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Morgan Sindall posts 23% profit hike

The multi-disciplinary contractor has reported group revenue up by 6% to almost £3bn, with pre-tax profit reaching £81.6m in its full year results.

Intu reports £1bn loss as portfolio value plummets

The retail business, which operates the Trafford Centre among a 20-strong estate, has reported a loss of £1.1bn after a torrid year for retail saw the value of its portfolio written down from from £10.5bn to £9.2bn.

Poseidon House, Cheadle

Cromwell sells Cheadle office

Australian investor Cromwell Property Group has sold Poseidon House in Cheadle, Stockport to a London-based private investor for £6.9m, reflecting a net initial yield of 6.8%.

Middlewood Locks Compressed

PRS brand takes 800 Middlewood Locks apartments

A joint venture between Delancey Oxford Residential, APG and Qatari Diar has confirmed the forward-purchase of more than 800 rental homes at Middlewood Locks in Salford, to be managed by its Get Living platform.

Orbit Developments' Clipper House In Sale

Clipper deal adds to South Manchester momentum

The South Manchester office market is on course for a record-breaking year, as insurance broker Bollington Wilson’s letting of the 27,400 sq ft Clipper House in Sale added to a raft of fourth quarter deals.