Assura bidding war reignited as PHP improves offer

The investor has acquired a unit at Northbank Industrial Estate for more than £7m.

Oval Real Estate has acquired the 410,000 sq ft asset known locally as the Sandcastle from Starwood Capital and is close to agreeing terms to sell it on.

Ion with Vinci, Capital&Centric, and Cityheart are understood to be the three parties battling it out for the city centre residential opportunity.

Strong connections are a speciality in Bolton. Whether that’s through partnership working, unrivalled transport links that place 60% of UK businesses within two hours of the town, or its reputation as the nation’s friendliest town, writes  Cllr Nick Peel, Leader of Bolton Council.

The club has recouped a chunk of the £750m cost of its 53,000-capacity ground at Bramley-Moore Dock, signing a long-term sponsorship deal with the Liverpool-based law firm.

The council’s planning team is asking members to grant permission to redirect £400,000 earmarked for off-site discounted homes to pay for “sizeable drainage improvements” close to Barratt and Taylor Wimpey’s 450-home scheme at Broken Stone Road.

Jargon busting, six-hitting, and fundraising.

Numbers compiled by Planning Portal operator TerraQuest Solutions show a positive housebuilding trend and cause for “cautious optimism”.

Sheppard Robson, 10architect, Smith Young Architects, and OMA received accolades for their North West-based projects.

Middlewich, Northwich, and Winsford – all within 10 kilometres of each other – are set to bind together to build a consensus on economic priorities and growth strategies after Cheshire West and Chester Council’s cabinet voted unanimously to approve the plan.

A vision outlining plans for thousands of homes, a replacement for Stepping Hill Hospital, and a new school across 280 acres in the east of the town centre has been published.

Salford City Council has approved both the 578-home mixed-use scheme and a 22-storey development at ECF’s New Bailey.

A reserved matters application has been lodged for 104 homes at Cardwell Farm in Barton, the second and final phase of a development that has been in the works since 2019.

Part of the former Bootle High School site is set to be sold by the council to One Vision Housing to facilitate the building of a 53-home project.

An island site at the heart of the Stockport office location, previously marketed for offices, is being lined up for 54 homes in plans now lodged with the local authority.

The authority wants to redevelop two shopping centres at the heart of the town, as well as the former bus station and leisure centre, into a mixed-use scheme featuring 466 homes.

A year on from announcing his sensational return to development with plans for Liverpool’s tallest building, Beetham founder Hugh Frost sat down with Place North West to discuss what tempted him back.

The urban logistics platform of private equity real estate manager MARK has purchased two units totalling 94,200 sq ft.

A string of deals under new owner Landsec has continued with the securing of the British womenswear brand, which will open a 6,500 sq ft store on Peter’s Lane.