Investment manager

Investment manager takes 11,700 square feet of office space in flagship development

Developer and asset manager, MEPC, says Redmayne Bentley, one of the UK’s largest independent investment management firms, has moved its headquarters from Leeds to the urban district of Wellington Place.

The organization took 11,700 square feet of Class A office space at 3 Wellington Place, completing its move last week.

Founded in Leeds in 1875, Redmayne Bentley has offices across the UK and has a long-standing connection to the city, with its head office still based in the city.

The company previously had offices in Albion Place, Merton House and Butts Court on Albion Street before moving to Bond Court in 2011.

The move to the MEPC Wellington Place development supports Redmayne Bentley’s growth and plans for its next chapter.

Paul Pavia, Commercial Director at MEPC, the developer and asset manager behind Wellington Place, said: “Redmayne Bentley is a long-established company with its roots in Leeds and is recognized as a key player in the financial sector of the city, so we couldn’t be happier that they chose Wellington Place as their headquarters.

“Wellington Place is a destination of choice for major public and private sector organisations, from HMRC to international giants like Allianz. We look forward to welcoming others to join our community.

Liz Dean, Director of Human Resources at Redmayne Bentley, said: “The Redmayne Bentley team is essential to our success. Our new office in Wellington Place provides a high-quality environment and tools for those who choose hybrid working while supporting the fantastic culture and well-being of our employees.

Wellington Place’s rental agent was JLL, with Knight Frank acting for Redmayne Bentley.

Jeff Pearey, Director of Rental Agents at JLL, said: “Attracting Redmayne Bentley to Wellington Place is further recognition of the quality of buildings, location and environment the development offers.

“As occupiers continue to drive the reoccupation of their offices, it’s critical that business decision makers recognize that it’s not just the office itself, but also the wider environment and amenities that will help retention of staff.”

Jonathan Hyland, partner at global property consultancy Knight Frank in Leeds, added: “As a company with a passion for employee wellbeing, the sense of community provided by Wellington Place really stood out at Redmayne Bentley. , whose staff will be able to benefit from the range of events and initiatives offered throughout the year.