Global chemicals firm BASF has leased 21,500 sq ft across two floors at Muse Developments’ 2 Stockport Exchange for its UK headquarters, relocating from current premises in Cheadle.

The 61,500 sq ft building has six floors and is due for completion next month by main contractor GMI Construction Group. The scheme is part of Muse and Stockport Council’s £145m Stockport Exchange redevelopment, which started last November and will comprise 375,000 sq ft of office space and 28,000 sq ft of retail and commercial space once complete.