Online fashion firm acquires another city centre building

ONLINE fashion retailer boohoo is expanding with the acquisition of a property in the Northern Quarter of its home city of Manchester.

The company’s subsidiary UK has bought the building on China Lane – near to the company’s Dale Street head office - for £1.6m from Jogo Associates Pension Scheme, whose beneficiaries include Mahmud Kamani, boohoo’s joint chief executive.

The price-tag due is subject to an independent valuation, payable in cash with 10% due on exchange exchang... For the full story register now for free or login below...