Landwood names board director

Agents dismissed talk of the potential death of offices following the Covid-19 lockdown, reporting an upturn in leasing activity in Liverpool and Manchester over the past two weeks. However, they predicted major changes to occupier demand in the short and long term, which will impact the lettings market in the months ahead.  

The consultancy’s flexible workspace arm is going ahead with its 26,000 sq ft Windmill Green lease and looking for future opportunities, even if it is unlikely to open further sites in 2020 beyond its current pipeline. 

The Greater Manchester and Liverpool mayors said town centre regeneration plans could take a different course in the wake of the pandemic, and pressed the Government to deliver adequate funding to help the region emerge from lockdown.

US alternative asset manager Ares Management is nearing a deal to sell the 320,000 sq ft Manchester office building for a price in the region of £150m.

Town Centre Securities, mixed-use developer of Piccadilly Basin in Manchester, has received or agreed payment plans for 86% of quarter rent due and is in talks over the remainder.

The private rented sector specialist at Lambert Smith Hampton talks to co-founder and director of Glenbrook, Guy Butler, about whether there are premium rents being paid in the market.

Following an extensive refurb by Workspace and Sheila Bird, IT support services firm Everything Tech has taken 2,500 sq ft at the Charlotte Street building in Manchester city centre on a five-year lease at £23/sq ft.

The amount of people visiting Manchester city centre fell by 70% from the first two weeks of March to the second two weeks after restrictions on movement were brought in, according to a series of heatmaps produced by Place Dashboard, a shopper behaviour analyst based at Manchester Science Park.