ENW Report Cover

Power provider seeks property partners

Electricity North West, the network operator and provider of power to Greater Manchester, Lancashire and Cumbria, has launched a drive to establish strategic partnerships with developers and major landowners.

Spine Image

Morgan Sindall posts 23% profit hike

The multi-disciplinary contractor has reported group revenue up by 6% to almost £3bn, with pre-tax profit reaching £81.6m in its full year results.

Peter House Manchester

Patrizia confirms Peter House sale

Comments (1)

German investor Patrizia Immobilien has announced that its UK Value 2 Fund has completed the disposal of Manchester office building Peter House to BP Pension Fund for £45.1m, reflecting a yield of 5.12%.

Intu reports £1bn loss as portfolio value plummets

The retail business, which operates the Trafford Centre among a 20-strong estate, has reported a loss of £1.1bn after a torrid year for retail saw the value of its portfolio written down from from £10.5bn to £9.2bn.

PRS REIT Aerial

PRS REIT picks up four more sites

The PRS REIT has continued its acquisition spree, signing contracts for four additional sites over the course of January.

Annette Bramley

NW in 2019 | University challenge

Creating environments that support collaboration and innovation is vital for our region’s future prosperity, writes Annette Bramley, with universities playing a leading role.