The owner of Manchester City F.C. has agreed to invest in a joint housing development venture with Manchester City Council that would see 6,000 houses built close to the ground. The Abu Dhabi United Group (ADUG), a UAE-based private equity business, plans to invest £1bn as part of the venture. The project, named the Manchester…
Salford Council has given planning permission to a new development called One New Bailey, which will be situated next to the bank of the Irwell. Phil Mayall, who works for Muse Developments, has commented: “This is a significant step forward in New Bailey’s journey. We have made excellent progress on site to date with the…
A Manchester Grade-II listed building has recently changed hands for over £11m, with the buyer prepared to transform the old office site. Guy Wilson, who is a partner with the new owners Catalyst Capital, stated: “We will be undertaking a major repositioning of this property for completion in 2015.” Mr Wilson has stated that he…
Energy firm D-ENERGii has acquired office accommodation within Central Park – an East Manchester location that has undergone considerable regeneration in recent years. The property in question measures 12,000 square feet and the company is hoping to expand its workforce in the years ahead. Shak Ahmed, Managing Director of D-ENERGii, has said: “The new headquarters…
Proposals for the regeneration of the area surrounding Cornbrook Metrolink station have entered the consultation phase recently. This process is continuing under the auspices of the local authority of Trafford, although its Manchester counterpart has been involved. Michael Hyman, of Trafford Council, has stated: “The delivery of the proposed development will support the transformation of…
A business incubator connected with one of Manchester’s universities has recently begun the process of moving. By late spring, the Innospace unit should be ready for action at a campus belonging to Manchester Metropolitan University. A services manager at the University, Louise Kenworthy, said: “We are supporting and training our graduates in the local area…
Industry in Manchester has been on an upswing since just before the 2002 Commonwealth Games. Since the city hosted the event, however, new building efforts and business investments have not slowed. This continued forward progress is seen partially as a result of the press from hosting the games, but also from the positive spirit of…
Acting jointly with Edwards and Co, TSG Property Consultants were appointed by United Utilities to market the remaining 25,000 sq ft of refurbished accommodation in Linley House. After a successful marketing campaign My Home Move have decided to acquire the entire 5th and 6th floors totalling just 20,000 sq ft with the remaining 5,000 sq…
TSG Property Consultants are pleased to announce that after being appointed by Orchard Street Investment Management to market Building 5400 on Cheadle Royal, they have sold the building to the Jarden Corporation who will occupy the building as their new European Headquaters. Trevor Sloan commented that at 30,000 sq ft this is was one of…
TSG Property Consultants are pleased to announce that after being appointed by the UC Group to acquire their new UK headquaters, they have successfully acquired 8,800 sq ft on the 19th floor at 40 Bank Street in London’s Canary Wharf. The UC Group is one of the world’s leading companies providing integrated solutions of payment…
Owning a home is a keystone of wealth… both financial affluence and emotional security.