Lawrence Jones, founder and chief executive of Manchester technology firm UKFast, has agreed a deal with Manchester City Council to acquire the 120,000 sq ft plot of land opposite the firm’s Birley Fields campus.
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.
The business internet services provider has made a series of appointments to its non-executive board from the property and investment world, following on from its recruitment of former Trafford Council leader Sean Anstee earlier this year.
The proportion of visitors to Manchester using Airbnb in 2017 climbed from 3.6% to 5.6% as the online platform accounted for more than 304,700 overnight stays, according to data from Colliers International.
Work will start in earnest next week on The Factory, described as the “most aspirational, ambitious cultural project in the UK for 50 years," while a deal could be close with media production giant Endemol Shine to occupy the ABC Buildings.
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