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Place North West | Nikal and McGoff ink JV to progress long-awaited Altair

Place North West | Nikal and McGoff ink JV to progress long-awaited Altair
placenorthwest.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from placenorthwest.co.uk Daily Mail and Mail on Sunday newspapers.

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Place North West | The Subplot | Nikal, inflation worries

The Subplot | Nikal, inflation worries
25 May 2021, 09:00Comments (0)
Welcome to
Place North West.
THIS WEEK
Reboot for Nikal: Manchester-based developer with schemes in Blackpool and Altrincham is radically reshaped by its new boss
Ride the tiger: inflation is rising steadily, particularly in the construction sector. The North West property industry is waking up to the risks
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Nikal resets at Altair
Loo roll millionaire Alan Murphy has tightened his control over developer Nikal, and backed new boss Richard Fee’s asset sales and slimmed team. What does it mean for the firm’s Altrincham and Blackpool schemes?
Nick Payne, who co-founded Nikal with Alan Murphy in 2003, stepped down earlier this year. The departure of the developer’s chief player left four big schemes in the balance. The local stars are in Blackpool, where a £300m regeneration of the Central Station site is just beginning, and Altrincham’s Altair proj ....

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