Partner Article
Spinningfields office sold £91.7 million
Manchester’s 3 Hardman Square in Spinningfields has sold for £91.7 million.
The 178,508 sq ft office was bought by M&G Real Estate.
The acquisition follows the purchase of 1 Spinningfields Square – a 500,000 sq ft prime office scheme – which M&G Real Estate bought last June.
Lewis Ellis acted for M&G Real Estate and Credit Suisse Asset Management was represented by Knight Frank
M&G Real Estate chief executive Alex Jeffrey said “Our first purchase of 2015 in Manchester reflects our ongoing strategy to reposition our portfolios adding more quality stock,” according to the Manchester Evening News
This was posted in Bdaily's Members' News section by Sophia Taha .
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution