Products & SolutionsWho We ServeCase StudiesContact Us
Login
Search Articles

M&G in for Spinningfields trophy as Manchester comes to boil

M&G Investments is in the driving seat to buy the 186,000 sq ft 3 Hardman Square in Manchester’s Spinningfields from Credit Suisse Asset Management for around the asking price of £93m, CoStar News understands, as Manchester’s office market comes to the boil at the end of 2014.
CoStar News
November 25, 2014 | 7:30 P.M.

Market sources this week said M&G had edged ahead of strong bids from interested parties including TIAA-Henderson and Legal & General to take preferred bidder status at a price that reflects a circa 5.5% yield, .

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Explore CoStar

Already A Subscriber? Sign In

Follow us on Social Media

IN THIS ARTICLE