Opus takes advantage of rising confidence to complete ten deals

The Ilkley-based company has concluded the transactions at prime office and industrial developments in Leeds, Chester and Stockton-on-Tees.

Opus North director Andrew Duncan said that the company had been exceptionally busy over the summer, taking advantage of renewed confidence in an improving UK economy,

“There is no doubt that the property market is still challenging, but there is a new confi- dence emerging in the economy, which means that deals can be done, provided the location, the building and the price, for both leasing and buying, are right,” he said yesterday.

“The 10 deals comprised two in The Bourse, our office building in the heart of Leeds, two at Opus Park in Stockton-on-Tees, an industrial park by the A66, and six at the Exchange, a mixed-use building in the centre of Chest- er.

“We are especially pleased that these deals occurred across both the office and industrial sectors, underlining our breadth of experience and expert- ise.

“All three developments now boast a healthy rent roll and are almost full,” added Mr Dun- can.

At the Bourse, wealth management firm The Private Office (TPO) has taken 4,000 sq ft on the second floor of Sterling House.

Allport Cargo Services, who have moved from the nearby City Point office buildings, have taken 3,500 sq ft on the top floor of Sterling House.

Mr Duncan added: “We are now looking forward to an equally productive autumn.”

Recent data has indicated that the UK commercial property market has become stronger in recent months.