King Street, Leeds
Occupier demands are changing. Businesses want more choice in their workspace and more services and amenities for their staff, and our scheme at King Street has been designed to meet those demands
- Purchase Date
- January 2020
- Purchase Price
- £11m
- NIY
- N/A
- Fund
- Fiera Real Estate Opportunity Fund V
- Property Company
- Opus North
- Features
- A redundant, vacant 1980s office in a prime location in central Leeds
- Planning achieved for a comprehensive redevelopment, extending the building to provide 54,500 sq ft of super prime accommodation, including a 4,000 sq ft communal roof terrace and business lounge
- The Smart technology enabled building benefits from exceptional ESG credentials such as BREEAM Excellent, Wired Score and Cycling Score Platinum ratings
- Construction works completed in Q2 2022
- One of the most significant office deals in Leeds during the past 12 months
- Purchase Rationale
- Prime location in Leeds city centre
- Ability to create accommodation to suit today’s occupier demands including Covid-19 resilient features
- Grade A supply stands at less than 1 year’s average demand
- Currently the only Grade A office regeneration being undertaken in the city
- ESG
Health and wellbeing
- 7th floor roof terrace
- Cycle storage
Resource use and efficiency
- 13% better energy consumption
- 14% less carbon emissions
- 29% less energy consumption for heating and cooling
Renewable energy
- EV charging points
- Location
-
- 12 King Street, Leeds, LS1
Related Case Study Media
November 26, 2020
Construction commences on Fiera’s landmark office redevelopment project in Leeds Central Business District
Fiera Real Estate (“FRE UK”) and Opus North are delighted to announce that construction has started on site at 12 King Street, having received planning permission for the premier Grade
October 08, 2020
REACT News: Leeds provides a template for the future-proofed office
REACT News recently published an article which featured Fiera Real Estate and Opus North’s Kings Court office development in Leeds. Originally published by REACT News, 6th October 2020. Author: Eamon
January 16, 2020
Fiera Real Estate and Opus North kick off 2020 with a new acquisition in Leeds
Opus North, the Yorkshire-based property developers have recently completed on a prime c.50,000 sq. ft office scheme in the centre of Leeds alongside funding partners, Fiera Real Estate UK Limited
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