OBI dominates Manchester leasing market

Photo: OBI dominates Manchester leasing market

OBI Property has announced it completed over 400,000 sq ft of landlord lettings and acquired circa 150,000 sq ft of office space on behalf of its impressive collection of occupier clients.  The results confirm OBI’s position as the most prolific leasing advisor in central Manchester.

The Manchester based firm advises some of the region’s most exciting business such as NCC Group,, AO.World and Squires Patton Boggs Solicitors.  OBI was awarded Property Week’s Niche Agency of the Year Award for 2015 and celebrates its 6th year in business on 1 February 2016.

Figures compiled by the Manchester Office Agents Forum, show OBI Property topping to leagues for both landlord disposals and tenant acquisition work; well ahead of the large national and international firms operating in the city.

  MOAF League Table    
  Landlord leasing disposals    
    Sq ft transacted Number of deals
1 OBI 400,642 67
2 Edwards & Co 252,430 107
3 CBRE 248,108 35
4 Savills 226,809 20
5 Cushmans 218,662 53
6 JLL 189,045 33
7 WHR 159,115 68
8 CON 127,550 47
9 BGVA 119,994 18
10 Colliers 92,460 19


  MOAF League Table    
  Tenant acquisitions    
    Sq ft transacted Number of deals
1 OBI 141,535 11
2 Knight Frank 86,552 6
3 JLL 56,253 2
4 Savills 45,780 4
5 Cushmans 44,882 6
6 Colliers 40,191 5
7 WHR 21,230 4
8 CBRE 17,377 3
9 M&G 12,343 3
10 LSH 6,600 1

Richard Lace, Transactions & Asset Management team, OBI Property said:  “Without doubt 2015 was a strong year for the business and we are particularly humbled by our position at the top of the Manchester Office Agents Forum league tables.

“With the recent trend of mergers and acquisitions rife within the world of real estate consultancies, there appears to be a misconception that size translates to quality.  Our consistent results prove that clients still want a personal touch and as a boutique, OBI provide the highest quality advice and client care which ensures our clients are successful.  We know our market inside out, we’re flexible and we care – on average we’re converting 1-2 deals a week and our occupier work has grown rapidly throughout the UK.  We disrupt the conventional approach to the property market, we are proudly independent, and we apply the OBI difference to everything we do.”

Looking forward to the year ahead, OBI Property is confident it will perform strongly.

Richard continued:  “The coming year shows no signs of slowing down, we’ve already converted the Squire Patton Boggs deal, recently been instructed on 22-24 Fountain Street totalling 22,150 sq ft and our workplace and building consultancy departments are working on some great schemes.”

The market dominance of OBI Property featured in several publications including the Manchester Evening News.