Carlyle Group has netted Allianz Insurance as the latest tenant at its 300,000 sq ft Colmore Plaza office block in Birmingham.
International insurance provider Allianz has signed a 15-year lease for 15,000 sq ft of office space on the 10th floor of the building. Rents were undisclosed, however, prime rents in the city hover around £25-£27.50 per sq ft.
Allianz will relocate and consolidate its commercial and engineering division from Trinity Park business park, just outside Birmingham on the M42, and a small office on Great Charles Street.
Mark Harris, managing director at Carlyle, said: “There has been a noticeable increase in activity in both the investor and occupier markets in the UK’s regional business centres recently, particularly in Birmingham, where we are seeing a great deal of interest in the remaining space at Colmore Plaza.”
Allianz joins existing occupiers including Marsh, Amey, Investec Wealth & Investment, Aecom, Orega, Aedas, Grant Thornton and Robert Half International.
lisa.pilkington@estatesgazette.com
