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.
Salboy and Cert buy Old Trafford site
A joint venture between Cert and Salboy has completed the purchase of land at 86 Talbot Road, Old Trafford with planning permission for 90 apartments over 10 storeys.
Liverpool MIPIM programme announced
The schedule for Liverpool City Region’s MIPIM campaign has been released ahead of the international property showcase in Cannes next month.
PLANNING | Consent secured for retail park expansion
The Derwent Group’s plans for a 145,000 sq ft second phase at Liverpool Shopping Park on Edge Lane have been approved, along with other schemes including the George Henry Lee building’s redevelopment as a hotel.
Part-subterranean housing proposed at Woolton
Rushton Properties has submitted an application for a housing development close to Woolton Manor in Liverpool.
Bardsley begins latest Trafford Housing Trust project
Bardsley Construction has started on site with a £6.6m scheme for Trafford Housing Trust in Sale, while progressing two further projects for Silver Lane Developments and Onward worth a combined £9m.
Patrizia confirms Peter House sale
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%.
Book your tickets for Place Cannes Do
Now in its fourth year, the annual Place Cannes Do will see more than 450 property professionals gather for an afternoon of quality networking in Manchester, the week after MIPIM.
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.
Muller adds three to land team
Cheshire developer Muller Property Group has announced a trio of appointments in Ben Willett, Jonothan Croft and Richard Lawrence.
Forshaw joins Bolton residential spree with £35m scheme
Following Muse’s £150m Church Wharf scheme and a proposed 20-storey tower by Midia, Forshaw has put forward plans for a £35m development in the centre of Bolton featuring more than 260 homes.
Blackpool Central developer eyes 2020 start
Developer Nikal is targeting autumn 2019 for the submission of a planning application for the first phase of the £300m Blackpool Central, as negotiations progress with the council over the acquisition of land.
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