Birmingham-based Frontier Development Capital (FDC) has sealed a multi-million-pound funding deal to back workspace provider Gilbanks' expansion plans across the UK.

Gilbanks, headquartered in Leeds with operations in Manchester, is already establishing a 22k sqft workspace at Five St Philips in Birmingham and specializes in sustainable, service-led office spaces. The investment comes as businesses increasingly seek experience-driven workspaces, with Gilbanks' managing director Alex Duckett noting that the funding will enable the company to expand into suitable sites with forward-thinking landlords and top-tier amenities.