EFG Harris Allday is set to take up residence at 103 Colmore Row, after more than half a century in its current home.
The investment management business, part of EFG Private Bank Limited, has let 12,178 sq ft on the fifth floor of the landmark building. A ten-year lease has been agreed with EPISO 4, a fund managed by Tristan Capital Partners, and Sterling Property Ventures, joint developers of 103 Colmore Row.
Harris Allday was founded in 1834 in Birmingham and has been based in the city’s Stock Exchange building on Great Charles Street for more than 50 years. The business, acquired by EFG International in 2006, manages assets for private individuals, families, pension funds and charities.
Richard Killingbeck, managing director of EFG Harris Allday, said: “We are delighted to have agreed a lease for 103 Colmore Row. Having been a Birmingham based firm for nearly 200 years, we believe that this move demonstrates an exciting new chapter for us in the city and the West Midlands. The building’s location in the business district combined with state-of-the-art facilities and strong environmental credentials made it an ideal choice. For us this move reflects our long-term commitment to grow our Birmingham business, continue to deliver a personal client service and attract clients and colleagues to Harris Allday.”
103 Colmore Row comprises 223,631 sq. ft. of Grade A, BREEAM ‘Excellent’, EPC A-rated workspace. On-site amenities include Orelle, the double height restaurant on the 24th floor and ground floor bar and café, operated by D&D London, and a members’ business club on the 18th floor, in addition to three floors of flexible office space, managed by x+why.
The building also benefits from WiredScore Platinum rated digital connectivity and is the first commercial building in the central business district to connect to the District Heating System, with electricity generated from renewable energy.
James Howarth, managing director of Sterling Property Ventures, said: “Our tenant roster reads like a who’s who of Birmingham’s top finance and professional advisory firms. It’s testament to the pulling power of 103’s address and the quality of the building, where just two floors remain.”
James Brodie, managing director at Tristan Capital Partners, added: “This latest letting takes the building to more than 90% let, with conversations ongoing for the remaining space. The occupational market remains strong, and 103 Colmore Row demonstrates the continued appeal for high-quality ESG workspace combined with on-site amenities, which in the case of 103 includes food and beverage, wellbeing and health options, and flex office space.”
CBRE advised EFG Harris Allday on the letting.
Liz Bailey, director, office occupier services at CBRE in Birmingham, said: “It was a pleasure to advise EFG Harris Allday on their move from the Stock Exchange Building, which ultimately led to a floor at 103 Colmore Row. 103 was always a strong contender as it aligned with the business ethos combined with the amenity on offer and the x+why 18th floor lounge, ultimately made it the perfect fit.”
Tenants at 103 Colmore Row include Arcadis, Browne Jacobson, Colliers, Evelyn Partners, Facepunch, Gallagher, Grant Thornton, Handelsbanken, Knight Frank, RSM, Shoosmiths and Weightmans.
103 Colmore Row is being marketed by Colliers, Cushman & Wakefield, and Knight Frank.