Date published: 01.09.08 - not release date

‘Occupier Solutions’ specialist acquires 30,000 sq ft property in Coventry for re-development into prestigious new office space

Banbury, 17th April 2008, Port@l, leaders in delivering innovative space and infrastructure solutions in association with its sister company Cannock Developments has completed contracts on Bankfield House, a 30,000 sq ft office located in Coventry City centre. The property will be completely re-developed over the next 9 months to offer high quality, flexible office accommodation to primarily ‘blue chip’ organisations.

MD of Port@l, John Gotely explains the reasons behind the new acquisition, “There is a shortage of good quality office accommodation that can be made available to organisations on a short to medium term basis. The Coventry investment represents the 1st stage of a country-wide strategy to identify, acquire and redevelop properties in prime UK locations to satisfy this demand.”
The property is arranged over 6 floors, and can accommodate around 350 people. When completed it will offer single or multiple clients, flexible Grade A office accommodation that depending on their requirements could be delivered in a choice of three formats;

·A straightforward lease based on £16.00 per sq ft,
·Port@l’s unique fully managed Occupier Solutions.

Occupier Solutions is aimed primarily at ‘blue chip’ organisations and delivers customised accommodation that includes the infrastructure (environment, IT and telephony) on a managed service basis over a term that matches the client’s requirements.

-ends-

For further info visit www.portal-centres.com

Editor’s Note:

About Port@l:

Established in 2000 Port@l is part of a unique amalgamation of three ‘best-of-breed’ specialist companies (Cannock, Port@l and Direct Dialogue) that share similar ownership. This commonality is a critical point because it overcomes many of the difficulties and discontinuities encountered by partnerships. The core offering of this amalgam is space and infrastructure (environment, IT and telephony) on a managed service basis. Port@l term this organisational hosting or simply hosting and forms part of a range of Occupier Solutions offered by the amalgam that allows their clients to retain ownership of their “crown jewels” such as brand custodianship, culture, people, processes, intellectual capital, business applications and, in the case of call centres, the actual interaction with customers.

Port@l has worked with a number of prestigious clients, including: Provident Financial, HfS Loans, Barclays Bank and E.ON (Powergen).

Port@l’s head office is in Banbury and they have operational centres in Glasgow, Rotherham, Nottingham, Manchester and Chatham.

Press Contact: Call Steve Shergold or Sally Minchin on 0845 658 0120.
E-mail: Steve.Shergold@ttauk.com or sally.Minchin@ttauk.com