Towers, Didsbury - November 2011
MREFII acquired The Towers, an urban business park in Didsbury South Manchester in November 2011. The opportunity was identified through Moorfield’s partnership with Manchester based Property Alliance Group, who will be Moorfield’s property management partner in the implementation of the business plan.
The estate consists of nine office buildings, totalling 290,000 sq ft, set within 19 acres of landscaped parkland. Under the new ownership, there are plans to undertake a comprehensive refurbishment programme throughout the estate, including extensive landscaping works.
Located only a short walk from Didsbury Village, The Towers location and abundance of surrounding amenities are key to its tenant appeal. The M56 is less than two miles away and the current and future public transport links further enhance the employer/ee appeal. There is a nearby main bus station and the new Didsbury Metrolink is due for completion in 2013. The nearby East Didsbury railway station currently provides regular 12 minute journey times to Manchester city centre and Manchester International Airport.
The Towers is currently occupied by high profile tenants including British Airways, John Lewis, Vodafone and Cisco.
Key Facts
- Acquired in November 2011
- Nine office buildings, totalling 290,000 sq ft set within 19 acres of landscaped parkland
- Excellent public transport links by rail and road