Accrue Capital secures M7 Capital loan to refinance two assets

M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £4 million loan to Accrue (Forum) LLP. The Sponsor (Accrue Capital) is a property investment, development, and asset management business with experience across all real estate sectors. The company invests its own […]

Posted by: Mya Driver

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Bruntwood and L&G seek new partner for SciTech arm

A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […]

Posted by: Mya Driver

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GLP acquires Trafford Park 9-acre logistics site

GLP has acquired a logistics site in Trafford Park in Manchester totalling nine acres. The site is currently occupied by Tenmat, a leading manufacturer of advanced materials and components who is subsequently relocating to a site in Irlam at the end of 2022, and has significant redevelopment potential. Cushman & Wakefield advised Tenmat on the […]

Posted by: Mya Driver

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Greater Manchester and Liverpool regional leaders unite to champion Levelling Up opportunities at UKREiiF

UKREiiF is a new annual event that will connect people, places and businesses in order to accelerate the levelling up agenda and unlock sustainable, inclusive and transformational investment Conference speakers include a host of senior figures from national and local government, as well as leading developers and investors Awards to celebrate pioneers in the ESG […]

Posted by: Nathan Spencer

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£2.5bn injection to deliver 18,000 homes across Greater Manchester

Greater Manchester Housing Providers (GMHP), a unique partnership of regional housing providers working together to make a positive different to people and communities, have released major plans to develop 18,000 new homes across the region in the next 5 years. It forms part of their vision to deliver 50,000 new and affordable homes by 2037 […]

Posted by: Mya Driver

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Chancerygate submits plans for new industrial and warehouse development

Chancerygate has submitted plans to speculatively build 72,140 sq ft of industrial and warehousing space in Bredbury, near Stockport. Called Cromwell Park, the proposed scheme will be located on a four-acre site in Bredbury Park Industrial Estate and comprise 10 Grade A  leasehold units ranging from 1,927 sq ft to 22,001 sq ft. The projected […]

Posted by: Mya Driver

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Bill to extend HS2 to Manchester handed to parliament

The prospect of high-speed journeys adding extra capacity into the rail network, and helping to close the distances between towns and cities in the Midlands and North, took a giant leap forward today (24 January 2022) as the Bill for the Crewe–Manchester extension of the HS2 network was submitted to Parliament. The Bill sets out […]

Posted by: Mya Driver

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