Bruntwood Works and BrewDog secure planning for Fountain Street scheme (GB)

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Bruntwood Works and BrewDog have exchanged contracts, and have been granted planning approval by Manchester City Council to bring a bar, restaurant and hotel to Bruntwood Works’ new Bloc development on Fountain Street, marking a transformative moment for this part of the city. The much-anticipated BrewDog Hotel will be … Click here to view original …

Plans Submitted for Manchester’s Iconic Kendals Building

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Plans to redevelop Deansgate’s iconic Kendal Milne building and adjacent car park into world class office and retail space have now been submitted, following positive consultations with local businesses and communities. If approved, the ‘Kendals’ development – drawn up by the site’s owner, Investec, and Manchester-based Sheppard Robson Architects … Click here to view original …

Warehouse REIT invests €39.8m in Liverpool logistics scheme (GB)

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Warehouse REIT has acquired four modern warehouse units on Boulevard Industry Park in Speke, Liverpool, totalling 390,000ft². The purchase price of €39.8m (£35m) reflects a net initial yield of 5.5%. Ranging from 74,000ft² to 163,000ft², the units are occupied by three separate occupiers spanning the automotive and pharmaceutical sectors. … Click here to view original …

The Range shows dedication to St Helens

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M7, who manage the asset, worked with St Helens Council to revise the planning for the site to enable The Range to sell food provided by Iceland. The Range is committed to St Helens and as part of the change of use discussions a reversionary lease until 2035 has … Click here to view original …

Partners Group acquires UK logistic portfolio for €286m

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Partners Group has acquired a portfolio of 27 light industrial properties in the UK with a total lettable area of approximately 3.6 million ft², on behalf of its clients. The portfolio was acquired from specialist real estate investor Paloma Capital for €286m (GBP 253m). Partners Group intends to scale … Click here to view original …

Modern Surf Coming to Greater Manchester

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TraffordCity is set to become home to the region’s first surfing lagoon after plans by McKinney Group were submitted to Trafford Council. The £60M scheme will be located on Peel L&P’s brownfield site off Barton Dock Road in Trafford Park and would be the first inland surfing facility to … Click here to view original …

Work starts on Manchester development

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The Mayfield Partnership has started work on a £1.4bn regeneration development in Mayfield, Manchester. The scheme will see the delivery of 1,500 homes, 1.6m sq ft of commercial space, as well as 300,000 sq ft of retail and leisure facilities. It will also see the development of the city’s … Click here to view original …

Barings acquires UK warehouse scheme for €47m

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Barings has agreed to forward fund a €47m (£42.5m) logistics warehouse development with Panattoni in Bolton, Greater Manchester, United Kingdom, on behalf of a core investment strategy. The project is being delivered on Wingates Industrial Estate, an established logistics and light industrial location, and once completed will comprise c. … Click here to view original …

Resonance launches £20m social investment property fund to tackle homelessness

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Families at risk of homelessness in the North West will benefit from the fund The fund works by acquiring properties and leasing them to the housing sector and homelessness charities, to provide individuals and families at risk of homelessness with a settled home. Resonance joined forces with Manchester-based ethical … Click here to view original …

Harworth Group acquires Saturn Park for €29.2m (GB)

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Harworth Group plc has acquired off-market Saturn Park in Knowsley, Merseyside, for €29.2m (£26m) plus acquisition costs. The acquisition is in line with Harworth’s strategy to grow its predominantly industrial investment portfolio through the acquisition of high yielding properties with inherent value and growth potential. Situated on a 35.2-acre … Click here to view original …

360Retail Appointed Joint Lease Consultancy Advisor on Liverpool ONE

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Grosvenor Europe has announced the appointment of 360Retail to work with CBRE on the lease consultancy for Liverpool ONE. 360Retail is a newly launched business created by Peter Wrigley, a former Senior Director in CBRE’s lease consultancy business. 360Retail was founded to provide best-in-class lease advisory input, bringing to … Click here to view original …

IHG opens new Kimpton hotel in Manchester (GB)

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IHG® Hotels & Resorts has opened a new hotel in Manchester, Kimpton Clocktower Hotel . It joins Kimpton Fitzroy Hotel in London, Kimpton Blythswood Square Hotel in Glasgow, and Kimpton Charlotte Square Hotel in Edinburgh as the brand’s fourth hotel to open in the UK. Kimpton Clocktower Hotel is … Click here to view original …

£10.75m Loan Granted for Speculative Salford Industrial Development

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The North West Evergreen Fund has provided a £10.75m loan to InfraRed Capital Partners to fund 172,000 sq ft of speculative industrial development at a brownfield site in Little Hulton, Salford. Managed by CBRE’s Investment Advisory team, the North West Evergreen Fund’s senior loan will be used to fund … Click here to view original …

Accor Signs New Flagship in Liverpool

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The 221-bedroom hotel will be a UK flagship hotel located in the heart of Liverpool. Accor, the leading augmented hospitality group, today announces the signing of a new 221-room Novotel hotel in Paddington Village, Liverpool. The new-build flagship hotel has been signed under a franchise agreement with Liverpool City … Click here to view original …