Glenbrook’s 280-unit Vox completes
The £70m build-to-rent scheme in Cornbrook, Manchester, backed by investor Barings Real Estate, has reached practical completion and residents are expected to move in next month.
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Alumno clinches £44m for student flats
The developer secured forward funding from investment management firm Barings to help it build a nine-storey student housing block on Cambridge Road, Manchester.
Mayfield gears up to start phase one offices
The developers of the £1.4bn Manchester mixed-use scheme are starting to scout the market for pre-lets and financing for the first commercial offering, 320,000 sq ft of offices due to start on site this year.
Kier upbeat after cost-saving pays off
Shares in Kier jumped 11% this morning as it said half-year results would be “slightly above the board’s expectations” following the impact of Covid-related cashflow measures.
Plans in for Showcase cinema site
Manchester City Council is proposing a 92,000 sq ft secondary school on the site of the former Showcase Cinema on Hyde Road in Gorton.
Mulbury strikes New Cross funding deal
Investor Cheyne Capital Real Estate will forward fund the developer’s 144-apartment scheme on Oldham Road in Manchester to the tune of £32m.
February start for Swan Street tower
Contractor RG Group has been appointed to build the 31-storey Manchester residential scheme on behalf of investor Ridgeback Group, which has bought the site from Cable Swan, a joint venture between Sir Robert McAlpine, Britannia Group, Prime Developers and Foundation Real Estate.
Premier Inn at Circle Square completes
Contractor Russell WBHO has finished building the 158-bedroom hotel in Manchester on behalf of Bruntwood SciTech and Vita Group, which are developing the £750m Circle Square mixed-use scheme in a joint venture.
Council responds to Great Ancoats Street criticism
The city council insists the controversial £9.1m project to upgrade the Manchester road has been a good use of money despite ongoing criticism from residents.
GMCA lends Renaker £70m for pair of skyscrapers
The combined authority has awarded the developer loans of £37.5m and £32.4m from its Housing Investment Loans Fund to support the development of just under 1,000 apartments across schemes in the Greengate area of Salford and within the Great Jackson Street regeneration zone in Manchester.
