Page 8 - New Bailey News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dan Whelan The construction group increased its cash reserves by £140m during the 12 months ended 31 December 2020, helping it to weather a 30% pre-tax profit drop, according to a stock exchange filing.  Morgan Sindall Group reported a pre-tax profit of £61m for the full-year 2020, down from £89m in 2019 but in line with the company’s November projections.  The group attributed the drop in profits to “additional costs incurred from site closures and implementing new safety processes, lower productivity on sites, and construction delays”.  Despite this, Morgan Sindall bolstered its...

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...

Show Fullscreen The 12-storey building will be clad from top to bottom in ivy Make Architects has been given the go ahead for a 12-storey commercial building in Salford featuring a full-height living wall. The developers said the building would be 100% fossil fuel-free, with the ivy absorbing air pollution, reducing nearby temperatures, providing insulation and improving biodiversty in the surrounding area. The building will also make use of sustainable materials, including recycled steel and cement replacements in its substructure and superstructure. The architect claims this will result in ...

TIME Square is being tipped to persuade shoppers to stay in Warrington instead of travelling to nearby Manchester and Liverpool.

Paul Partington has joined the consultancy’s Manchester office after five years as head of property management at Roger Hannah.