Aviva Investors fully-lets York Street office in Manchester

14 December 2023

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has completed a letting agreement for the remaining office space at 11 York Street in Manchester.

The deal will see Ecclesiastical Insurance occupy 6,529 sq ft on the third floor of the building, joining existing businesses which include Rolls Royce, AON, Gilbanks and Teneo, and means the building is now fully-let.

11 York Street is one of several buildings in Aviva Investors’ portfolio of properties in central Manchester, which includes 11 Portland Street, 40 and 55 Spring Gardens, as well as investments into the city’s Enterprise City and Circle Square developments. 

The agreement follows the complete redevelopment of the building by Aviva Investors after acquiring it in 2018, to create over 86,000 sq ft of Grade A office space, complete with amenity facilities, a private terrace space, two ground floor retail and leisure units each of 5,300 sq ft. Providing 58 cycle storage spaces at basement level plus showers, lockers and drying room facilities, 11 York Street has received a ‘Platinum’ CyclingScore accreditation, the highest level of available. The building has also been recognised with a WiredScore ‘Platinum’ rating, which assesses the capacity of a property to be digitally-connected and future-ready.  

Julian Cobourne, Head of Regional Investment Management at Aviva Investors, said:

“It is a pleasure to welcome another high-quality business to York Street in the form of Ecclesiastical, and to have reached full occupancy in the building. To do so in a relatively short time following redevelopment of the asset shows how businesses value well-curated and modern office spaces which have been designed to cater to their evolving needs. Manchester remains an important region in our real estate portfolio, and we are pleased to be able to support the continued growth and development of its office market.”

OBI and CBRE acted for Aviva Investors as office agents for the successful letting of the scheme.  

For more information contact:

Steve Ainger

Head of Media Relations

James Morgan

Media Relations Manager

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Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. Registered Office: St Helen’s, 1 Undershaft, London, EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority.

Aviva Investors

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with £223 billion in assets under management as at 31 December 2022.

AVIVA PLC

Notes to editors:

·        We are one of the UK’s leading Insurance, Wealth & Retirement businesses and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.

·        We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.

·        We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2022, we paid £23.2 billion in claims and benefits to our customers.

·         Aviva is a market leader in sustainability. In 2021, we announced our plan to become Net Zero by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030.  Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability

·         While we are working towards our sustainability ambitions, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. More information can be found at https://www.aviva.com/sustainability/climate/

·         Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/

·         As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our estimated Solvency II shareholder surplus is £8.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.

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Aviva Investors Global Services Limited

St Helen’s, 1 Undershaft, London, EC3P 3DQ

Phone          +44 (0)20 7809 6000

Fax                +44 (0)20 7489 7940

Web              www.avivainvestors.com

Email           info@avivainvestors.com

 

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805.

Registered Office: St Helen’s, 1 Undershaft, London, EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority and a member of the Investment Association.

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