
Orbit adds to Stockport estate with Kingsgate buy
Orbit Developments, through its investment business North West Portfolio, has acquired Kingsgate House in Stockport town centre from Kames Capital.
Orbit Developments, through its investment business North West Portfolio, has acquired Kingsgate House in Stockport town centre from Kames Capital.
Manchester is set for a period of major growth in all sectors, including its population, housing, and offices over the next decade-and-a-half according to the city council's annual State of the City report.
The financial advisory firm has taken 5,100 sq ft at Tower 12 in Spinningfields on a five-year lease.
In the past 12 months, Manchester has seen house price growth of 4.5%, while London experienced an increase of only 0.2%, writes Joanne Parr of Close Brothers Bridging Finance.
Grosvenor Britain & Ireland has announced plans to invest between £10m and £30m in housing and retail repurposing with a particular focus on Greater Manchester, Merseyside, and Liverpool.
Two hotels in Cheshire and one in Wigan have been brought to market as part of a wider portfolio sale by Talash Hotels Group.
Trafford Council and Bruntwood Works have exchanged contracts on a joint venture to take forward Stretford Mall, along with the Stamford Quarter shopping centre and Clarendon House in Altrincham.
Cording Real Estate Group has sold a Wigan industrial estate as part of a £20m disposal reflecting a net initial yield of 8%.
Aberdeen Standard Investments has sold a 71,000 sq ft Asda foodstore in Altrincham for £22.5m to the Greater Manchester Pension Fund.
Salford Council is set to sign off a series of highway improvements, chief among them the commitment of £4.5m to the Trafford Road corridor vital for accessing MediaCity and Salford Quays.