Derwent House, the prominent business building in St Paul’s on Arundel Gate within the City Centre has been acquired by Claymore Investment Management, with respect to an institutional investor.
Rob Darrington, Partner at CPP said: “We are delighted to see institutional investment in Sheffield, that’s great news for the city, as well as local economy.
“Derwent Property is a terrific workplace found in a primary location from the City Centre, offering a number of local amenities, and excellent accessibility and transport links. A normal shaped, large open plan floor plates offer occupiers some of the finest efficiencies of space on the floor per member of staff inside the city.”
Duncan O’Neill from Claymore said: “The 65,000 square centimeter office, along with the adjacent Howden House, were the earliest buildings to get constructed in the Heart from the City redevelopment, following demolition with the Town Hall’s Extension nicknamed ‘the Egg Box’.
“Since then, this location is among the most true heart with the city centre regarding both professional services and central retail.
“Sheffield City Council recently vacated 40,000 square centimeter, which is to be refurbished and upgraded to give Grade A accommodation. The Sheffield office market have shown an absolute occupier resurgence over the last a couple of years which, in addition to supply erosion and alternative use, has ended in significant undersupply of excellent quality work space and rising rents.”
Guy Cooke, Director at BNP Paribas added: “We are delighted to be working with Claymore about this project. Derwent House will benefit an important refurbishment to offer a number of the absolute best offices available in Sheffield, found at and also the from the City.”
Derwent House already where you can established international companies just like Bluestone Credit Managers, Withers & Rodgers LLP and RSI Ltd. CPP and BNP Paribas are told to market tenacious 40,000 sq . ft ..
