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United Business Centres signs four-year deal with PTC at Farnborough Aerospace Centre18th June 2013

United Business Centres (Midlands Ltd) has signed a four year deal with PTC, one of the world’s fastest growing technology companies.

The deal covers comprises 7,228 sq ft of fully managed office space in Farnborough Aerospace Centre – a landmark business park in Farnborough, Hampshire. UBC worked with all stakeholders during an extended negotiation phase to match PTC’s unique requirements to the property.

“We took a consultative approach to the contract, delivering a bespoke, turnkey solution. Together we ensured every specification was met, from floor plan to furniture,” said Lheyton Warby, Regional Sales Director for UBC.

UBC negotiated and entered into the lease on PTC’s behalf, and will sublease the space to the client on a fully managed basis. “UBC takes care of everything down to the colour scheme, completely removing the burden of managing a property. We manage fit out, site maintenance and administration and rationalise the service into one simple bundle, invoiced quarterly.” adds Lheyton.

PTC, a supplier to the defence industry, is relocating from another Farnborough site and will be well placed to take advantage of numerous business opportunities when it moves to its new premises in July. Farnborough boasts the UK’s largest private airport. Farnborough Aerospace Centre offers a first class business location and is home to BAE Systems, Infor Global Solutions, Johnson Controls and Zurich Insurance, with high quality office suites available from 5,000 to 93,000 sq ft,

Manrico Kiel, Director of Real Estate and Facilities Europe for PTC, said: “We are a technology company first and foremost. Rather than operating a full property division, it’s easier and more cost-effective for us to take advantage of a fully managed office service. It also enables us to focus our resources on developing PTC’s core business.

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