Business and people search

'New beginning' for Urban Splash after 77m sell-off

26th July 2013

Tom Bloxham, Urban Splash's chairman

Tom Bloxham, Urban Splash's chairman

MANCHESTER property developer Urban Splash has sold most of its flagship schemes, including 654 apartments, to social housing landlord Places for People in a £77m deal.The transaction is part of a major overhaul of the debt-laden company's structure that will see it operate under a number of new debt free corporate entities and look for joint venture opportunities.Co-founder Tom Bloxham described the move as a "new beginning" for the company which has been hamstrung by the depressed property market and debts of more than &po......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Stobart shareholders reap dividends

Stobart shareholders reap dividends

30/06/2016Joanne Birtwistle

My Local officially in administration

My Local officially in administration

30/06/2016Clare Burnett

Peer-to-Peer lending platform JustUs is born

Peer-to-Peer lending platform JustUs is born

30/06/2016Joanne Birtwistle

MBI at commercial blinds company

MBI at commercial blinds company

30/06/2016Nick Jackson

How to be the perfect colleague

How to be the perfect colleague

14/06/2016Stephanie Balloo

Brexit puts stop on 16m Revolution Bars deal

Brexit puts stop on 16m Revolution Bars deal

29/06/2016Joanne Birtwistle

Seneca bounces into trampoline parks

Seneca bounces into trampoline parks

29/06/2016Joanne Birtwistle

Adviser brokers transatlantic deal

Adviser brokers transatlantic deal

29/06/2016Nick Jackson

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954