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Place North West | GALLERY | Premier Inn's Circle Square hotel opens


Sarah Townsend
The 158-bedroom property on Princess Street designed by architect Feilden Clegg Bradley Studios opens to the public today as the operator’s fifth in Manchester.
The 16-storey hotel is located within developers Bruntwood SciTech and Vita Group’s £750m Circle Square mixed-use scheme off Oxford Road. The hybrid building comprises a 1,014-space car park across the first nine floors, and the hotel is located on floors nine to 15, taking Premier Inn’s Manchester portfolio to more than 960 rooms.
Construction of the hotel main contractor Russell WHBO completed in December.
Click any image below to launch gallery 
Parent firm Whitbread already has four Premier Inn hotels in the city – in Dale Street Piccadilly, Deansgate Locks, Portland Street and West Didsbury – and is actively seeking sites that could accommodate up to 200 rooms to further grow its portfolio, ....

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Place North West | Ashtrom's £82m First Street buy confirmed


Sarah Townsend
The Israeli investor has completed its acquisition of No.8 First Street in Manchester from the Greater Manchester Property Venture Fund and investment manager Patrizia.
The pair sold the 170,000 sq ft city centre office scheme to Ashtrom Properties UK for £82m, according to a statement today.
The block in Manchester’s First Street regeneration district was developed by Ask Real Estate on behalf of the GMPVF and Patrizia. It completed in 2019, two years behind schedule as the result of delays including the collapse of Lakesmere, a subcontractor involved in cladding the building.
The six-storey property is occupied by office tenants including energy company Gazprom, multidisciplinary firm WSP, cinema operator Odeon, broker Willis Towers Watson and Swiss chemicals and biotechnology firm Lonza. ....

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Global group Accor to operate two hotels at £260m Gateshead regeneration scheme


Global group Accor to operate two hotels at £260m Gateshead regeneration scheme
The dual branded building will house a Novotel and the region s very first ibis hotel
Updated
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Developer quits £300m Manchester tower JV


Developer Ask has pulled out of a joint venture to build a £300m tower project in Manchester.
Ask has exited the JV behind the 375-apartment, 40-storey Viadux tower and an adjacent 14-storey office, it had entered into with fellow developer Salboy.
It is now to be solely developed and built by Salboy, a firm co-founded by billionaire Fred Done. It is currently under construction by Salboy’s construction arm Domis.
According to documents filed with Companies House, Ask Real Estate ceased control of the company formed to deliver the scheme, Ask Central, on 23 February. Three directors, Jonathan Cross, Mark Morgan and John Hughes also left the business on the same date. The delivery company has since been renamed Salboy Central. ....

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