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Unity confirms Brindleyplace extension

Nine-Brindleyplace-THUMB.jpegUnity Trust Bank, has extended its lease at Birmingham’s Nine Brindleyplace until 2020.

The specialist banking services provider will remain in its current 9,297 sq ft office, on part of the second floor.

Margaret Willis, CEO, of Unity Trust Bank, said: “While we considered alternative offices and relocation options around the city, we kept coming back to Brindleyplace. This is a unique environment within Birmingham, offering a clean and safe place that creates a sense of wellbeing amongst our workers.”

Unity Trust Bank will join existing office tenants at Nine Brindleyplace including DAC Beachcroft LLP, Free Radio, and Odgers Berndtson.

Brindleyplace estate owners Hines Global REIT and Lone Star are also converting space on the ground floor of neighbouring Three Brindleyplace from offices to leisure use, where two new restaurants CAU and Zizzi will open shortly.

Five buildings on the Brindleyplace estate – owned by Hines and Lone Star and asset managed by Hines UK, Moorfield Group and Hudson Advisors – are being sold with a price tag of circa £285m

Hines and Lone Star kicked off the sale of the buildings – which total 638,400 sq ft – earlier this year. A deal is close to signing on Three, Four, Five, Six and Nine Brindleyplace via advisors Colliers International and CBRE.

Cushman & Wakefield acted for Unity Trust Bank, and Colliers International and Bilfinger GVA acted for Hines and Lone Star on the lease extension.

lisa.pilkington@estatesgazette.com

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