Place North West | Manchester investment market 'buoyed by Q4 deals'
Dan Whelan Separate acquisitions by Warrington Council and Pictet Alternative contributed to £325m of deals recorded in the city’s office market last year, more than any other major UK city outside London, according to consultancy Avison Young. In November, property investor Helical sold its Powerhouse Portfolio, comprising three Manchester office assets, to Pictet Alternative for £119m, while a month earlier, Warrington Council agreed to forward fund BT’s North West headquarters at English Cities Fund’s New Bailey to the tune of £112m, as revealed by Place North West. Those t...
Source: placenorthwest.co.uk