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%.

Heather Standidge

NW in 2018 | The science of growth in Cheshire

A not-so-quiet revolution is underway across Cheshire and Warrington which looks set to continue at pace throughout 2018, writes Heather Standidge, associate director at Cushman & Wakefield.

Bauer Millett Found Space Ask

Carillion sells Ask Real Estate for £14m

The troubled contractor has sold its 66.67% stake in Ask Real Estate, and its 50% interest in Ask Carillion Developments to Dukehill, which is run by the Richardson family property business, for a cash consideration of £13.8m.