Back
News

Schroders signs deal with Fieldfisher

Law firm Fieldfisher has sealed a deal with Schroder Real Estate to occupy 11,342 sq ft at No. 1 Spinningfields in Manchester.

Fieldfisher will take up the 17th floor of the 19-storey office building at a rent of £37.50 per square foot. Schroders took a surrender of the 17th floor, which was leased to a business lounge operator, to seal the deal.

This means 13% of the 310,000 sq ft office is now vacant.

Makoto Fukui, head of strategic partnerships at Schroder Real Estate, said: “Achieving this letting at a time of more general market uncertainty is testament to the quality of the building, our high standard of tenant services and the amenities both within No. 1 and the wider Spinningfields estate.”

Cushman & Wakefield and Norton Rose Fulbright advised Schroders on the deal. Fieldfisher were represented by OBI.

To send feedback, e-mail lucy.alderson@egi.co.uk or tweet @LucyAJourno or @estatesgazette

Image courtesy of PR

Up next…