Poseidon House, Cheadle

Cromwell sells Cheadle office

Australian investor Cromwell Property Group has sold Poseidon House in Cheadle, Stockport to a London-based private investor for £6.9m, reflecting a net initial yield of 6.8%.

Hercules Office Park

RLAM offloads Cheadle offices

Property Alliance Group has sold 35,000 sq ft of offices at Hercules Business Park in Cheadle on behalf of Royal London Asset Management, for whom it managed the asset, for £5.125m to Leeds-based buyer Crookshank Properties.

Alison And Leader

McKenzie-Folan lands top job at Wigan

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Deputy chief executive Alison McKenzie-Folan is to take over from Donna Hall as Wigan Council’s chief executive, following a recommendation from the council’s employment committee.

Stephen Chalcraft

Chalcraft joins MLP

Property lawyer Stephen Chalcraft has joined Altrincham-based MLP to head up the firm’s real estate and built environment team.