Bruntwood scores a hat trick of office deals at Atria

Fri, 23 Jul 2010 15:34:56 GMT

Bruntwood, North of England commercial property company, has welcomed two new customers to Atria in Bolton and also let an additional 2,000 sq ft of office space to one of its current customers, MRH Solicitors Ltd.

Centric Sports Management has taken 575 sq ft and Best Practice Group has taken 400 sq ft at the building. MRH Solicitors Ltd, which specialises in personal injury claims, moved into Atria in December 2009, taking 3000 sq ft and following recent expansion plans now occupies 5,000 sq ft.

Mohammed Patel, Managing Director of MRH Solicitors Ltd said, "Atria is perfect for our office requirements and provides us with the flexibility to expand as our business expands. The building is very impressive, with an exceptional on-site customer service team, as well as being in an ideal location, just two minutes' walk from Bolton town centre."

Andrew Butterworth, Director of Sales at Bruntwood said "We're delighted to be able to accommodate MRH Solicitors Ltd's office requirement at Atria. This letting highlights the flexibility that Bruntwood offers in allowing customers to move seamlessly within our buildings, as their requirements change."

Bruntwood, which owns over 90 buildings throughout Manchester, Leeds, Birmingham and Liverpool, specialises in flexible leases across its property portfolio.

Having undergone an extensive refurbishment Atria offers some of Bolton's finest and most contemporary office accommodation. The building features an impressive reception area and an atrium with a glazed roof has been incorporated to provide a spacious break out area. A second fully glazed atrium has been installed which fills the offices with natural light. A wide variety of office sizes and solutions are available and with the help of its project management team Bruntwood aims to help make the most of the space available for clients by designing an office which meets their needs perfectly.

ENDS

Notes to editors:

About Bruntwood:
Bruntwood is a commercial property company with over 90 office buildings across Manchester, Leeds and Liverpool as well as Birmingham office space.

The company specialises in providing virtual offices, meeting rooms and bespoke office space from one desk for a month through to whole buildings for 25 years. Bruntwoood's customers also have the flexibility to move seamlessly across our building portfolio in line with changes to their business. Customer service is at the heart of the company's approach, with over half of Bruntwood's employees working in customer facing roles.

Bruntwood believes in sustainable cities that provide vibrant places for people to work and live. Each year it invests in the life of the cities it operates in by donating 10% of profits to arts, charitable, civic and environmental causes.

Bruntwood purchase City House in Leeds

Mon, 12 Jul 2010 12:36:22 GMT

Bruntwood, the commercial property company has announced the recent purchase of City House in Leeds city centre marking Bruntwood's fifth acquisition in the city in as many years.

Comprising 120,000 sq ft of office space over 12 floors, City House is situated above Leeds central train station and is currently in a shell condition having been stripped out by the building's previous owners. Now, family-owned Bruntwood plan to work closely with Network Rail and Leeds City Council to regenerate this landmark building, incorporating Grade A office space and serviced office space to accommodate all sizes of business, and in addition there will be meeting and conferencing spaces for hire.

The acquisition of City House will bring Bruntwood's total Leeds office space offering to 390,000 sq ft, spread across the buildings of West One, Hepworth Point, West Gate and 14 King Street. Currently, Bruntwood are running at 95% occupancy across the Leeds portfolio.

Like all Bruntwood buildings, City House will be both owned and managed by Bruntwood, with an onsite customer service team overseeing day to day management of the building. This ensures customers can focus on running their business.

Craig Burrow, Bruntwood's Head of Sales and Development in Leeds, commented: "Bruntwood are delighted with the purchase of City House and we are looking forward to transforming and managing the building in the long term. With extensive experience of similar schemes in Manchester, Liverpool and Birmingham, we're confident that we can revitalise the building, enhancing the building's existing infrastructure in what is without doubt, a fantastic business location in Leeds city centre.

"We believe in investing in the fabric of the cities we operate in and wherever possible, we recycle buildings instead of knocking them down and starting again. This is part of our company ethos to avoid waste and help create sustainable cities.

"We're looking forward to playing a greater role in the Leeds's property market and we're keen to acquire more space in the future. Bruntwood offer flexible leases and a wide variety of office space, but expanding further in Leeds will provide our customers with the additional flexibility to grow within the Bruntwood portfolio."

Ends

Notes to editors:

About Bruntwood:
Bruntwood is a commercial property company with over 90 office buildings across Manchester, Leeds and Liverpool as well as Birmingham office space.

