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Manchester property scene boosted by Aegis move

Press release July 13, 2011 Business

Aegis has given a major boost to the Manchester property market. In an exclusive report by news and lifestyle website Manchester Confidential, it is claimed that the outsourcing firm plans to move to City Tower.

The Manchester property sector has been given a major boost by Aegis, according to news and lifestyle website Manchester Confidential.

In an article by journalist Simon Binns, it is claimed that the outsourcing firm has signed up for 35,000 sq ft of office space in the city centre. The exclusive Manchester property news story indicates that the move will generate 350 jobs over the next year.

Aegis has decided to take up residence at City Tower in Piccadilly Plaza after weighing up the pros and cons of several cities across the UK. The building is the tallest office block in Manchester with 28 floors and also one of the largest with more than 600,000 sq foot of floor space. It is operated by family-run commercial property company Bruntwood, which is behind several other iconic Manchester locations including Portland Tower and Bridgewater House.

A source in the Manchester property sector described the Aegis decision as a "positive move for Manchester" in a difficult climate. He explained: "There's still not a lot of activity in the city centre market and the half-yearly figures will stand at around 300,000 sq ft, which is down by about 30 per cent on the half-year average and 50 per cent on last year."

Manchester Confidential publishes regular Manchester property news stories, covering topics such as new buildings, planning applications and the state of the market in general. However, it also has lifestyle sections devoted to the likes of culture, health and beauty, food and drink, entertainment and kids.