31st January 2024

Knights set for North East growth from flagship office at Bank House



31st January 2024

Leading professional services business Knights has revealed plans to move into Newcastle city centre’s latest grade A office.

Knights is growing significantly in the North East, with colleagues in Newcastle and Teesside working as part of a team of more than 1,200 professionals across 23 offices nationwide.

Their 40-strong team in Newcastle will soon be based in a state-of-the-art office on the seventh floor of Bank House on Pilgrim Street.

Knights join existing tenants Barclays, law firm DAC Beachcroft, international management consultancy Oliver Wyman, and insurer Lycetts at the 14-storey building, which is the first of three new sustainable office properties that will transform the southern end of Pilgrim Street.

Flexible workspace provider Cubo has also recently opened at Bank House after taking a lease on the top two floors of the building.

The 207-foot-high property, designed by Ryder Architecture and built by Bowmer + Kirkland, is expected to become home to more than 1,000 workers when it is fully occupied.

The move to Bank House is part of Knights’ investment in premium, grade A office spaces to provide clients with even better access to the comprehensive range of expertise Knights offers as the fastest-growing, and largest, regional professional services business in the UK.

Lisa Shacklock, client services director at Knights who leads the team in Newcastle, said: “The move to Bank House is an exciting step for our team. It is the latest investment in our people as we continue to grow across the North East.

“We have already attracted some top talent in Newcastle since we arrived in June 2023 and this fantastic new office ensures we can create an environment that matches the premium service we offer.”

The deal is the sixth letting at Bank House since the building officially opened in May 2023, and sees occupancy levels reach 50%.

Joint letting agent Adam Lawson, graduate surveyor at Avison Young, said: “With a host of top-quality facilities, Bank House is ideal for dynamic and innovative businesses who want to provide best in class workspace for their people. I’m sure the Knights team will settle into their new office quickly and benefit from the great location as they look to invest to secure their future growth needs.”

Bank House is the first phase of the Pilgrim Street development, a transformational regeneration project delivering over 750,000 sq. ft. of new Grade A offices, a new public square, destination food and beverage offer and a new boutique 5-star hotel.

Knights was represented by Knight Frank.

Related Content

More articles

Bringing people together in a world of hybrid working

Hybrid working has changed how we use office space. Once solely a place of work, in 2024 offices should provide the optimum environment to connect staff, attract talent, inspire people and help forge a strong company spirit. In our second article looking at how Lycetts has adapted to life at Bank House, we find out how the building is supporting the firm’s new working patterns.

5-minutes with: Rebecca Brough of Cubo

We recently caught up with Rebecca Brough, co-founder and CMO at Cubo, the leading flexible workspace provider which launched its first North East site here at Bank House in November. Find out what Rebecca had to say, including what Cubo has to offer customers here in Newcastle.

Law firm chooses Bank House for new HQ

Growing commercial law firm JLF has announced plans to move to the top floor of Bank House later this year. The firm is set to take space with Cubo and says the move underlines its confidence in the North East and will be the perfect platform for further growth.

Knights set for North East growth from flagship office at Bank House

2024 has started on a very positive note here at Bank House with news of another letting. Leading professional services business Knights will soon take occupation of over 5,300 sq.ft of Grade A office space to accommodate its team of 40 here in Newcastle.

How Bank House boosts both productivity & people

Its safe to say that moving to Bank House earlier this year has transformed the way that the Newcastle office of Lycetts works. The impact on the insurance broker and financial advisory firm’s people has been significant. Read on to find out more….

Forward-thinking office design supports new occupiers

In our second article looking at the impact of DAC Beachcroft’s relocation to Bank House, we have been talking to Sarah George and Carol Venegas to find out how the building is supporting active travel options and more flexible working patterns.

Cubo launches at Bank House

Expanding flexible workspace provider Cubo is officially open for business after launching their first Newcastle operation within the top two floors of Bank House, in the heart of the city centre.

Bank House – supporting work, rest & play, whatever the role

Six months on from their relocation to Bank House, we have been chatting to two members of DAC Beachcroft’s Newcastle team to find out how their new workplace is supporting the firm’s flexible approach to working.

Flex office operator commits to Bank House

Leading flex office provider Cubo has continued its drive into the north of England with the acquisition of a new 20,000 sq. ft workspace in Newcastle city centre.

Latest letting marks official launch of Bank House

Newcastle city centre’s new multi-million-pound Bank House office complex has officially opened with news that it has secured a third occupier.

Andrew Simmons appointed as Building Manager at Bank House

Meet Andrew Simmons, our newly appointed Building Manager and the man responsible for overseeing the maintenance, operations and security of Bank House.

5-minutes with: Nicola Fairbairn of DACB

In September we announced that international law firm DAC Beachcroft had exchanged contracts to become the first tenant of Bank House. DACB will soon be taking occupation of 15,000 sq.ft. over one and a half floors and we have been talking to partner, Nicola Fairbairn to find out more.

5-minutes with: Charles Renwick of Lycetts

Ahead of Lycetts’ relocation to Bank House this summer, we have been chatting to Charlie Renwick, to find out what it will mean for the business after 60 years at Milburn House and the firm’s 100 staff who are based in Newcastle.

Lycetts heading to Bank House after 60 years on Dean Street

A leading independent insurance broker is relocating its UK headquarters to the first phase of Newcastle’s Pilgrim Place, after exchanging contracts on 10,000 sq,ft of new office space.

5-minutes with: Paddy Matheson of Knight Frank

Knight Frank and Avison Young are working together as our joint letting agents at Bank House. We have been talking to Knight Frank’s Paddy Matheson to find out what is happening in the office sector and how Bank House will be able to accommodate occupier requirements in a fast-changing market.

First occupier confirmed for Newcastle landmark development

One of the North East’s most high-profile development schemes has secured an international law firm as its first occupier, seven months ahead of practical completion.

Interest in Bank House ramps up as new visuals released

Nine months ahead of the completion of the inaugural building in the multi-million-pound transformation of Pilgrim Street, marketing of Bank House has launched this week.

5-minutes with: Tony Wordsworth of Avison Young

Kicking off our new series of interviews with members of the Bank House delivery team, we caught up with Tony Wordsworth, director at Avison Young, to find out more about his involvement in the project (which dates back 20 years!!)