Markel, a leading business insurance, tax and legal services provider, has signed an agreement to take two floors in City Square House, a major new office development in Leeds City Centre. The 15-year pre-let agreement is a significant and positive statement of intent, demonstrating its long-term commitment to Leeds.
Its stunning design, with extensive use of glass and steel, will provide an unrivalled presence in both City Square and the adjacent Leeds Station. Construction is planned to complete at the end of this year and Markel is expecting to move in during early 2024.
Markel functions that will be located in the new office include: the claims, underwriting, HR and IT teams, marking a significant and exciting new phase in the company’s ambitious growth plans. With a bigger space to grow into, Markel will be able to service the region more effectively as well as supporting the local economy by attracting new talent from, and into, the Leeds area with high-skilled employment opportunities.
City Square House will be a flagship site for Markel in the UK and the biggest of their regional offices outside of London. Aligned with their growth ambitions and successes, the new Leeds office will provide Markel’s people with much needed additional capacity and improved facilities.
“Markel remains committed to Leeds and growing our business, this is demonstrated in our investments in both the office and our people,” said Markel UK’s divisional managing director, Neil Galjaard. “We are pleased to take on such a prestigious building in a prime, central location. The office will be the perfect setting to achieve our growth ambitions and demonstrates our commitment to investing in our current and future workforce. Leeds has an extensive pool of talent, and with a bigger space to grow into we hope to support the local economy.”