Gerald Meehan Cwac

CWAC on the hunt for chief executive

Cheshire West & Chester Council has started its search for a chief executive to replace the retiring Gerald Meehan, in what has been a year of change for top council positions in the region.

MIPIM | Cheshire makes case for energy district

Neil Tague in Cannes

Peel Environmental and Cheshire’s public sector leaders believe they are closing in on a deal with the Government which will support the development of a UK-leading energy network, where occupational energy costs would be cut by 20%.

Stanneylands

Stanneylands sold to JW Lees

Brewer and hospitality group JW Lees has acquired Wilmslow’s Stanneylands hotel from Mere Group, which had put it on the market through Christie & Co at £6.25m.

Infrared Shed Sale

M6 corridor portfolio sold for £320m

InfraRed Capital Partners has exchanged contracts on the sale of the 4.5m sq ft Powerhouse portfolio of light industrial units, to real estate funds managed by Blackstone and M7 Real Estate.

West Warrington Transport

Warrington to trigger £8.2m Omega highways spending

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Warrington Council’s executive board will next week be asked to give the go-ahead to Omega Local Highways Phase 3, a series of improvements to the road network around the Omega site, now firmly established as a logistics hotspot and moving into a phase of residential development.

Sapphire7864

Quorum sells warehouse portfolio for £18m

Wilmslow property company Quorum Estates has sold its industrial portfolio to sector specialist investor Warehouse REIT for £18.25m, reflecting a net initial yield of 7%.