Wellbeing at Work: Oliver Thomas, OBI Property
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Transcript of Wellbeing at Work: Oliver Thomas, OBI Property
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REFURBISHMENT / NOT DEMO• Manchester market – filling the void• Common obstacles with existing building
stock• Case studies• Tower 12• 7 Dale house
• What’s next?
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FILLING THE VOID• Take-up of Grade A office space - one third of all transactions in
2015• Grade A office supply has reduced by 60% since the start of
2014• 2015 commencement of new build office schemes such as;• XYZ Building and No. 1 Spinningfields, • 101 Embankment at Greengate, • 2 St Peter’s Square, • One New Bailey
• Big Pre-lets• Prospects for beyond 2017• Does an exhausted Grade A office supply present an
opportunity?
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EXISTING BUILDING STOCK• Common obstacles with existing building stock• Natural light• Floor to ceiling heights• Access• M&E• Listed Status
• Impact on proposed building specification• Impacts occupiers ability to fit out
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CASE STUDIES – SEVENDALE HOUSE• SEVENDALE HOUSE• 65,000 sq ft• Grade II listed• Location – Northern Quarter• Dilapidated condition
• SUCCESS SUMMARY• Innovative raft design• Central atrium• High spec – challenging the Grade A Market• One of the best performing buildings in recent years• Fully let within 12 months of completion 2014/15
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CASE STUDIES – TOWER 12• TOWER 12• 60,000 sq ft• Concrete frame• Location – Spinningfields• Dilapidated condition
• SUCCESS SUMMARY• Market leading concept• Exposed services• Fully let prior to completion of refurbishment• One of the best performing buildings in 2012
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National Coverage
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WHAT’S NEXT…?• MARKET OPPORTUNITY• Deliver office space in 2016 early 2017• Occupier demand• Filling the void
• OBI PROPERTY• Refurbishments 2016• Albert Sq Portfolio• 30 Brown Street• Mosley Street Corridor
• 67 – 75 Mosley Street• 79 Mosley Street
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Mosley Street Corridor
67-75 Mosle
yStreet
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75 M
osle
y St
reet
- Pr
opos
ed
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75 M
osle
y St
reet
- Pr
opos
ed
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75 M
osle
y St
reet
- Pr
opos
ed
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WHAT’S NEXT…?
Watch this space….!Wat
ch th
is sp
ace…
2 St. Peter’s Sq.
79 MosleyStreet
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Please speak to us :OBI Property
0161 237 1717www.obiproperty.co.uk