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by Stephen Chapman
Bruntwood Scitech has seen its turnover rise 34.5% (£40.1m) over the last financial year.
The owner of science and technology developments in Manchester, Liverpool and Alderley Park also saw its portfolio value increase to £526.8m (2019: £438.2m). However, while its gross profit has risen to £9.9m, it reported pre-tax losses of £7.6m (2019: £20.1m profit).
“The UK’s science and technology sectors have been two bright spots amid the economic challenges of the pandemic, as well as remaining central to the country’s long-term growth prospects. And our proposition is perfectly aligned to supporting each sector’s opportunities today and in the future,” stated Chris Oglesby, Bruntwood SciTech’ Executive Chairman.