.
This new addition comes as part of Gilbanks’ continuing commitment to allowing professional communities to thrive by servicing them with contemporary office spaces that combine both form and function.
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The Manchester space is the company’s second overall – having opened a space at One Park Row in Leeds in 2018. A spokesperson for Gilbanks stated that the company designs spaces to “inspire younger workers back to the office.” This is a particularly pertinent aim given that many of the younger generations transitioned to working from home throughout the 2020 pandemic.
Gilbanks is the second company to partner with Aviva investors as Rolls-Royce SMR signed a deal for 10,000 square feet of space.
Alex Duckett, the managing director of Gilbanks, spoke of the new opening by stating “We have ambitious plans for Gilbanks and are always looking for the best sites and commercial partners for our offices.
“Aviva Investors has developed a fantastic building at 11 York Street, and we believe we have the potential to develop a thriving business community in the shared space that will create synergies for all tenants.”
The Manchester office supply is experiencing an upturn, with five new building openings over the next six months demonstrating a strong and bullish market. There has been a 66% increase in the number of office transactions when compared to 2021, and there’s expected to be an 11% GVA growth rate in Manchester over the next five years.
In 2021, the total office supply in Manchester city centre reached 3.8 million-square-foot, with grade A availability totalling 1.3 million-square-foot. This demonstrates a 6% increase since the end of 2020 – showing that development activity is continually on the rise.
Gilbanks aims to develop its workspace offering by allowing members to benefit from an events space that will host regular yoga sessions. The space also features a sky suite on the eighth floor where businesses can host events with a complete view of the city in sight.
Duckett also added “We design productive workspaces for professional people. It’s an approach that appeals to our partners and customers. Our customers have come to expect a level of product that sits apart from the competition, and we believe that our new Manchester offices will raise the bar in the city.”
The city in itself calls for more flexible office spaces due to its robust economy and being home to top international companies. That is to say, in 2021, Manchester had the second-largest economy in the UK – with approximately 22,850 enterprises residing in the city. Manchester also has outstanding transport links, making it easier for workers to travel to the centre for work.
With these capabilities already in mind, Gilbanks is expected to offer tenants facilitates that benefit their work regimes and foster a collaborative work environment. Speaking on this, head of regional offices at Aviva Investors Julian Cobourne stated Gilbanks is in a position to “offer facilities that put them front-of-mind.”
For more information about the workspace or to show your interest, call 0800 955 0380