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News Release

Manchester

Jones Lang LaSalle completes sale of Bromborough development site to Taylor Wimpey Homes


Manchester, 2nd November 2010 - Acting on behalf of the Universities Superannuation Scheme Jones Lang LaSalle has sold a five acre development site adjacent to Croft Retail Park, off the A41, at Bromborough on the Wirral to Taylor Wimpey Homes. The site, which has been sold for an undisclosed sum has the benefit of residential planning permission and will provide 86 family dwellings.

Kieran McLaughlin, associate director in Jones Lang LaSalle’s Residential Development and Investment team in Manchester who advised on the sale, said: “This sale demonstrates that developer confidence is once again returning to the North West residential land market and that house builders have an appetite for sites in good locations and are actively seeking development opportunities.”