Premier Inn

Manchester

Client
Bank of Ireland

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

Role
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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