30 April 2021
Genpact UK commits to further five years in Sale
London & Scottish Property Investment Management has completed a letting agreement with Genpact UK Limited to take 9,700 sq feet of Grade A office space plus car parking for a further five years at Dovecote House, Old Hall Road, Sale.
The new agreement sees Genpact take over the head lease for the office space. The company had already been occupying Dovecote House as a sub-tenant when London & Scottish acquired the 50,130 sq ft multi-let building in August 2019 on behalf of UK regional office investment specialist Regional REIT.
The deal leaves 12,000 sq ft of office space still available at the property for lease as a single unit or sub-divided into smaller units. It will be brought to market in the coming weeks with a range of options being presented to prospective occupiers.
Steven Griffiths, Head of Asset Management at London & Scottish, said: “We are delighted that a high-quality client such as Genpact UK has committed to a further term at Dovecote House. This great tenant retention is testament to our unique property asset management platform and focus on high-quality office space.
“Situated next to Junction 6 of the M60 motorway and with extensive parking, Dovecote House’s location makes it particularly attractive as many companies are now looking for safe, out-of-town premises that will encourage staff back into the workplace.”