Cazenove Capital strengthens commitment to the Midlands with new Birmingham office
Cazenove Capital, one of the UK’s leading wealth management businesses and part of the Schroders Group, has announced the opening of a new office at Two Chamberlain Square at Paradise, to support its expanding Midlands client base.
This new office provides Cazenove Capital with a local hub from which to offer locally-informed, personal advice to clients across the Midlands, continuing its longstanding and deep-rooted relationships with the region’s entrepreneurs.
Based in a newly re-invigorated part of the city, the office is well-positioned to service business owners at the forefront of the region’s economy in sectors ranging from manufacturing to life sciences, e-commerce and technology.
The office is equipped to support a full hybrid working environment as the UK embraces a more flexible approach to work in the post-pandemic economy, and in line with the framework set out by parent company Schroders in its Flexible Working Charter.
Two Chamberlain Square has fast become an established professional services hub for the city with Cazenove Capital becoming the fifth occupier of the 183,000 sq ft building. Fellow occupiers include DLA Piper, Mazars, Knights and Atkins.
With some of the best views in Birmingham, with stunning vistas across Chamberlain Square itself and of the city’s impressive Classical and Victorian civic architecture, the building has been designed by Birmingham-based Glenn Howells Architects.
This latest announcement comes as Paradise development-manager, MEPC, has plans for a new 180,000 sq ft commercial building, Three Chamberlain Square, designed by FCBStudios, and a new 17 storey hotel on the corner of Paradise Street, designed through a collaboration between hotel experts ISA Architecture & Design and Paradise masterplanners Glenn Howells Architects, along with a series of new public squares and pedestrian routes that will complete Phase Two of the development.
Rob Groves, regional development director with Paradise development manager MEPC, said:
“Cazenove Capital, part of the Schroder Group is a leading global brand in the finance sector and its move to Paradise is an important vote of further confidence in our ability to attract the highest quality employers to the estate. Two Chamberlain Square has successfully established itself as an international hub for major professional services, finance and legal providers looking to grow their offices in the heart of Birmingham.”
Dave Price, Head of Midlands Region, Schroders commented:
“As home to, almost a sixth of the UK’s population, close to 650,000 vibrant companies and several leading UK universities, the Midlands is a significant economic hub, with numerous entrepreneurs, families and individuals able to benefit from Cazenove Capital’s expert advice. We look forward to using the new office in Birmingham as a springboard to continue deepening our long-established relationships with clients in the region and to building new ones.”
Avison Young acted for Paradise developers MEPC and CBRE acted for Schroders.
Paradise has already completed phase one of its development with One Chamberlain Square and Two Chamberlain Square.
At almost 2 million square feet, Paradise will deliver up to ten new flagship buildings, offering offices, shops, bars, cafés, restaurants, a high-quality hotel and Octagon, a 49 storey residential tower, across 17 acres in the heart of the city.
The Paradise redevelopment is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture with Birmingham City Council. The private sector funding is being managed by the international business of Federated Hermes, which has partnered with Canada Pension Plan Investment Board (CPP Investments) on the first phase of the development and for One Centenary Way, the 280,000 sq ft first part of Phase Two. MEPC is the development manager.