High Occupancy Rates at iHub

Occupancy levels at the new £12m iHub  on Infinity Park have passed the 50% mark - just six months after the building officially opened its doors to tenants.

Bondholder Connect Derby has confirmed the 45,000 sq ft facility has attracted a diverse range of SMEs and large businesses from across the rail, aerospace and automotive supply industries.

The latest new tenants include Bondholders Elastacloud and Serjeants.

A further 40% of accommodation is currently under negotiation, which will take the building to 90% occupancy within its first year of trading.

The iHub, which has Enterprise Zone status, is the centre piece of Infinity Park, the new 100-acre manufacturing focused commercial and technology site.

Speaking about the success of the iHub since its launch, Alan Smith, head of economic regeneration at Bondholder Derby City Council, said:

“I am delighted that businesses have shown their commitment to the iHub and we are already 50% let, which is well ahead of our own forecast.

“This demonstrates that the building is exactly the right product for the right market.”

Ann Bhatti, Connect Derby manager, added: “We’re absolutely delighted with the positive reaction that the iHub has received since it joined the Connect Derby portfolio of buildings last Spring.

“Our new tenants have chosen the iHub because of its strategic location in the region, the hi-specification office and workshop accommodation and state-of-the-art equipment and business support services that are on offer. We look forward to announcing more new tenants in the coming weeks.”