New Property: Holyhead Port
May 1, 2017
New joiner
June 12, 2017

New Property: Trinity Court

Helical PLC has appointed us to manage their new acquisition, Trinity Court, which is located on John Dalton Street in the centre of Manchester. The building provides circa 47,500 square feet of office space over seven floors. There are also two ground floor retail units. The offices will be refurbished next year when the current office occupants move to a new location.

Asset management executive, Will Parry from Helical, said: “This off-market transaction further complements our existing portfolio in Manchester, where occupier demand for well-located, good-quality assets in the centre remains strong. The supply of Grade A space is currently near an all-time low and there is a limited development pipeline, so Trinity Court represents an exciting proposition for us.” “Capitalising on these positive market dynamics, the asset is in an area that is undergoing significant transformation and offers attractive reversionary potential following the capital expenditure programme, as rents in the area start to reflect the quality of local occupiers.”