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Old July 18th, 2017, 01:11 PM   #41
jrb
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Bold! ?

Place North West.

Quote:
M&G Real Estate has bought 101 Embankment, the 165,000 sq ft office built at Salford’s Greengate by Ask Developments, Carillion and Tristan Capital Partners, for £105m, a net initial yield of 5.3%.




The office completed in January, and Ask is on site with sister office 11 Embankment, due to complete by the end of the year

https://www.placenorthwest.co.uk/new...sold-for-105m/
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Old July 18th, 2017, 01:22 PM   #42
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Are Ask on site already for 100?
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Old July 18th, 2017, 01:23 PM   #43
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Better get a move on then.
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Old July 18th, 2017, 01:54 PM   #44
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Where's Ed?

He's in with the PNW lot.

Perhaps he can shed some light on that sentence?
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Old July 18th, 2017, 02:20 PM   #45
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Bold by Salford City Council rather than the developer. They've taken the headlease to de-risk it. It worked for 101.
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Old July 18th, 2017, 03:13 PM   #46
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Think Jrbster was referring to bold text rather than bold endeavour...though I could be wrong!
End of year and 11 rather than 101 might be the eyebrow raising bit.
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Old July 18th, 2017, 04:54 PM   #47
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I contacted them about it earlier so hopefully they've edited it by now
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Old July 18th, 2017, 05:15 PM   #48
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Is there a room 101 in building 101?
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Old July 18th, 2017, 05:20 PM   #49
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Quote:
Originally Posted by PotreroHill View Post
Think Jrbster was referring to bold text rather than bold endeavour...though I could be wrong!
Ha, I think you're probably right!

No sign of activity unless you take the closed car park as a sign (was it ever open?)

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Old January 12th, 2018, 01:59 AM   #50
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This crept under the Christmas radar.

If true, all but confirms construction will start in 2018.


Quote:
Embankment
Embankment
@Embankmentmcr
·
20 Dec
Looking forward to the next year when 100 @Embankmentmcr will be under construction!

https://mobile.twitter.com/embankmentmcr
A nice CGI reminder.

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Old January 12th, 2018, 01:24 PM   #51
ScouseinManc
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I've been so waiting for this
Can't wait for construction to start
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Old Yesterday, 02:36 PM   #52
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Quote:
Contingencies and contractor replacements lined up for Carillion projects

17 Jan 2018, 12:17

Charlie Schouten and Neil Tague

....

Carillion previously delivered 101 Embankment at Greengate in Salford, which is now fully let to insurance giant Swinton, and was expected to build the next office, 100 Embankment, for Ask. However, it is understood that the developer has been in conversations with a different contractor for a number of months following Carillion’s profit warning in July.
https://www.placenorthwest.co.uk/new...lion-projects/
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