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101 Princess Street


Manchester

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101 Princess Street


Manchester

Partnering with the digital entrepreneurs at Blenheim Chalcott we  acquired this building in the heart of Manchester's "knowledge quarter" in January 2016

Following the introduction of the incubator Accelerate Places, the property was sold in July 2017 for a 1.46 x equity multiple.

Mixed Use Office/Nightclub Investment

39,810 sq ft

Purchase Price: £ 5.95 mil (January 2016)

Sale Price: £ 8.1 mil (July 2017)

1.46 x Equity Multiple

29.2% IRR