Chester’s Northgate scheme under review

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.

The logistics developer has increased its revolving credit facility to £130m, among other steps taken to boost its financial position in challenging market conditions. 

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.

A group of private investors has acquired the building from where the region’s 999 calls are handled from Jersey-based AAIM Warrington Trustee at a net yield of 7.3%.

The local enterprise partnership has appointed CBRE to manage a fund to invest in low-carbon building improvements and R&D schemes in the area.

The Warrington-based firm founded in 1898 has appointed administrators, Place North West understands.

The company behind the Government's HS2 rail project was over-ambitious and there is "significant uncertainty" as to whether it can be completed between 2036 and 2040 as planned, a report from said.

Specialist care home investor Target Healthcare has purchased a development site in Rudheath for £9.7m, on which it plans to build a 68-bed elderly care home.