Preston Road 2

Land assembly starts on £190m Preston road scheme

Land assembly and compulsory purchase orders for a 4.3km dual carriageway to the west of Preston, connecting the A583 Preston to Blackpool Road at Lea with a new Junction 2 on the M55, are due to start after being approved by Lancashire County Council.

KF Delph Court St Helens Lower Res

Network Space shifts portfolio for £42m

The Newton-le-Willows developer has sold a 630,000 sq ft industrial portfolio to investor Colombia Threadneedle for £41.9m, reflecting a net initial yield of 6.37%.

LCR SHELMA SREA

Liverpool edges towards spatial framework

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Neil Tague

Liverpool City Region Combined Authority and West Lancashire Council have published a draft Strategic Housing and Employment Land Market Assessment, a key stage in putting together its Single Spatial Framework to guide development up to 2037.

Guildhall Street Warehouse Conversion

Preston pushes city living with fresh strategy

Cushman & Wakefield has produced a city living prospectus for Preston City Council as the authority seeks to attract investment into residential projects within the city centre.

We Are Lancashire

We Are Lancashire: the place for growth – Summary, slides + pictures

More than 120 developers, investors and property professionals drawn from across the North West gathered for a special inward investment event focusing on the commercial opportunities and investment potential offered by Preston, South Ribble and the Central Lancashire region.

St Modwen posts £197m profit drop

The Birchwood-based developer recorded a turnover of £287.7m in 2016, equal to its revenue in 2015, however profits dropped from £258m to £60.9m this year.

Imperial Hotel Blakcpool

Fragrance snaps up Blackpool’s Imperial Hotel

The Singapore-based investor has followed up its acquisition of the Municipal Buildings in Liverpool city centre with the £12.8m purchase of Blackpool’s Imperial Hotel.