The company specialises in providing bespoke office space from one desk for a month through to whole buildings for 25 years. Bruntwoood's customers also have the flexibility to move seamlessly across our building portfolio in line with changes to their business. Customer service is at the heart of the company's approach, with over half of Bruntwood's employees working in customer facing roles.

Bruntwood starts new Business Breakfast scheme

Thu, 03 Jun 2010 11:55:37 GMT

Bruntwood has organised a new 'Breakfast by Bruntwood' morning programme as part of its quarterly breakfast seminars held at the company's most recent investment, the reinvigorated McLaren Tower.

The purpose of these new breakfast business meetings is to provide an appropriate scenario for officials at Bruntwood to discuss issues regarding the company, the projects it is involved in and developing within the region of Birmingham.

Regarding the future of the Midlands Business Breakfast, Chris Oglesby said, "We're exceptionally keen to play an integral part in the city's future and allied to our property plans for the city, these breakfast events are a great way to help integrate the business community further. Bringing a group of likeminded people together to discuss topics key to Birmingham's long-term development will hopefully go some way to achieve this."

The first of the new events proved to be a great success as Birmingham International Airport's chief executive, Paul Kehoe, announced BIA's response to the scrapping of Heathrow's Runway 3, whilst renowned Birmingham architect, Glenn Howells added further insight into the city's major transport issues and possible solutions, such as High Speed Rail 2.

Peter Crowther, Bruntwood's Development Director, chaired the seminar and debate, "A large part of our success within our £1billion property portfolio has been our commitment to service and quality. We see the opportunity to offer informative seminars and debates on matters of interest to the business community we serve as key to this."

Bruntwood purchased Mclaren in 2008 and commenced its development project to refurnish the building which cost close to £7million mark.

About Bruntwood:
Bruntwood is a privately owned commercial property company with over 30 years experience of providing great offices. Bruntwood owns over 90 office buildings and has office space in Liverpool, Leeds office space, Manchester and also has Birmingham office space. Bruntwood provides office space, serviced offices including serviced offices in Birmingham, virtual offices in Birmingham and virtual offices in other cities, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

Bruntwood attracts major new customer to Halyard Court

Fri, 28 May 2010 11:28:53 GMT

Bruntwood, a North of England property company, has attracted the North West Collaborative Commercial Agency (NWCCA) to take 9,000 square feet at Halyard Court, in Salford Quays.

The NWCCA is a collaborative commercial and procurement organisation established by the National Health Service and drives improved procurement and commercial efficiencies across the North West health economy.

Blending public sector values with private sector ethos the NWCCA maximises the NHS's enormous purchasing power, not just to save money, but also to improve quality, patient safety and reduce inefficiencies. Over the past five years, it has helped Trusts to achieve savings of more than £110 million which has been reinvested to further enhance the quality of patient care.

Talking about the collaborative, Michelle McCusker, the head of business and performance at the NWCCA, said "Our office requirements were specific. We were looking for good quality, cost effective, office space that was more economical than our previous arrangement and flexible enough to work with our contract dates and future expansion plans. Bruntwood has been more than helpful in accommodating our needs at Halyard Court".

Halyard Court is undergoing extensive public realm improvements, including a new entrance leading directly to the Quays, as well as landscaping and signage works to provide the building with further prominence in the area.

Bruntwood are renowned for letting office spaces, serviced office spaces and virtual office spaces in the Manchester and the Greater Manchester area as well as across the rest of the United Kingdom.

About Bruntwood:
Bruntwood is a privately owned commercial property company with more than 30 years experience of providing great offices. Bruntwood owns more than 90 office buildings in Liverpool, offices in Birmingham, Manchester and Leeds. It provides office space, serviced offices, virtual offices, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Each year Bruntwood donates at least 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

Bruntwood attracts more customers to Sale Point

Thu, 27 May 2010 15:28:51 GMT

Bruntwood, the privately owned commercial property company, has announced that debt management company, Harrington Brooks and Trafford Housing Trust have both taken up office space at Point Sale in Greater Manchester, with each company taking 16,375 sq ft and 21,110 sq ft respectively. This now means 80% of office space available at the property has been pre-let, three months before refurbishments are due to complete.

Andrew Butterworth, Sales Director at Bruntwood said: "We are delighted to welcome these new customers. These deals truly reflect the high quality and cost effectiveness of the office space available and our ability to successfully accommodate business specific requirements."

Sale Point is currently undergoing an extensive refurbishment to create high specification offices with a new entrance and reception on Washway Road in Sale.

Matthew Cheetham, Chief Executive Officer at Harrington Brooks said: "We're impressed with the way the new works are shaping up. The new reception and entrance will provide an impressive welcome for our staff and visitors and we’re looking forward to taking occupation at the building this summer."

