Irwell Chambers

Irwell Chambers extension secures funding

Comments (1)

Frontier Development Capital and Lloyds Bank Commercial Banking have committed more than £2m to fund the development of 20 apartments at the top of Irwell Chambers in Liverpool’s Castle Street Conservation Area.

Andy Burnham

Burnham names advisory panel

Comments (1)

Greater Manchester Mayor Andy Burnham has cast the net wide in selecting his first Business Advisory Panel, with just one representative of the property sector being named, in Nicola Hodkinson, director of business services at Seddon Construction.

Sapphire7864

Quorum sells warehouse portfolio for £18m

Wilmslow property company Quorum Estates has sold its industrial portfolio to sector specialist investor Warehouse REIT for £18.25m, reflecting a net initial yield of 7%.

Royal Liverpool Hospital Facade

Fears for supply chain as Carillion goes under

Comments (3)

Neil Tague

Question marks hang over the immediate future of several key regional projects and the financial wellbeing of suppliers following the news that construction and services giant Carillion is to enter liquidation with immediate effect.

KF Delph Court St Helens Lower Res

Network Space shifts portfolio for £42m

The Newton-le-Willows developer has sold a 630,000 sq ft industrial portfolio to investor Colombia Threadneedle for £41.9m, reflecting a net initial yield of 6.37%.

PRS REIT Aerial

Sigma fund fully committed

The Manchester-based residential investment vehicle PRS REIT has fully committed the £250m raised in its May 2017 float ahead of schedule.

Bright Building 1

MSP refinances with green lending package

Manchester Science Partnerships has agreed a £50m debt facility with Lloyds Bank Commercial Real Estate, in a three-year package which is the first deal of its kind completed by Lloyds in the region.

Langton Dock Bootle Credit Chris Allen

COMMENT | Ugly ducklings of property funding

Ducklings don’t get much uglier than a post-war infill warehouse near Bootle docks with all the attributes – or possibly more accurately, lack of them - that it suggests, writes Dougal Paver, strategic marketing advisor to the Chrysalis Fund.