Member Article

Spinningfields office sold £91.7 million

Manchester’s 3 Hardman Square in Spinningfields has sold for £91.7 million.

The 178,508 sq ft office was bought by M&G Real Estate.

The acquisition follows the purchase of 1 Spinningfields Square – a 500,000 sq ft prime office scheme – which M&G Real Estate bought last June.

Lewis Ellis acted for M&G Real Estate and Credit Suisse Asset Management was represented by Knight Frank

M&G Real Estate chief executive Alex Jeffrey said “Our first purchase of 2015 in Manchester reflects our ongoing strategy to reposition our portfolios adding more quality stock,” according to the Manchester Evening News

This was posted in Bdaily's Members' News section by Sophia Taha .