Morpeth property specialist brokers major deals in national regeneration schemes
Morpeth-based property investment specialist Admired Properties has brokered a deal for 70 properties at the new Middlewood Plaza in Manchester and 41 sales at Birmingham’s Westminster Works.
Gary Powell, managing director of Admired Properties, worked with developer, High Street Residential, brokering the impressive deals through his global investment property partners.
Middlewood Plaza, which is situated in the heart of the £1bn regeneration zone of Middlewood Locks, is a luxury residential development located within walking distance of Manchester city centre.
Gary, who is from Newcastle and lives in Morpeth, worked both in the UK and Asia markets for over 20 years before establishing Admired Properties in 2017.
He said: “The regeneration taking place in both cities is truly impressive and much of the development that is planned will have a profound impact on both locations for decades to come.
“I take great pride in knowing exactly which investor is suited to which developer and I still get the same amount of satisfaction when a deal is brokered as I did when I first began working in property.”
Westminster Works, located close to proposed high-speed rail network, HS2, linking Birmingham and London, is on the edge of the second city’s Southern Gateway £1bn regeneration zone and is currently being developed.
It will provide, over seven storeys, 220 units, comprising one and two-bedroom apartments.
Admired Properties, which specialises in linking global investors, is also working with High Street Residential - part of Tyneside-based The High Street Group of Companies - at Hadrian’s Tower, Newcastle, where it has brokered the sale of 50 apartments.
Gary added: “It is an excellent time for property investment in the UK. Demand for housing is outstripping the supply and our global investment property partners are keen to be involved in the developments that are happening around the country right now.
“Looking to the future, we know that the need for new housing is only set to increase and we have investors on standby who we can line up with developers at the touch of a button.”
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