GavinThompson published Major tenant revealed for Skanska's 66 Queen Square office…

KPMG will be the main tenant at Skanska's 66 Queen Square development in Bristol

The anchor tenant for a major city centre office development has been revealed.

KPMG one of the big four accountancy firms has agreed to let most of the 66 Queen Square development due to be ready in the summer. The deal had been speculated onfor months, following rival PwC moving to 2 Glass Wharf in Temple Quarter.

The Queen Squareproject, part new-build and part refurbishment of a period building, was one of the first speculative office developments in Bristol since the recession.

Alex Jordan, leasing director at developer Skanska, said: We are delighted that KPMG will be the main tenant for our first UK commercial development project in Bristol.

As developers working with our own construction team, we have been able to adapt the design of the building to fit with the needs of our tenant, while securing the longest lease in the city in recent years.

The professional services firm has agreed a 15-year lease for the first, second and third floors and part of the ground floor, filling 52,000 square feet (4,831 sq m) of the 61,000 sq ft (5,667 sq m) Grade A office building.

Phil Cotton, Bristol office senior partner and South regional chairman at KPMG, said: This significant investment underscores our commitment to Bristol and the importance of the city to our business.

We have achieved continued success and growth in our marketplace, adding 17 million to our income over the last two years, and I am pleased to be able to plough these profits back into the business and invest in new flagship premises in Bristol.

Our new office in Queen Square will provide our colleagues and clients with top quality office space equipped with the latest technology and located in the heart of the city.

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GavinThompson published Major tenant revealed for Skanska's 66 Queen Square office...