Zenith spreads over ex­tra floor

Yorkshire Post - Business - - FRONT PAGE -

DEAL:

Zenith is to ex­pand its global head­quar­ters at a new seven-story of­fice devel­op­ment fol­low­ing its ac­qui­si­tion of Con­tract Ve­hi­cle Holdings.

The com­pany, which last year agreed a deal to re­lo­cate to the top three floors of Num­ber One Kirk­stall Forge, will take an ex­tra 18,500 sq ft floor after mak­ing the ac­qui­si­tion ear­lier this year.

ZENITH IS to ex­pand its global head­quar­ters at a new sev­en­story of­fice devel­op­ment fol­low­ing its ac­qui­si­tion of Con­tract Ve­hi­cle Holdings.

The com­pany, which last year agreed a deal to re­lo­cate to the top three floors of Num­ber One Kirk­stall Forge, will take an ex­tra 18,500 sq ft floor after mak­ing the ac­qui­si­tion ear­lier this year.

Zenith will now re­lo­cate both com­pa­nies into a to­tal of 63,000 sq ft of space.

De­vel­oper CEG will also move its north­ern of­fice into 10,000 sq ft of the ground floor along­side a new bar/restau­rant, meet­ing and event space which open later this year. This leaves 32,700 sq ft avail­able over two floors re­main­ing, along with a self­con­tained ground floor suite of ap­prox­i­mately 3,000 sq ft.

Jon Kenny, devel­op­ment direc­tor of CEG, said: “The com­mit­ment from Zenith and the open­ing of the new rail­way sta­tion have helped to kick-start Kirk­stall Forge’s re­nais­sance.

“At this first flag­ship of­fice devel­op­ment, we have pushed the bench­mark in terms of de­sign, qual­ity, flex­i­bil­ity and ef­fi­ciency, and we have suc­cess­fully se­cured one of the most sig­nif­i­cant pre-lets of this na­ture in Leeds in the last decade.”

Tim Buchan, chief ex­ec­u­tive of Zenith, added: “Kirk­stall Forge is an­other mile­stone in Zenith’s his­tory and its lo­ca­tion presents an op­por­tu­nity to draw on the highly tal­ented re­sources from within the north of Eng­land and es­tab­lish a best-in-class head­quar­ters for our fu­ture growth.”

CEG is manag­ing the devel­op­ment of the 57-acre Kirk­stall Forge scheme which is set to be­come home to a mixe­duse com­mu­nity in a wooded, river­side set­ting. Ul­ti­mately, the site will in­clude 1,050 new homes, 300,000 sq ft of of­fices and 100,000 sq ft of re­tail, leisure and com­mu­nity space.

FIND­ING EX­TRA SPACE: Zenith has signed a lease for an ex­tra floor at Kirk­stall Forge after ac­quir­ing Con­tract Ve­hi­cle Holdings.

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