Freshfields selects One New Bailey
Leading international law firm Freshfields Bruckhaus Deringer has announced it will be leasing One New Bailey as the long term base for its Global Centre.
One New Bailey is part of the wider New Bailey development by English Cities Fund (ECf), which is a joint venture between Muse Developments, Legal and General and the Homes and Communities Agency.
‘One New Bailey gives us both the high quality and attractive location we want for our staff. We have been extremely impressed by the premises in the Manchester area,’ said Anup Kollenathu, Freshfields Global Centre director. ‘We have taken 80,000 sq ft and the developer has granted us valuable flexibility to adapt, up or down, the amount of space that we would occupy to reflect the evolving needs of our clients’ and our business.’
He added ‘We are grateful to both Manchester and Salford City Councils for their help in setting up our current activities in Manchester and support in moving to the North West.’
Salford City Mayor, Ian Stewart added: ‘“It’s exciting news that Freshfields has selected Salford as the long term location for its Global services centre. We welcome the creation of new jobs in Salford and the city council is ready to work with the firm to make their staff welcome and to assist with recruitment support.’
ECf Development Director Phil Mayall commented: ‘ECf is delighted to welcome Freshfields to One New Bailey, which represents the largest City Centre inward investment letting in over a decade. The New Bailey development is ideal for requirements of this type and it is extremely pleasing that Freshfields has chosen the scheme as its new home.’
Knight Frank Manchester advised Freshfields throughout the selection process for their long term Manchester premises.