CWAC on the hunt for chief executive

Rachel Bailey, leader of Cheshire East Council told Place North West that the Government's confirmation last week of the requested full programme of works at Crewe train station will open the door for investment in towns such as Macclesfield.

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%.

Cheshire and Warrington will look to MIPIM as a platform to tell the story of a rapidly growing and diversifying science and energy base, a Place North West roundtable session was told this week.

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 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.

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.

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%.

The city climbed from ninth to third in Lambert Smith Hampton’s UK Vitality Index for 2018, released this week, which also revealed Macclesfield as another impressive North West performer.