Renewed enthusiasm
Article Abstract:
Demand for office space in south Manchester, England, is continuing to rise with take-up for 1998 estimated at 57,176 sq mt, up 40% from 1997. Demand for existing buildings means there is a chronic undersupply, with hardly any stock available under 20,000 sq mt. However, seven schemes under construction should help redress the imbalance, while several refurbishments are also likely to be popular. Rents are becoming increasingly expensive, with 17.50 pounds sterling per sq ft expected for 1999.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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The roads to recovery
Article Abstract:
Office investment in the Salford Quays area of Manchester, England, has gained maturity with the help of major infrastructure improvements. The opening of the Metrolink extension has made it easier to market office schemes, according to Chris Mulcahy of Jones Lang Wootton. Other major developments planned for Salford Quays are the openings of the Lowry Centre and a northern branch of the Imperial War Museum, which will help make the area an all-round environment.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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Preparations for action
Article Abstract:
Office investment in the northern area of Manchester, England, has been patchy, but construction of the Castlebrook Business Park is expected to prove popular. The scheme, close to the M67 and due for completion in late summer 1999, is north Manchester's first major development for ten years. A predcited growth market for the area is call-centres because of the availability of a ready workforce.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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