MIDAS TO MOVE TO CITY REGION GATEWAY

MIDAS, Manchester’s Investment and Development Agency, is moving to offices at the gateway to Manchester City Region.

The agency, recently benchmarked as one of the Top 20 investment promotion agencies in the world, is relocating to Voyager at Manchester Airport after more than 12 years at its current location in Trafford Park.

Voyager was chosen as the new home for the agency because the airport is the major international gateway to the Manchester City Region as it also provides staff and clients with excellent road, rail and bus links.

As Manchester Airport operates direct flights to more than 200 destinations worldwide and is actively seeking further routes, the move keeps MIDAS at the heart of international trade and investment. The addition of further routes would encourage more overseas investment in the city region, which is already home to more than 1,500 foreign owned businesses.

Voyager was selected following a comprehensive search of Greater Manchester office locations by property agents Savills with the deal negotiated by MAG Developments, the property and development arm of the Manchester Airports Group.

Michael Oglesby, Chairman of MIDAS, said: “Moving to a new home at a strategic gateway location was one of the ways in which the agency was ‘working harder and smarter’ to secure new investment whilst recognising the need to drive down overheads.

“Despite the global downturn, we beat our demanding targets by directly assisting in the creation and retention of more than 5,000 jobs last year, but we never rest on our laurels and are always seeking new ways in which to secure investment and jobs for the city region.

‘We’ve found Trafford Park to be a great location for business, however we very much look forward to moving to our new home and continuing to work even more closely with Manchester Airports Group – undoubtedly one of the jewels in the city region’s crown.’

John Atkins, Managing Director of MAG Developments, said: “We are delighted that MIDAS has decided to relocate to Voyager at Manchester Airport. We are confident that this move will bring huge benefits to MIDAS, the airport and the region and we are looking forward to welcoming them to the airport in spring 2010.”

Published on: 11/02/2010 12:21:30