With this 37,485 sq ft of offices secured, Bruntwood and retained agents King Sturge and WHR are now talking to other parties regarding much of the remaining 9,656 sq ft of office space.

END

About Bruntwood
Bruntwood is a privately owned commercial property company with over 30 years experience of providing great serviced offices. Bruntwood owns over 90 office buildings in Liverpool, Leeds, Manchester and Birmingham. They provide office space, serviced offices, virtual offices, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Over 220 people, many from hotel, hospitality and facilities management backgrounds are employed directly in Bruntwood's buildings. Bruntwood's service is demonstrated no better than in its customers' willingness to recommend the company, which is three times higher than the UK's service industry average.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

Bruntwood expands its serviced office portfolio in Manchester

Fri, 19 Mar 2010 14:16:08 GMT

Bruntwood, the North of England commercial property company, has announced that it is to open up a new floor of serviced office space at Manchester's Centurion House on Deansgate. This will take its serviced office portfolio to over 1800 desks across Manchester, Liverpool, Leeds and Birmingham.

The new suites will provide additional cost efficient office space for small to medium sized businesses who want to be located on Deansgate, a high profile location right in the heart of the Manchester city centre. Customers in the newly developed space will also benefit from contemporary communal areas, onsite meeting rooms and a dedicated customer service team.

The building on Deansgate is owned and managed by Bruntwood and combines two floors of serviced office space alongside nine floors of conventional office space and ground floor meeting rooms.

Andrew Butterworth, Bruntwood’s Sales Director commented; “Demand for our serviced offices has always been strong. Our fully integrated office buildings where our serviced and conventional office customers work side by side have proven very successful, particularly in the current climate. This is because we can offer customers the ability to take short term serviced office space and then move into longer term conventional offices within the same building.”

The new serviced office suites will be available for occupation from May and the suites will be available to view from April.

Bruntwood currently proactively own and manage 90 properties across the cities of Manchester, Liverpool, Leeds and Birmingham, which are home to over 1,000 companies.

ENDS

About Bruntwood
Bruntwood is a privately owned commercial property company with over 30 years experience of providing great offices. Bruntwood owns over 90 office buildings in Liverpool, Leeds, Manchester and Birmingham. They provide office space, serviced offices, virtual offices, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

Bruntwood reports 2009 results

Mon, 15 Mar 2010 11:31:01 GMT

North of England commercial property company Bruntwood has filed its latest set of accounts for the financial year 2009, reporting an increase in turnover of 11.5% to £97m and operating profit of 9.5% to £12.6m.

Chris Oglesby, Bruntwood’s chief executive, said: "Against a very difficult economic backdrop, I am proud of the way our team at Bruntwood have, once again, responded in delivering another very good set of results. Property values may have fallen in response to the investment market but the underlying fundamentals in our business continue to improve, as evidenced by the 9.5% increase in profit before tax up to £12.6m."

Further to a full revaluation of the portfolio by Knight Frank in September 2009, Bruntwood’s fixed assets now stand at £912m. This figure is down seven per cent on last year and is the first time in the company’s 30 year history it has seen a reduction in its property values.

Chris Oglesby said: "Whilst a drop in our property values was not unexpected, our conservative approach to valuations at the top of the market has meant they have held up exceptionally well. Our September year end was at, what we believe, to be the bottom of the market. Since then, there has been a considerable rally in property values and I am confident we will see the value of Bruntwood’s portfolio grow again in our 2010 financial year. That said, more important to us as a business is income, the true value that we are creating via the lettings we achieve. In this respect, the business remains incredibly healthy with rental income being 216% of our interest costs.

"Our performance through the economic downturn, allied to the feedback we get from our customers and business partners, reinforces our belief that we have a great business model and a great team. 2010 is likely to be a year when Bruntwood start to invest again in expansion and we look forward to the year confident and enthusiastic with, as ever, our customers at the heart of everything we do.”

About Bruntwood
Bruntwood is a privately owned commercial property company with more than 30 years experience of providing great offices. Bruntwood owns more than 90 office buildings in Liverpool, Leeds, Manchester and Birmingham. They provide office space, serviced offices, virtual offices, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Each year Bruntwood donates at least 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

Bruntwood welcomes new years lettings

Tue, 09 Mar 2010 15:52:13 GMT

Bruntwood, the North of England property group, is enjoying a busy start to the year after securing four new lettings at the Cotton Exchange in Liverpool’s commercial district.

Lettings totalling 6,100 sq ft of office space have been agreed with HH Law, iProgress, Medicals Direct and MJP Justice at the Grade II listed building.

