Three-quarters of the 12-strong list of companies willing to financially back the UK commercial property market are made up from the German banking sector.
Two UK banks and one Spanish bank complete the list which comes from a Savills Report released at the EXPO property trade fair in Germany today.
Barclays is to take office space in Manchester‘s Spinningfield’s business district. The banking giant was scheduled to take 80,000 sq ft at 3 Hardman Street which was to be used for the Barclaycard division, but changed it’s mind on the deal. The deal which has gone through is a 15-year lease for 36,000sq ft of space. The bank will place it’s Commercial Banking division, moving 270 staff from around the City into one location.