REFURBISHMENT / NOT DEMO• Manchester market – filling the void• Common obstacles with existing building

stock• Case studies• Tower 12• 7 Dale house

• What’s next?

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?

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

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

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

National Coverage

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

Mosley Street Corridor

67-75 Mosle

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75 M

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75 M

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- Pr

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75 M

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- Pr

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WHAT’S NEXT…?

Watch this space….!Wat

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2 St. Peter’s Sq.

79 MosleyStreet

Please speak to us :OBI Property

0161 237 1717www.obiproperty.co.uk