Medicals Direct, a health service provider to the insurance sector, has taken a 1,000 sq ft office on the building's fifth floor. The company has also let a 3,000 sq ft suite in Bruntwood's St Christopher House property in Stockport. Personal injury specialist HH Law has signed a three-year lease on a 700 sq ft refurbished office.

Web design company iProgress is moving into a 400 sq ft suite on the sixth floor of the building, upgrading from a 200 sq ft office. Law firm, MJP Justice is also doubling its space in the Cotton Exchange, expanding from 2,000 sq ft to 4,000 sq ft. Both leases are for three- years.

Colin Forshaw, head of sales at Bruntwood, said: "These new lettings mark another great start to the year for Bruntwood and we are pleased to welcome such a wide range of businesses into the Cotton Exchange.

"The building remains one of our most popular properties and we've worked closely with our tenants to ensure they have the type and size of suite that they need. Lettings to companies such as Medicals Direct highlight the flexibility that Bruntwood offers in allowing customers to move seamlessly within our buildings as their business requirements change and they look to up or downsize."

Paul Hampson, director at HH Law, said: "The Cotton Exchange was the perfect location for our business because it's crucial for us to be located at the centre of the commercial district and legal community, close to clients, the courts and partners."

Bruntwood, which owns nine major office buildings in Liverpool city centre, including Oriel Chambers and flagship building, The Plaza, specialises in flexible leases across its property portfolio. Bruntwood offers offices from 200 sq ft upwards with flexible letting lengths and suite specification.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

ENDS

Bruntwood attract first customer to St Hugh's in Bootle

Mon, 08 Mar 2010 17:08:14 GMT

Bruntwood, property company based in the North of England, has attracted its first customer to St Hugh's in Bootle. Asset Training and Consultancy have taken 2,515 sq ft of office space on the first floor of the building.

Peter McEvoy, Managing Director of Asset Training and Consultancy said: "We're delighted to be a customer at St Hugh's. We were looking for a higher quality office than our previous accommodation without having to greatly increase our occupational costs and Bruntwood were able to comfortably accommodate our requirements at St Hugh's."

Colin Forshaw, Head of Sales said: "We've purposely developed the building so it can accommodate a diverse range of customers in suites, from 450 to 4,500 sq ft. In doing so, we’re giving small to medium sized businesses access to some of the highest quality office space in Bootle at a highly competitive price, all delivered with a level of service that’s difficult to find outside our portfolio. It also means we’re able to offer our Liverpool customers a greater variety in product and price along with the flexibility to move around our portfolio as they require."

St Hugh’s has recently undergone a £3.6million refurbishment, including a new reception and a selection of Liverpool office space ranging from160 - 48,000 sq ft.

About Bruntwood
Bruntwood is a privately owned commercial property company with over 30 years experience of providing great offices. Bruntwood owns over 90 office buildings in Liverpool, Leeds, Manchester and Birmingham. They provide office space, serviced offices, virtual offices, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings, including meeting rooms in Liverpool. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Over 220 people, many from hotel, hospitality and facilities management backgrounds are employed directly in Bruntwood's buildings. The company's service is demonstrated no better than in its customers' willingness to recommend it, which is three times higher than the UK's service industry average.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

ENDS

Bruntwood begins 2010 with office lettings in Leeds

Mon, 08 Mar 2010 11:24:30 GMT

Bruntwood, the commercial property company, has announced six new deals within their Leeds city centre office portfolio totaling 22,598 sq ft.

The most recent deal has been with Skills for Care who have taken 12,215 sq ft of Leeds office space at West Gate, which follows on from two deals at West One to RiskMetrics UK and David Smith Photography, who have taken 1,300 sq ft and 293 sq ft respectively.

Bruntwood's letting success also continues at its recently refurbished 14 King Street, where the company has agreed a further three new lettings with Maples & Calder for 5,307 sq ft, Hitchenor Wakeford for 2,323 sq ft and Healthcare Locums plc for 1,160 sq ft of offices in Leeds.

Craig Burrow, Bruntwood’s head of sales in Leeds, said: "We're delighted with the way we've performed in the first two months of this year. Our letting success is testament to, not only, the quality of product, value for money and flexibility we’re able to offer our customers, but also the level of customer service we’re able to provide at all of our buildings."

Looking forward to the rest of 2010, refurbishment works are now underway at Bruntwood's Hepworth Point property, which Leeds Metropolitan University is in the process of vacating.

