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Dan Whelan Separate acquisitions by Warrington Council and Pictet Alternative contributed to £325m of deals recorded in the city’s office market last year, more than any other major UK city outside London, according to consultancy Avison Young.  In November, property investor Helical sold its Powerhouse Portfolio, comprising three Manchester office assets, to Pictet Alternative for £119m, while a month earlier, Warrington Council agreed to forward fund BT’s North West headquarters at English Cities Fund’s New Bailey to the tune of £112m, as revealed by Place North West.   Those two deals were the largest in terms of value of office sales transactions outside London in 2020 and helped Manchester record £235m of deals in the final quarter of a turbulent year, Avison Young’s Big Nine Q4 2020 report found.

City ofUnited kingdomGlasgow cityMark cookeColmore squareMark williamsAvison youngDan whelanBailey warrington councilWarrington councilEnglish cities fund new baileyFour new baileyPictet alternativePowerhouse portfolioEnglish cities fundNew bailey