Leeds based high-end workspace provider expands via seven-figure investment
Summary
Andrew Cope is a prolific investor with interests that span property, technology and the automotive sectors.Andrew Cope commented: High occupancy rates in Leeds and strong demand in Manchester show that professional firms are seeking a high-quality working environment to help their staff enjoy time in the office and be productive.Alex and his team have developed a service that stands out in a crowded market, focusing on delivering outstanding service and offices that provide modern ESG standards and employee well-being. I look forward to working with Alex to accelerate the roll-out of Gilbanks in vibrant cities across the UK and Europe.Gilbanks launched its Manchester operation in March and is now 90 per cent let. The building is operated by Aviva Investors, the global asset management business of Aviva plc.Leeds headquartered Gilbanks works with large corporates to help them take a more creative approach to utilise their large city-centre offices and unlock their value.Alex Duckett, managing director of Gilbanks, added: Andrew brings a wealth of experience to the business, and I look forward to working with him. We are investing in the latest technology to ensure all our locations enable hybrid working.The UK has the largest serviced office market in the world. According to industry research, the UK is experiencing double-digit growth in the flexible office market, and we aim to be a leader in this space.