Aerial Photograph By Webbaviation.co.uk

Rochdale aims for £25m Towns Fund support

Neil Tague

The council has submitted a bid to the Government’s Towns Fund, with an advanced manufacturing institute within Kingsway Business Park at the heart of its proposal.

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.

Andy Burnham

Manchester sets up race equality commission

Sarah Townsend

The combined authority has formed a 24-member panel of experts and leaders representing the city-region’s communities, designed to combat racism and race-related discrimination.

OldhamTownCentre

Oldham aims for £41m Government backing

Neil Tague

Oldham’s Town Deal Board has submitted plans to secure support from the £3.6bn Towns Fund, with a focus on five capital projects.

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.  

Chamberhall 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. 

Salboy Castle Irwell Play

Trafford backs Salboy with £19m facility 

Dan Whelan

The first phase of the developer’s £120m Castle Irwell scheme in Salford is to be funded through the neighbouring council's asset investment programme.