Biosurfactant company signs for 90,000 sq ft Wallasey industrial

Network Space has sold Element, a 104,000 sq ft complex at Alchemy Business Park. 

Steps Together Group has signed a 20-year lease for the St Helens property, which was built by the Pilkington family in 1885.

Logicor has secured a 10-year lease at Liberty Park with an international packaging company, understood to be Intertape Polymer Group.

The Liverpool City Region is to sign off £2.3m in pre-development funding to enable the progress of the Marine Lake Events Centre project in Southport.

The local authority has signed off on a masterplan for Liscard, but councillors asked for further advice on acquiring the Co-op store in New Ferry to enable a mixed-use development.

A further £36m is to be committed to building 2,600 homes on brownfield sites across the city region’s six local authority areas.

Schroder Real Estate Investment Trust has paid £19.85m for four industrial assets in the North West, reflecting a net initial yield of 6.9%, with Valley Road Industrial Estate the largest component.

The multi-let investor has bought Junction 1 Business Park, the largest transaction in a hat-trick of deals that included acquisitions in Stockton-on-Tees and Coatbridge. 

EQT Exeter has purchased both a 56,000 sq ft unit and a 120,000 sq ft speculative development at Image Business Park from Seybourne Estates.