Magnus in US tie-up

Magnus in US tie-up
MACCLESFIELD-based landlord Magnus has struck a deal with US-based Karlin Real Estate that will see it commit 16 properties to a new joint venture.

MACCLESFIELD-based landlord Magnus has struck a deal with US-based Karlin Real Estate that will see it commit 16 properties to a new joint venture.

Magnus said its properties, which consist of 458,000 sq ft of North West offices, will be combined with Karlin's UK portfolio of sites in the region and in the Midlands.

The venture follows a recapitalisation of Magnus by Los Angeles-based Karlin which has seen it replace the previous lender.

Magnus' managing director Nick Hynes said: “We are delig... For the full story register now for free or login below...

Close