Post-Covid recovery in the region’s two biggest cities will be driven by Manchester’s economic expansion over the past five years and buoyant build-to-rent sector, and Liverpool’s busy port and associated industries, as well as momentum in life sciences, Avison Young said.
The financial giant's merchant banking division, working with operating partner Pitmore, has acquired a 918-home portfolio of North West rented houses from Gatehouse Bank.
Primary Health Properties has acquired the 2016-built West Derby Medical Centre for £4.6m.
The Liverpool City Region Station Commission is drawing up proposals for a rail station that would link Liverpool city centre with High Speed Two and Northern Powerhouse Rail services.
There are always places and sectors that buck trends, even in challenging times, so which parts of the Liverpool city region’s economy are charging ahead, asked a Place North West event.
Proposals for the site of the disused former St James station on the edge of Liverpool’s heritage quarter have received £1.5m from the city region authority, which has agreed to acquire land to progress the scheme.
The manufacturer of Liverpool Gin and Lambrini has instructed Savills to market its headquarters in Huyton Business Park, a holding of around 450,000 sq ft on a 28-acre site.
The city council will today unveil a roadmap to drive Liverpool’s economic recovery following a battering from the coronavirus pandemic, focussing on boosting public services to support deprived neighbourhoods.
Manchester’s buoyant residential market has helped to keep the city’s property industry afloat in recent months, while Liverpool has remained broadly resilient, but the latest Covid restrictions are worrying, said consultancy Avison Young.
The telecommunications giant has shelved its pipeline deal to take 80,000 sq ft at Kier and CTP's £200m Pall Mall scheme indefinitely, due to market uncertainty amid the pandemic.
