GLOBAL COMPANY TAKES ENTIRE FLOOR AT TRICORN BIRMINGHAM

Firstsource Solutions Limited, a leading global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, has recently moved to Tricorn House, securing the entire 15,000 sq ft office space on the third floor.

Firstsource has taken 240 desks on landlord, CEG’s, Let Ready Go studio package. CEG has also designed some bespoke space, splitting the floor into two symmetrical halves each with dedicated meeting and training rooms, kitchen and breakout space, as well as tailoring the ventilation.

This is CEG’s biggest Let Ready Go deal to date, providing fully furnished space on flexible lease lengths with no additional costs.

Dan White, Head of Flex Advisory for the Midlands and South at CBRE, advised CEG on the deal. He said: “This is the largest landlord-delivered deal of its type in Birmingham to date and heralds a new dawn for landlord-occupier relations in the city.

“Whilst in the US it’s common for a landlord to deliver a fully fitted product, with the costs amortised in the lease, in the UK a more traditional lease structure is the default. This is starting to change. Businesses that find it hard to predict growth, or are keen to offer flexible working practices, still want bespoke, dedicated space to attract and retain staff. At the same time, they don’t want the cost or headache of managing a fit-out. Global businesses, such as Firstsource, also expect this model to be available in the UK.

“There’s no doubt that the ‘fully fitted’ occupation model is gaining traction and CEG is at its forefront.”

Erin McGee, workspace manager at CEG added: “It’s fantastic to welcome the Firstsource team to Tricorn House. One of the largest Let Ready deals to date, we’ve successfully provided 240-desks in two self-contained offices across the third floor, customising the space to meet the client’s needs for training suites and meeting rooms.

“We’ve seen increasing demand for fully furnished space, as well as a growing trend for us to deliver bespoke design and fit-out solutions for our tenants. In Birmingham for example, we delivered two entire floors of custom space for engineering company Systra following the company’s fast growth at our Alpha development.”

Anita Barnard, SVP – Operations (UK), Firstsource Solutions Limited, said, “I’m thrilled to witness the unveiling of our impressive new office space at Tricorn House, Birmingham. This expansion marks a significant milestone for us, as we reaffirm our commitment to delivering exceptional service not only to our banking clients in Birmingham but also to our dedicated team members.

“With a state-of-the-art facility designed to foster productivity, collaboration, and well-being, we are poised to elevate the standard of contact centre operations in the region. Our investment in this modern workspace underscores our unwavering dedication to growth, innovation, and strengthening our ties with the local community. We look forward to the exciting opportunities that lie ahead as we continue to expand our presence in Birmingham and beyond.”

Tricorn House is on Hagley Road, within walking distance of Birmingham City Centre. It provides premium office space and exceptional transport links, as well as onsite parking. Market leading amenity space for tenants includes an on-site gym, café, large mezzanine area for events, which has hosted new bands and artists, as well as networking events to book clubs. It offers a range of traditional office space, alongside its Let Ready studios.