Tag: Peel Group

MediaCityUK Set for New £1bn Second Phase

Media City UK set for new £1bn second phase
Posted on 8 June, 2016 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

Plans for a £1bn expansion of MediaCityUK has been announced by Peel Land & Property and Legal & General, which are to be submitted to Salford Council. The new scheme is for ten buildings totalling 2.3 million sq ft and will comprise 540,000 sq ft of... Read More

Peel confirms First Port Salford Tenant

Posted on 29 March, 2015 by Cliff Goodwin under Commercial Developments

A leading infrastructure, transport and property investment group has confirmed the first tenant of its multi-million pound Manchester development, after council planners cleared the way for it to push on with the logistics scheme. In 2009, the Peel... Read More

Peel Group sells 50 per cent share of MediaCityUk

Posted on 11 March, 2015 by Cliff Goodwin under Business News

Legal & General Capital has secured a half share in Europe’s biggest purpose-built creative, digital and technology campus for an undisclosed sum. Manchester-based developer Peel Group will continue asset management at the 37-acre MediaCityUk and... Read More

Peel provides “one-stop-shop” for Hotel Investment

Posted on 19 September, 2014 by Cliff Goodwin under Business News

Peel Leisure — the Manchester-based subsidiary of the Peel Group — has completed a re-branding of its hotel division aimed at creating a “one-stop shop” for investment in the sector. Based at its parent company’s Trafford Centre offices,... Read More

Peel buys Salford Quays Digital World Centre

Posted on 10 September, 2014 by Cliff Goodwin under Commercial Sales and Lets

One of the UK’s largest property investment companies has added to its Salford Quays holdings by acquiring the Digital World Centre for an undisclosed sum. The Peel Group already owns a high-tech hub and a retail complex on the Manchester Ship Canal... Read More

Revenues Rise at Media City

Posted on 18 January, 2013 by Neil Bird under Top Properties

A host of new tenants at Media City has led to revenues almost doubling for the Peel Group, the company that owns the site. Recently released figures show a jump in revenues from £9 million to £17. 1 million following a rapid increase in take-up since the... Read More