Hythe Wirral Waters

Pension funds select firms for £12m framework 

Dan Whelan

The Greater Manchester, Merseyside and West Yorkshire pension funds have appointed 27 companies to provide services across their combined £46bn property portfolio, to enable "a more cost-effective approach".

Four New Bailey

MOAF: Manchester ends difficult 2020 on a high

Comments (4)

Dan Whelan

BT’s 175,000 sq ft letting at English Cities Fund's Four New Bailey saw office take-up for the final quarter of 2020 hit 350,000 sq ft, taking the total for the year to 800,000 sq ft, the first time total annual transactions in the city centre have dropped below 1m sq ft since 2013. 

PRS REIT Aerial

Goldman Sachs spends £150m on regional housing

Neil Tague

The financial giant's merchant banking division, working with operating partner Pitmore, has acquired a 918-home portfolio of North West rented houses from Gatehouse Bank.

PRS REIT Aerial

PRS REIT completes £19m Salford deal 

Dan Whelan

The £900m fund set up by Sigma Capital Group in 2017 has acquired 123 fully-let homes in Walkden from investor Blackrock Real Assets, taking the number of properties in its portfolio to 3,163. 

Stakehill

Romac takes 91,000 sq ft at Stakehill

Neil Tague

The specialist in chilled goods logistics has expanded into a new head office and distribution centre at a building owned by the COIF Charities Property Fund.

Trafford Centre Main Entrance

Trafford Centre acquired by Canada’s CPP

Sarah Townsend

Canada Pension Plan Investment Board, which trades as CPP Investments, has scooped up the mall’s ownership by exercising share rights as the main secured creditor of the asset’s owner, Intu Trafford Centre Group.

Intu Trafford Centre Barton Square 1

Hunt for Trafford Centre buyer narrows

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Sarah Townsend

One of the collapsed mall owner Intu Properties’ biggest creditors, Canadian pension fund CPP Investments, is close to agreeing an £800m deal to take over the Greater Manchester shopping centre, the culmination of a five-month marketing process.  

Cgamberhall Business Park

St Modwen sells Chamberhall unit

The listed developer has sold an 11,000 sq ft unit at the Bury business park to logistics and distribution firm Youthstar, which is relocating from Cheetham Hill in Manchester.