Manchester Office Sold to Climate Change Capital
An office block in Manchester, which is located next to a serviced office space advertised through officebroker.com, has been sold for ┬ú45m according to a report on the North West section of thebuinessdesk.com.
Sold to Climate Change Capital, an environmental investment manager and advisory group specialising in the opportunities generated by the global transition to a low carbon economy, the building is currently occupied by Premier Foods and the Bank of Scotland.
Tim Mockett, joint founder partner of the fund, was quoted on thebusinessdesk.com as saying: “We’re very pleased we have been able to commit this capital so efficiently. This validates our investment thesis and demonstrates the potential for growth of this burgeoning market. We look forward to driving sustainable asset management wins across our portfolio.”
Completed in early 2009, the 100,000 sq ft office building is located in the heart of the financial district of Manchester City Centre and the newly acquired office space benefits from easy access to the local transport network and is less than 10 miles from Manchester International Airport.