International property agents appointed for mediacity:uk

11 Aug, 2007, London

Peel Media has appointed international property agent Cushman & Wakefield to assist in the development and promotion of mediacity:uk to potential occupiers.

Cushman & Wakefield is the world’s largest privately held real estate services firm and transacted over 10 million sq ft of office space across Europe last year.

Work is already underway onsite at Salford Quays to transform 200 acres of former dockland into an internationally significant creative industries community. The mediacity:uk development will be home not only to the BBC and other leading broadcasters but the full range of media and creative organisations, as well as new retail, leisure and residential space.

Phase 1 of the development comprises 500,035 sq ft office buildings, broadcast studios (224,400 sq ft), post production facilities (40,000 sq ft) a 206 bed 3 star hotel and 371 apartments, due for completion in 2011.

Ed Burrows, Property Director of Peel said:

“Peel have appointed Cushman and Wakefield as International Property Agents for mediacity:uk. The scale and reach of this development makes it one of the most significant instructions in the Country. We are focusing initially on ensuring that the mediacity:uk offering is the number one choice for the whole of the media industry and believe that Cushman and Wakefield’s international expertise is ideally suited to assisting the team create the best environment to attract a range of media and creative industries.”

Tony Bray, Head of North West Business Space, Cushman & Wakefield said:

"mediacity:uk will be one of the most important commercial led developments in the UK in the next decade. Both its scale and focus on the technology, media and telecoms sector mean it will provide a world class business environment for both national and global firms. We will be levering Cushman & Wakefield's global platform to attract world renowned tenants to complement the BBC and we are extremely pleased to be able to work on a project which will impact significantly on the economy of the North West."

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