Schroders has confirmed it has completed two further lettings at Manchester’s City Tower, each of which achieved new headline rents of £25 per sq ft. The first deal involves energy procurement services provider LG Energy (LGE), which has agreed to... Read More
The new owner of Manchester’s City Tower has confirmed it is hiring a planning team to look at ways of upgrading the area surrounding the building. Schroders Property Investment Management paid £132m City Tower in the summer. Fronting both... Read More
As prices in the London commercial property market in London continue to soar, investors are increasingly turning to the leading regional markets. One of the prime locations is Manchester, with investment managers at Schroders now actively seeking... Read More
One of the tallest buildings in Manchester has been sold for £7m above the asking price. City Tower, in Piccadilly Gardens, was placed on the market earlier this year for £125m and immediately attracted interest from potential buyers. In April it was... Read More
After increasing interest from international investors Bruntwood has sold Manchester’s 30-storey City Tower to asset manager Schroder for £132m — seven million above the regional landlord’s asking price. The sale of the 615,000 sq ft tower is... Read More
