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Langtree completes acquistion of Carrington Estate
Manchester, 2 December 2013 - On behalf of Shell, Jones Lang LaSalle has completed the sale of its 1,600 acre Carrington Estate and Business Park in Greater Manchester.
The site has been acquired by Langtree Group for an undisclosed sum. Recognised as one of the largest development opportunities in the region, the site is considered suitable for a major mixed use development, providing new settlements and new large scale employment opportunities.
The deal will mean ‘no change’ for the existing tenants of the site, says Langtree Group chief executive John Downes.
“In the meantime, it’s business as usual for all occupiers of the estate and we’re looking forward to having a mutually successful relationship with them going forward.”
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Cathrine Harrison - PR
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