Completion of £41.5m Belvedere Office Building, Central Manchester

11 February 2009

Orchard Street Investment Management LLP, a leading UK specialist commercial property investment manager, today announces the completion of its £41.5 million top class 100,000 sq ft office building in Booth St, Central Manchester.

The scheme, built by Wilson Bowden, is the most central new office development to be completed in the last 12 months in Manchester. The building combines top specification, with large floors, great views, and ample on site car parking.

Phillip Rodger, Head of Asset Management at Orchard Street Investment Management, said:

“Belvedere is a first class addition to our client’s portfolio and is attracting significant interest from a wide variety of prospective tenants. The combination of state of the art facilities, great layout and a first class location are giving the building a great appeal.Our policy is always to seek to populate our buildings with a multi-tenant community of occupiers and that is exactly what the prospective demand suggests for the project.”

Letting agents for the project are WHR Property Consultants and Jones Lang LaSalle, who are quoting rents of £28.50 per square foot.

END

For more information:

Dido Laurimore/ Talia Shirion
FTI Consulting
+44 (0)20 3727 1000
osim [at] fticonsulting.com

Notes to Editors:

Orchard Street Investment Management

Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £4.2 billion of AUM (as at 30 June 2022). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.