Case Study Regeneration at
12 King Street, Leeds

Fiera Real Estate and operating partner, Opus North, acquired King Street having identified an acute shortage of premium office space in one of the UK’s major regional markets.

The site, purchased through our Value-Add series was built in 1989 and was transformed into a flagship office building, providing 54,000 sq ft of best-in-class Grade A office space in 2022.

The radical transformation includes a striking new façade, a complete replacement of the fifth and sixth floors, along with the addition of a sky lounge which offers a unique communal space for occupants, a state-of-the-art cycle spa and extensive roof terraces. All mechanical and electrical elements of the building were replaced.

The redevelopment achieved a 14% reduction in operational carbon emissions, 29% less energy consumption for heating and cooling and 42% less water consumption. The scheme was awarded with a BREEAM Excellent rating, the second most prestigious score available, which placed it in the top 10% of buildings for best practice. Most notably the redevelopment achieved exceptionally low embodied carbon through the substantial re-use of existing structure and materials, making this an exemplar low carbon development.

Alongside its market-leading sustainability credentials, the Grade A property boasts cutting edge ‘smart’ building technology and was awarded a Wired Score Platinum rating. Smart sensors also aid fresh air management, ensuring that occupiers enjoy access to clean air.