Catalyst’s Ship Canal House secures first tenant

                              Catalyst Capital has secured the debut letting at its refurbished Ship Canal House in central Manchester.   Fortis Bank has signed for 4,185 sq ft on a 10-year lease, paying £28 per sq ft.   It will move from its former premises at the Observatory on Chapel Walks.   The 10-storey Ship Canal House, on King Street, is one of Manchester’s best known office blocks and dates from 1924.   Catalyst Capital acquired it for £19.3m in 2005 and is undertaking a refurbishment of the 70,000 sq ft of space.   Jones Lang LaSalle and GVA Grimley are letting agents.   david.quinn@egi.co.uk