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NFU Mutual give endorsement of city's importance

29 March, 2010

The Bristol office market has received a welcome boost as a leading financial company expands its city operations by taking more space at the Templeback building marketed by Hartnell Taylor Cook LLP.

When UK & European Development’s 123,000 sq ft Templeback building was finished last July, NFU Mutual had already signed up to occupy the entire fourth floor. Now the company, which specialises in insurance, pensions and investments and which this year celebrates its centenary, has also taken on the 22,500 sq ft third floor.

Barney Kelham, Managing Director of UK & European who developed and owns the building said, "With many of Bristol’s other financial service organisations struggling in the economic downturn, NFU Mutual’s business has performed exceptionally well over the last year with annual sales now exceeding £1 billion.

"Their decision to expand in Bristol rather than look elsewhere is a ringing endorsement, not just of Templeback’s superior quality, but of the city itself."

Over the last hundred years NFU Mutual has massively expanded its business to encompass all sectors of the economy however their heritage is firmly rooted in the rural and farming community.

Hartnell Taylor Cook LLP and King Sturge and are joint agents.