Three New Bailey

HMRC deal underpins Q1 office boom, reports MOAF

Central Manchester’s office market is firmly on course for a fifth consecutive 1m sq ft-plus year, with first quarter take-up more than doubling 2017's first quarter total at 442,000 sq ft, according to the Manchester Office Agents Forum.

Tony Lenehan Styles&Wood

Styles & Wood sale completed

Sale-headquartered fit out and services group Styles & Wood has officially joined forces with Yorkshire-based Southerns Group, after S&W’s shares ceased trading on the LSE’s Alternative Investment Market this morning.

Sdr

Alexander House traded for £6.5m

The 63,000 sq ft Old Trafford office block has been bought by Cadence Real Estate, backed by a syndicate of investors, for £6.5m.

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.