Premier Inn, Manchester

Bank of Ireland

Location & Size
c. 80K sq ft residential development in Manchester

Acted as Asset Manager

  • Instructed in 2010
  • Managed the planning process and achieved a change of use to a hotel
  • Secured Premier Inn on a new 25-year lease
  • Forward sold in 2012 to a major UK pension fund for £17M, 35% ahead of business plan
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