Pomona Island development forward sold for £23m

VISTA, a private rental sector joint venture between Hermes and Countrywide, has forward purchased the first phase of Manchester Waters from Rowlinson Construction in a £23m deal.

The development was awarded planning consent in November 2015 for 164 build-to-rent apartments totalling 96,547 sq ft and 105 car parking spaces.

It is being developed by Rowlinson Construction, which has acquired the site on long leasehold from Peel Land & Property.

This phase at Manchester Waters will be the first sche... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...