Astounding Words

Yorkshire Water is all set to relocate to a prominent position in the centre of the flourishing Leeds business area. The market here has turned hopeful as the announcement came in from the company after the agreement for the deal was signed.

Yorkshire Water is moving into vast offices spaces covering about 55,000 square feet in this location. They will be functioning out of this building- the Livingstone House, in the Clarence Dock area here from early next year. This deal is believed to be one of the biggest in Leeds. An estimated 500 staff members and contract employees working for Yorkshire Water will be relocated to this office space following the move. As of now, the company is functioning from offices in Bradford.

This move which will bring many of the employees, now working from separate offices, together under one shared office roof is expected to bring in some advantages to the company arising out of better working relationships between employees. The newly created Asset Delivery team will be shifted here by February coming year. Over the next five years, the company hopes to concentrate on its investment programmes to enable better services to customers.

These developments are in part arising out of hopeful climate for the players in this field following the assurance by water regulator Ofwat that investments will be made in the next 5 years in worthy projects. Developmental ideas and schemes for improving water quality for bathing purposes and infrastructural changes to improve conditions and reduce flooding will also be encouraged with the £2b outlay that Ofwat is willing to invest here.

Speaking about the move, Charlie Haysom, Head of the department stated that this move shows Yorkshire Water’s continued interest in the Leeds area. He also said that the company believes in contributing to the economy in the area it services and that this is a gesture in this direction. With this huge tenancy deal heading towards conclusion, Leeds is beginning to gain favour as a preferred business spot.

This entry was posted on Thursday, December 17th, 2009 at 11:17 am and is filed under Business Performance, Promotion, Real Estate Tips + More. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.