ACRE Capital have advised Pictet Alternative Advisors and XLB Property on the £119m acquisition of The Powerhouse Portfolio from Helical Plc.
The portfolio comprises three Manchester office assets including Tootal Buildings, 35 Dale Street and Fourways. The buildings provide 362,000 sq ft sq ft of modern office accommodation with exceptional character located in the heart of the vibrant Manchester CBD and Northern Quarter.
Property Type: Office
Transaction Type: Acquisition
Client: Pictet Alternative Advisors / XLB Property