Mountpark lets 300,000 sq ft at Omega
The logistics developer has let a 308,000 sq ft distribution unit to meal box delivery company Gousto, the first deal struck for the second phase of the Warrington industrial complex.
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Covid-19 was ‘final straw’ for Cruden, administrators say
Administrators at KPMG have been formally appointed to Cruden Group, Cruden Construction and Cruden Property Services, after Place North West revealed that the Warrington-based firm was on the brink of collapse.
IN FOCUS | Hospitality dusts itself down ahead of reopening
After months of uncertainty, Boris Johnson yesterday confirmed an end to the sector’s enforced “hibernation” by announcing bars, restaurants and hotels can reopen from 4 July, but hospitality professionals are wary despite this positive step.
‘Shovel-ready’ projects line up for Govt funding
Several towns and cities plan to tap into the Government’s latest offer of funding to progress property and infrastructure schemes, with council-led partnerships in Blackpool, Wyre, Cheshire and Warrington among those readying bids.
Latest occupier signs at £142m Time Square
Gravity Active Entertainment, a family entertainment provider with sites in Leeds, Milton Keynes and Norwich, has become the latest tenant to commit to the Warrington retail and leisure scheme with a 31,000 sq ft leasing deal.
Councils lend LEP £30m for Science Corridor schemes
Cheshire East Council is to agree a £10m loan to the Cheshire & Warrington LEP at its cabinet meeting tomorrow, adding to funds also being put in by neighbouring Cheshire West & Chester and Warrington councils.
Chester’s Northgate scheme under review
The meandering saga of the £70m mixed-use project has taken another turn with Cheshire West & Chester Council’s cabinet asked to agree to a "revised financing arrangement" in light of the pandemic.
COMMENT | How does Warrington cope in a downturn?
With the launch of the Warrington Annual Property Review postponed until later in the year, we looked at historic data from the past 22 years to explore how resilient the town’s economy is to economic shock, writes Vince Sandwell, managing director of BE Group.
Harworth secures £30m credit increase amid Covid-19
The logistics developer has increased its revolving credit facility to £130m, among other steps taken to boost its financial position in challenging market conditions.
Region’s low-carbon energy cluster scoops funding
A project to map out the UK’s first net zero carbon industrial cluster by 2040, located in the North West and incorporating the HyNet hydrogen and carbon capture storage plant near Ellesmere Port, has received Government grants to spur its delivery.
