Savills appointed to manage XYZ building in Manchester

24 October 2016

Union Investment has appointed international real estate advisor Savills to manage the XYZ building in Manchester, UK.   

XYZ is a new workspace building by Allied London located in Spinningfields and spans over 160,0000 sq ft, featuring a mixture of public amenity space including cafes, restaurants, meeting spaces and leisure facilities.  

Savills will be managing the building of seven floors, one of which comprises 20,000 sq ft of new enterprise space for innovative companies and start-ups in the financial technology industry known as The Vault.  The building will  be opening towards the end of 2016 and Global Radio, Shoosmiths and the NCC Group are all confirmed office tenants, while Drake & Morgan will open a restaurant and UP Fitness with operate a gym. The development has an excellent BREEAM rating and the XYZ work space will also offer flexible event areas plus a terrace, mezzanine bar and coffee shop.

“XYZ is a landmark building for Manchester’s business community and we very much support  the vision of developer Allied London to create an environment where there is a dynamic, collaborative approach to enterprise,” comments Tim Bretten, European Director of Property Management at Savills.  “Through the strategic property management of the building, we are confident that XYZ and The Vault will become a thriving hub for innovation and entrepreneurial spirit in the north.”  

Savills currently manages properties for Union Investment across Europe, including The Netherlands and France.  Savills also advised Union Investment on the acquisition of the XYZ building.

 
 

General Enquiries

Savills Margaret Street

 

Key Contacts

Tim Bretten

Tim Bretten

Director
Commercial, Europe

Savills Manchester

+44 (0) 161 277 7269

 

Ashley McKeown

Ashley McKeown

Associate
Press Office

Savills Margaret Street

+44 (0) 20 7409 8884