Property Alliance Group signs easy deal at Devonshire House, Manchester
Manchester developer and investor, Property Alliance Group and serial entrepreneur Sir Stelios Haji-Ioannou have signed a management agreement at Devonshire House, Manchester. The latest addition to easyOffice.co.uk's auspicious expansion plans for 2010.
Designed to help entrepreneurs and start-ups with low-cost office space, demand for affordable, flexible office rents has already been proven at easyOffice's well established centres in London.
Situated on George Street, off New York Street and Piccadilly Gardens, Manchester, Property Alliance Group's Devonshire House has undergone refurbishment to provide a high profile reception and entrance. Comprising, 14,000 sq ft over six floors, Manchester's easyOffice will provide up to 260 workstations from just £45 per workstation, per week. Ready for immediate use the individual offices will be fully furnished and include state of the art IT services and telephony available at the most competitive rates. Meeting rooms and on site parking is also available.
Workstations are booked by the week meaning there are no fixed long term contracts or hefty upfront costs. The online booking system www.easyoffice.co.uk provides an easy way to make one upfront credit card payment with no monthly billing costs, creating low-risk flexibility for the occupier.
David Russell, Chairman of Alliance says, "Being an entrepreneur myself I know how important it is to control costs as you turn your idea into a developing company. easyOffice, with its competitive rates, will keep office rent to a minimum."
"Taking into account the changing market we have seen an increasing requirement for flexible office space and saw great synergy in working together with easyOffice to bring this successful business model to fruition in Manchester, providing an alternative to the typical business centre already in existence."
"Devonshire House is well situated within the city centre; in close proximity to the business core as well as the major transport links and arterial routes."
Sir Stelios adds: "I am delighted to have agreed the management contract with Property Alliance Group. Their proactive approach appealed to us along with their well regarded reputation to deliver and maintain high standards throughout their development and management portfolio. "
"This expansion sees us ahead of targets to deliver affordable office rates in great locations to major towns and cities in the UK. "
"Opening in Manchester represents our strategic aim to take the easyOffice concept out of London and make it accessible to entrepreneurs and start ups in other parts of the UK."
"Throughout the country, it is vital to support business through the hard economic times and easyOffice is a solution that can help keep costs down. "
easyOffice.co.uk, Manchester will be opening its doors in June 2010.
Notes to editors
Property Alliance Group is one of the UK's leaders in development and investment with a portfolio value of £240million and substantial development programmes nationwide. Based in Manchester, the firm's expertise spans the industrial, commercial and retail and leisure sectors and its developments have acquired a reputation of cutting edge design and quality.
Property Alliance Group’s portfolio is predominantly industrial and office, with 80 per cent of its stock as workspace in the North West region. Property Alliance Group is an award-winning developer, most recently achieving Insider's 'Deal of the Year' for the completion of MAN Truck & Bus facility at Trafford Park and is nominated for 'Deal of the Year' at this year's IAS Awards.
According to research by Barclays, more than a quarter of a million new businesses were set up in the first half of 2007, up 7 per cent from last year. Sir Stelios's target market, the under-25s, grew the fastest, setting up 20,000 businesses in the past 12 months, up 15 per cent year on year.
easyOffice currently has 6 serviced offices and has plans to open upto 20 more sites in 2010. It is one of 17 brands that sit within the easyGroup portal which was created by Sir Stelios to own the easy brand and license it to all of the easy branded businesses, including easyJet plc, the airline founded by Stelios in 1995. Other brands include easyHotel, easyBus and easyCar.
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