2025-09-01 8:00 CET, UK | Press release
Catella APAM, the specialist UK real estate asset and investment manager, has secured a new letting to WPS (part of Wates Group) at Corner Block, Manchester, on behalf of Danish pension fund client Britannia Invest A/S. WPS has taken 3,200 sq ft on a five-year lease to house the main hub for its Facilities Management business.
Situated at the corner of Deansgate and Quay Street, Corner Block is a Grade A, design-led workspace blending heritage elements with contemporary glazed façades. It offers high-specification fit-outs (VRF air conditioning, LED lighting, full concierge service, showers, cycle storage, and complimentary reception Wi‑Fi), ideal for modern occupiers seeking plug-and-play solutions in the heart of the city centre.
WPS will move into a fully fitted suite that exemplifies our strategy of forward funding high quality speculative lettings. This delivers immediate, low-risk, flexible spaces that meet the evolving needs of professional users and add tangible value to the building. The space will serve as hub in the north for WPS Facilities Management, underscoring Corner Block’s ability to attract high-profile occupiers with critical operational functions.
Commenting on the deal, Adam Handley, Asset Manager at Catella APAM, said:
“We’re pleased to welcome WPSs to Corner Block. Their decision to establish a northern hub here speaks to the quality of the space and the strength of Catella APAM’s fully integrated fund, asset, property, and facilities management model, which continues to deliver consistent performance for Britannia across its UK portfolio.”
Sixteen Real Estate acted on behalf of the landlord whilst Savills represented the tenant.
Scott Shufflebottom, Director at Sixteen Real Estate, said:
“Securing Wates following a string of recent lettings in the building is testament to the quality of the product delivered by Catella APAM and the sought after location of the asset.”
For further information, please contact:
Sarah Emms
Marketing & Communications
+447494 906 783
semms@apamuk.com
About Catella APAM
Catella APAM, an independent and market-agnostic asset and investment manager, has been delivering sustainable real estate solutions since 2010, managing £4B worth of assets across the UK and Ireland. As part of the Catella AB Group, we leverage our global network and extensive market knowledge to provide tailored, effective solutions across all market cycles to achieve remarkable outcomes for our clients.