DAC Beachcroft is relocating from 3 Hardman Square in Spinningfields into Barings’ 180,000 sq ft Landmark office building on St Peter’s Square in Manchester. The full-service international law firm has signed a 10-year lease for the 13,228 sq ft 12th floor and is anticipated to take occupation this coming Autumn once fit-out works have completed.

DAC Beachcroft will join existing high-profile occupiers HSBC UK, JP Morgan Chase & Co, Allianz Insurance, Grant Thornton, JLL, Vanguard, Starling Bank, Santander UK, RSM, and Xero in Landmark. Following the latest letting, only the 4th and 6th floors are available for occupation.

Barings’ forward-thinking approach to integrate technological infrastructure, sustainability, well-being and customer experience into the design and operation of Landmark has led to it securing a raft of global occupiers in quick succession. Key features such as contactless technologies enabling touch-free movement within the building, a dedicated cycle storage and maintenance hub, high-quality showers and changing facilities, electric car charging spaces and Amazon lockers for package delivery and returns all add to the offering at the BREEAM Excellent and Wired Score Platinum development.

Ian Mayhew, Managing Director, UK Asset management at Barings, said: “The world-class office experience we set out to cultivate at Landmark has truly been realised and to be adding another international occupier to the tenant roster really cements this. In order to reflect the evolving needs of occupiers in a world where sustainability, technology and experience are paramount we paid keen attention to this within its design and delivery to make Landmark stand out in these crucial aspects.”

Philip Harman, Partner and Head of DAC Beachcroft's Manchester office, said, "As a business we are committed to flexible working and, for our 3,000 colleagues across the UK and internationally, delivering on that commitment means creating office spaces where we can meet, collaborate with each other and our clients, and do our best work. We are confident that Landmark will provide us with a high-quality working environment, and we are also impressed with the building's strong emphasis on sustainability and wellbeing."       

Dominic Pozzoni, Head of Manchester Office at Colliers, said: “Landmark continues to remain a highly sought after building, owing to its great location at St Peter’s Square, sustainability credentials, flexible floor plates and stunning views over the Manchester City skyline. We look forward to securing lettings on the final two floors in due course.”

Rhys Evans, Associate Director, Tenant Representation at JLL added: “After a full search of the market and exploration of a number of different options, Landmark ticked all the boxes for DAC Beachcroft for their new office. The building is well located and provides certainty on being able to deliver a new high calibre working environment, a key component of their search criteria.”

Leasing agents for Barings on Landmark are JLL, CBRE and Colliers. DAC Beachcroft was represented by JLL.

Barings Real Estate
Barings Real Estate (BRE) is a part of Barings and offers a broad range of global investment opportunities across the private debt and equity investment markets. BRE invests in all major property sectors and offers an expansive range of financing solutions to real estate borrowers. Follow us on LinkedIn at www.linkedin.com/showcase/barings-alternative-investments.

About Barings
Barings is a $381+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment.

*As of December 31, 2023

Landmark
Landmark Manchester is a prime office development in St Peter’s Square. Landmark provides 180,000 sq. ft. of Grade A, BREEAM Excellent, modern and flexible office space over 14 floors with a mixture of retail and leisure business opportunities on the ground floor. Designed by world renowned Architects Squire & Partners, the development offers next generation office space, delivering a professional environment that is both impressive and bold as well as efficient and well-connected.

For media enquiries please contact:
Faye Binns at Space PR on 0161 669 7200 / 07793 401 579 or via email at faye@spacepr.co.uk
Sarah Einig, Head of European Media Relations, Barings, +44 (0)207 214 1780, Sarah.Einig@barings.com