Aviva to forward fund £37.5m Liverpool hotel 

An SPV attached to Mount Property Group has collapsed midway through delivering Natex, a 574-unit scheme on Norton Street.

The Swedish video games developer has taken an initial 7,500 sq ft at Atlantic Pavilion at Royal Albert Dock with a view to expanding up to 12,000 sq ft after 2023. 

After construction engineering company NMCN said it intended to appoint Grant Thornton UK as administrators, Liverpool City Council said it was seeking clarification as to what this would mean for the project.

Liverpool’s 30 James Street, a 63-bedroom facility, has been brought to market by Savills, following the consultancy’s appointment as fixed charge receiver last year.

Divvied up between a £15m grant and £30m loan, the funds will support the creation of the new stadium at Bramley-Moore Dock and improvements to the surrounding area.

The combined authority said it is considering a grant of up to £15m to help with infrastructure work for public space around Bramley-Moore Dock, and a loan of up to £30m towards the construction of the stadium.

YPG Investar Islington House, the vehicle delivering the 413-apartment Fabric Village in Liverpool, has entered administration after a deal to secure development funding for the project fell through due to the pandemic. 

Regional REIT has acquired properties in Manchester, Liverpool, St Helens and Warrington totalling 345,000 sq ft from Squarestone Growth. 

Thomas O’Brien will oversee the development and operation of the city region’s freeport having been appointed by the combined authority and local enterprise partnership.