20 acres | c. £20m
Sector.
Development / Land
Client.
Reality Estates
Location.
Manchester
Disposal of strategic development site.
Edwards acted for Reality Estates on the disposal of Riverpark Trading Estate, a 20-acre site located close to the Etihad Stadium in Manchester.
The site was acquired by Kellen Homes and is set to be redeveloped into approximately 390 residential units, highlighting the strong demand for well-located urban regeneration opportunities.
Our work.
Edwards advised on the disposal strategy, identifying appropriate purchaser profiles and managing the process through to completion. The transaction demonstrates the team’s ability to unlock value through repositioning and to deliver successful outcomes on complex development opportunities.
The Results.
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Project overview.
A large-scale urban regeneration opportunity with significant residential development potential.
The challenge.
To position a complex site for redevelopment and identify a purchaser capable of delivering a large-scale residential scheme, while maximising value for the client.
What we delivered.
Edwards advised on disposal strategy, identifying appropriate buyer profiles and targeting residential developers. The team managed negotiations and guided the transaction through to completion.
The result.
The site was acquired by Kellen Homes and will be redeveloped into approximately 390 homes, unlocking the site’s development potential and delivering a strong capital outcome for the client.
