Stockport’s Alma Lodge Hotel sold

Gaerwen Properties has let a unit at Bredbury Industrial Estate to gas distributor Cadent Gas.

The local authority has acquired the 450,000 sq ft Spindles Town Square Shopping Centre for an undisclosed sum to “kick-start” the town's £306m regeneration, said council leader Sean Fielding.

The trustees have agreed to disclose details of bids received for the High Lane community club to members and give them a say on any pending deal.

The vehicle repair company has leased 20,500 sq ft at Tenax Cross, the most recent development at the Greater Manchester industrial park.

LSE Retail Group has agreed a lease at the 136,000 sq ft warehouse in Irlam with developer Marshall CDP.

Cleartech Communications has signed a five-year lease to take the 3,700 sq ft Chesham House at St Georges Square office park. 

The mayoral development corporation has hired three high-profile directors, including past RICS president Louise Brooke-Smith, to join its board as it progresses large-scale regeneration projects in the town.

The investor has sealed a ground rent deal under which it will acquire the freehold of more than 1,800 residential and commercial properties across Bolton and increase the value of its portfolio by 50% to £100m.

Architecture and design practice AEW Architects has completed a management buyout led by managing director Andy Rainford and director Colin Savage.