Piccadilly Warehouse CGI Beech

Beech secures £14m to back schemes

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Neil Tague

Bank of London & The Middle East has extended its first facility for Greater Manchester to the residential developer to fund projects in Castlefield, the Gay Village and near MediaCityUK.

Brewery Plans

Old Brewery Gardens developer owes creditors £10m 

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Dan Whelan

Prosperity UX Manchester, the company behind a 556-home project on part of the former Boddington’s site, collapsed in May after its directors were faced with “imminent bankruptcy proceedings”, according to a report by administrators. 

New Victoria Office Building, Muse Developments And Morgan Capital, P Muse

Manchester dominates regional deals, says Big Nine report

Neil Tague

Manchester’s investment market outstripped regional competitors in the second quarter of 2021, while the opening of The Spine should help reignite the Liverpool market, according to Avison Young’s round-up of regional markets.

Andrew Davies Wates

Kier predicts £4bn revenue this year

Julia Hatmaker

Citing a mix of cost saving measures, long-term framework agreements and the sale of Kier Living, the Manchester-based construction firm said its results for the fiscal year ending 30 June will be moderately ahead of board expectations.

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Bruntwood inks £276m growth loan

Sarah Townsend

The sustainability-linked debt facility with Aviva Investors is the Manchester-based developer’s second, following a £95m deal with Legal & General last month.

Baltic House 1

Former North Point Global director disqualified

Dan Whelan

The Insolvency Service has barred Antonio Garcia-Walker from being a company director for eight years after he misused more than £4m of investor deposits on schemes in Liverpool and Trafford. 

Mayfield Park River Medlock NEW

U+I targets return to profit by 2023

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Sarah Townsend

The listed developer, part of the consortium delivering Manchester’s £1.4bn Mayfield regeneration, said it would spend the next year “resetting the business” after reporting an £86m loss last month.