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TH Real Estate agrees new letting at The Zenith Building, Manchester

The Zenith Building

TH Real Estate has agreed a new 5,130 sq ft (477 sq m) letting at The Zenith Building, Manchester with Bet365. The world’s largest online gambling company has increased its commitment to the building by agreeing a new five year lease on the whole of the second floor and removing its 2019 break clause in respect to the third floor.

This recent transaction follows lettings to Spacezero and Palatine over the last 12 months, taking the building to 93% let, with only a single upper floor plate remaining.

Designed by Ombler Iwanowski, The Zenith Building is one of Manchester’s most iconic buildings located in the heart of the financial core. It features 74,200 sq ft (6,893 sq m) of grade A office space.

Robin Hutchison, Asset Manager at TH Real Estate comments: “With its strong location, prime grade A office space, and flexible floor plates, The Zenith Building perfectly matches the needs of a wide range of occupiers. The letting success over the past year is testament to the strength of the building and the Manchester occupational market as a whole. We have had a very high level of interest from occupiers and anticipate the building will soon be fully let."

Disclaimer Issued by Henderson Real Estate Asset Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Henderson Real Estate Asset Management Limited provides investment products and services. The value of investments and any income will fluctuate (this may be partly be the result of exchange rate fluctuation) and investors may not get back the full amount invested. Where opinions have been expressed, they are based on current market conditions and are subject to change without notice.

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