Investment fund Squarestone Growth has acquired a business park near Manchester Airport for £20.5m from Barwood Capital and db symmetry, representing a net initial yield of 8.57%.
Manchester Green is a fully refurbished business park comprising five buildings extending to a total of 107,224 sq ft together with 491 car parking spaces across 7.5 acres. It is let to tenants including WorleyParsons Europe, Ingredion, Chiesi and Assetz SME Capital.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts