Close Brothers returns with Sarah Point deal

CLOSE Brothers has committed loan finance to the Sarah point residential scheme in Manchester, in what has been billed as its first significant investment in the North since 2008.

The site in Ancoats, which was started by Bashar Issa - who was jailed on Monday for tax fraud - has a steel frame but has been mothballed since 2008.

Now work is due to start after finance was secured from Close Brothers and the Homes and Communities Agency, which has committed £6m from the Get Britain Building fund, on top of £4... For the full story register now for free or login below...