Joanne Parr Close Brothers

COMMENT | Funding for growth in Manchester

In the past 12 months, Manchester has seen house price growth of 4.5%, while London experienced an increase of only 0.2%, writes Joanne Parr of Close Brothers Bridging Finance.

Arrif Ali

Grosvenor eyes regional expansion

Grosvenor Britain & Ireland has announced plans to invest between £10m and £30m in housing and retail repurposing with a particular focus on Greater Manchester, Merseyside, and Liverpool.

Chester North Woodhey House Hotel Mercure

Talash brings hotels to market

Chloé Vaughan

Two hotels in Cheshire and one in Wigan have been brought to market as part of a wider portfolio sale by Talash Hotels Group.

Hindley Green Wigan

Cording sells off Wigan industrial

Cording Real Estate Group has sold a Wigan industrial estate as part of a £20m disposal reflecting a net initial yield of 8%.

Asda Altrincham

Altrincham Asda sold for £22.5m

Aberdeen Standard Investments has sold a 71,000 sq ft Asda foodstore in Altrincham for £22.5m to the Greater Manchester Pension Fund.

Salford Junction

Salford advances major road projects

Comments (12)

Salford Council is set to sign off a series of highway improvements, chief among them the commitment of £4.5m to the Trafford Road corridor vital for accessing MediaCity and Salford Quays.

Stone Cross 72

Owner-occupier buys industrial site

Oxenwood Real Estate and Stoford Developments have sold a 126,000 sq ft logistics facility at Stone Cross Park in Golborne, also announcing a start on site by GMI on a 72,500 sq ft neighbouring building.

ANDY BURNHAM NTS 2018

Trafford secures Bee Network funding

Comments (1)

Transport for Greater Manchester has committed £21m in its latest walking and cycling route investment, with £10.4m to be spent linking Sale town centre, Sale Moor and Sale Water Park to Chorlton, and £11.5m allocated to Urmston.