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News Release

Leeds

No 1 Whitehall Riverside proves it’s an office building to bank on

Handelsbanken takes 8,300 sq ft at new headline rent


​LEEDS, 18 February 2015 - Following the Grade A refurbishment of two floors in No 1 Whitehall Riverside in Leeds, landlord NFU Mutual has announced the letting of 8,300 sq ft of space to Handelsbanken for a new regional head office serving Yorkshire and the North East. Handelsbanken has agreed a new 10 year lease at a rental of £26.00 per sq ft.

David Hidderley from landlord NFU Mutual said: “Securing a 10 year lease, at the new headline of £26.00 per sq ft, fully endorses the business strategy for this Grade A building. We are delighted to welcome Handelsbanken to the building and hope to announce further lettings very soon.”

Simon Lodge of Handelsbanken added: “We are really pleased to have secured space in No 1 Whitehall Riverside, it is a great building for all our business needs and that is why we have committed to a long term lease.”

In addition to the £1million investment in the 4th and 5th floors, NFU Mutual has, at its own cost, invested a further £150,000 in the refurbishment of the entrance foyer and reception and in so doing have further enhanced the building’s reputation as one of the finest office buildings in Leeds.

Richard Thornton of letting agents JLL added: “No 1 Whitehall Riverside is already home to a number of corporates and Handelsbanken is another high calibre occupier to be added to an already impressive tenant line up and who benefit from some fantastic amenities on the ground floor with the very recently upgraded and remodelled Riverside Café.”

Richard Fraser of Carter Towler who advised Handelsbanken concluded: “There were a number of Grade A buildings for Handelsbanken to consider but No 1 Whitehall Riverside ticked all the boxes from location, superb floor plate configuration and image of building.”

JLL and Knight Frank are letting agents for No 1 Whitehall Riverside which comprises eight floors of office accommodation.