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In what is being called the largest tenancy deal in Leeds, a huge portion of the Livingstone House office block in Clarence Dock will be occupied by a water company. Yorkshire Water has recently completed formalities for finalising this deal.

Come February next year, employees of the Yorkshire water company will be working out of the new shared offices spanning a huge 55,000 square feet of prime space in the centre of Leeds. The company presently functions out of premises in Bradford. The new Asset Delivery Team will be functioning out of these new premises, it is expected. This will bring all the employees of the company under one roof and this is expected to result in better working relationships among the staff here.

With this move, Yorkshire Water hopes to focus all energies on making new investments towards improving services to customers. With the assurance from Ofwat, the water regulating body, that a significant sum of £2b may be invested in improvement projects in water and related fields, the Yorkshire Water company is gearing up its investment programmes to improve quality of water supplied fro bathing and reducing incidences of flooding or water logging. About 500 regular employees and contract workers of Yorkshire Water will be relocated to the new business premises which will occupy about two thirds of the office building here. The move is expected to be completed by February next year.

Speaking about the new developments the head of department, Charlie Haysom remarked that the move shows that Yorkshire Water is committed to its huge Leeds customer base and is interested in giving back to the community which helps it grow. With this huge tenancy agreement, the real estate market in Leeds has picked up amid hopes for further activity.