Legal & General Investment Management is understood to have exchanged contracts to buy one of the towers within Renaker's 1,500-apartment Owen Street development, currently under construction in Manchester.
Knowing that his future lay in the property industry came 25 years ago for Tom Bloxham of Urban Splash. However, a revelation about the future of the sector came much more recently in 2005, when he first witnessed offsite construction in action.
Chorley Council has granted planning permission for the large-scale redevelopment of FI Real Estate Management’s Botany Bay site to create a retail outlet village, 288 homes and 300,000 sq ft of logistics space.
An application from Seddon Homes and Quorum Development Management for 79 houses off Westbrook Crescent will go before Warrington’s planning committee on Wednesday 15 August with a recommendation for approval.