News release

UK Infrastructure Bank selects Leeds’ One Embankment

JLL acquired the new bank’s head office in Leeds City Centre

July 19, 2021

The UK  Infrastructure Bank (UKIB) has selected One Embankment in Leeds City Centre as its head office.

UKIB is a new government-owned policy bank launched by Chancellor Rishi Sunak, which will use a £22bn cash injection to finance projects across the nation to tackle climate change and support regional economic growth.

The bank will occupy 4,880 sq ft on the top floor of One Embankment, which is operated by flexible workspace providers incspaces. It is expected that up to 200 jobs could  be created in Leeds as a result of UKIB’s arrival.

Nick Gibby from JLL’s office agency team in Leeds, said: “This is an exciting new organisation that will unlock billions of pounds of investment to help Leeds and other cities across the UK to level up while prioritising climate change and sustainability initiatives. JLL are delighted to have worked with UKIB & incspaces to deliver this project so expeditiously.”

incspaces managing director Charlie Cudworth added “We are delighted to welcome UKIB to One Embankment. This is a milestone for both the wider Leeds business community and us, and this strategic commitment by UKIB shows a real demand for a return to office life post-pandemic.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 91,000 as of March 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit