Manchester offices surge as large deals fall into place

The Manchester office market stepped up a gear in the year's second quarter, with 284,000 sq ft transacted in the city centre alone according to the latest figures from the Manchester Office Agents Forum.

Birchwood Park Aerial Development Land

Council bids to buy Birchwood Park from Oaktree Patrizia

Paul Unger

Warrington Council is in advanced talks to buy Birchwood Park for around £200m in one of the largest property acquisitions in the rising local authority investment market, as council chiefs battle austerity cuts with bets on rental income.

Sigma PRS REIT

PRS REIT commits £75m in opening six weeks

The first listed real estate investment trust to invest in new build homes in the private rented sector, established by Sigma and the HCA, struck a steady tone in its maiden trading update since launching at the end of May.

Factory Groundbreaking

MIF Factory starts on site

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Laing O’Rourke has started work on £110m cultural venue The Factory in St John’s, Manchester, designed by Dutch practice the Office for Metropolitan Architecture.