PATRICK PROPERTIES ACQUIRES PRIME MANCHESTER BUILDING

19th July 2010

North West property development and investment company, Patrick Properties has acquired a 16,500 sq ft multi-let office building in the heart of Manchester city centre. Patrick Properties bought the landmark building on the corner of Tib Street and Cross Street from Ethel Austin Shared Investors for £2.4 million, reflecting a net initial yield of 6.8% and has relocated to the building from its Wilmslow office.

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For further information please contact: Anna de la Perrelle

0161 209 3443
anna@papr-uk.com