Bywater Properties (Bywater) has today announced the successful acquisition of 35 Fountain Street, a 6,503m2 office scheme located in the heart of Manchester’s prime central business district. The strategic investment of 35 Fountain Street is Bywater’s second investment in the city and further solidifies their commitment to enhancing their portfolio across the UK.
The property has been acquired by Bywater with planning consent already granted for a comprehensive refurbishment and repositioning of existing accommodation with additional massing across two additional floors. Bywater is committed to implementing the consented scheme as closely as possible, with their usual unrelenting focus on delivering with sustainable materials – particularly timber.
Patrick O’Gorman, CEO at Bywater, said “We are delighted to announce our acquisition of 35 Fountain Street as part of plans to expand our portfolio across the UK. Our vision is to deliver a sustainable, high-quality office building that will enhance the urban fabric and transform occupier experiences in Manchester. By remaining steadfast in our use of sustainable materials – particular timber – we are ensuring Bywater’s assets, such as 35 Fountain Street, are built as resilient, long-term investments.”
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