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