PNW.
Whitbread has sold a plot off Medlock Street earmarked for a 37-storey tower to the Greystar-owned operator for its first development in the city.
Student Roost, which was acquired by investor Greystar along with its portfolio in 2022, has bought the former Premier Inn site, which is earmarked for one of the largest proposed student accommodation schemes in Manchester.
Whitbread, working with developer Domivus secured planning consent for a 1,014-bed PBSA scheme – with an accompanying 392,800 sq ft 13-storey office – last year. Student Roost’s acquisition does not include the office element.
View attachment 123881
Whitbread has sold a plot off Medlock Street earmarked for a 37-storey tower to the Greystar-owned operator for its first development in the city.
www.placenorthwest.co.uk