Barings Real Estate has leased the 14,013 sq ft seventh floor of its Landmark office development in Manchester to Vanguard.
The global investment management firm has signed a 10-year lease at the BREEAM Excellent rated 180,000 sq ft building on St Peter’s Square, for its first office outside London.
Vanguard will join Starling Bank, Santander UK, RSM, Xero, HSBC UK, Allianz Insurance, Grant Thornton, JLL and social enterprise Change Please in the building, where three floors are still available to let.
Ian Mayhew, managing director, UK asset management at Barings, said: “To be the home of Vanguard’s first regional office is a huge coup and continues a very strong run of lettings at Landmark. We’ve worked really hard putting all the building blocks in place to provide an exceptional workspace and building experience. We are pleased this is being recognised by occupiers and we are continually evolving our offer to ensure that we are leading from the front.”
Sean Hagerty, head of Europe at Vanguard, added: “We are delighted to confirm we plan to expand our footprint in the UK, and open an office in Manchester. The office will allow access to a new talent pool, and help us serve investors across the UK and Europe.”
CBRE and Colliers acted for Barings. Vanguard was advised by JLL.