Craig Burrow said: "Upon completion in the spring, Hepworth Point will provide ten floors of high specification, air conditioned, offices. Fundamentally, the building will be available on a floor by floor basis from 3,272 sq ft to 4,968 sq ft, but it also provides a rare opportunity for an occupier to acquire a self contained office building of 44,500 sq ft with secure basement car parking."

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

ENDS

Bruntwood to let a further 5000 sq ft in Leeds city centre

Fri, 28 Aug 2009 12:40:30 GMT

Bruntwood, the North of England property company, has let a further 5000 square feet in Leeds city centre with two new deals at 14 King Street. These recent lettings are to The Co-operative Bank Plc and Freedom Back Clinics, who are taking 2447 and 2642 sq ft respectively.

Bruntwood's head of sales and development in Leeds, Craig Burrow, said: "We're delighted to welcome both The Co-operative Bank and Freedom Back Clinics to 14 King Street. These deals highlight the fact the building continues to go from strength to strength and, since completing in January, we're now 40% let. As such, we're confident this success will continue."

Both companies will join existing customers Charles Stanley Group Plc, Gatenby Sanderson and Venture Finance Plc at the building, leaving 22,000 sq ft of office space still available to let for which there is continued and strong interest.

Craig Burrow continued: "14 King Street offers high quality product in a prime and core location and has the ability to accommodate enquiries from 355 sq ft upwards. This combination of flexible and competitive terms, alongside a strong customer service focus, has clearly contributed towards the success to date."

The Co-operative Bank Plc and Freedom Back Clinics leases will be with Bruntwood and not the building itself, meaning they both have the opportunity to up and down size throughout Bruntwood's ninety-building portfolio, as their business requirements change. This ability to expand and contract customers is a key part of Bruntwood's service oriented approach and something fifty Bruntwood customers have taken advantage of in the past twelve months.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

Bruntwood buildings to become green laboratories

Mon, 24 Aug 2009 14:30:23 GMT

Bruntwood, in partnership with the University of Manchester, has announced that its Eco Cities Initiative for Sustainable Cities, will use office buildings as 'living laboratories' to test climate change adaptation methods.

Climate modelling undertaken by the Forestry Commission suggests that by 2080, the temperature in Manchester will mirror that of the current climate in Naples. This will mean that during the height of summer, the temperature in a typical office building will reach up to 28°C.

Michael Oglesby, Chairman of Bruntwood said: "Although the battle to gain acceptance of global warming is now almost won, the task of gaining a clear understanding of what practically and realistically can be done to adapt to its impacts is to a large extent still the topic of much debate and uncertainty."

Climate modelling predicts changes to the rainfall in the UK, which will become heavy and more infrequent compared with the fine and persistent rainfall the UK is used to. Such changes in the climate will have a significant impact on the way people live and work.

The Eco Cities project will explore methods of adapting existing office space to the effects of climate change to ensure comfortable working conditions can be maintained, without relying on energy hungry technology.

Working with a global network of individuals and organisations, the project will provide Greater Manchester with a blueprint for a climate change adaptation strategy that will become a resource for planners and other relevant stakeholders with a responsibility for action in this field.

In addition to the adaptation of commercial property, it will also equip Greater Manchester with knowledge and understanding on how its public spaces and homes need to adapt.

Michael commented, "Reducing our output of CO2 is a task requiring government action but of equal importance is a clear understanding at city and individual level as to the vital role that they have to play in adapting our urban areas to a changing climate.

"Eco Cities aims to make a major contribution to the adaptation debate and to give clear and scientifically verified guidance to local government, companies and individuals.

"There has been much talk, and some legislation, directed towards new infrastructure and buildings but little has been aimed at the adaptation of existing stock which, for some considerable years to come, will far exceed the new.

"It is in this area that Eco Cities will direct much of its energy and seek to provide practical and realistic solutions."

About Bruntwood:
Bruntwood is a privately owned commercial property company with over 30 years experience of providing great serviced offices. Bruntwood owns over 90 office buildings in Liverpool, Leeds, Manchester and Birmingham. They provide office space, serviced offices, virtual offices, from one desk for one month, to entire office buildings for 25 years. Bruntwood also offers retail space and meeting rooms to hire within its buildings. The essential elements of the Bruntwood promise are to provide a wide choice of offices, commercial flexibility, world class customer service and long-term value for money.

Each year Bruntwood donates over 10% of its annual profits to arts, civic and charitable causes and takes every opportunity to involve its customers.

About Eco Cities:
The project seeks to provide Greater Manchester, by the end of 2011, with a climate change adaptation blueprint. This will be based on leading scientific research, extensive stakeholder engagement and best practice examples of new programmes successfully piloted during

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