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Henry Boot has announced the acquisition in a statement to the City
The group s property development business, HBD, has acquired City Court, a 26,900 sq. ft. industrial estate located on Poland Street in the city s Ancoats neighbourhood, from vendors Urban Splash and Pears Group. The property is fully let to eight tenants, including Ticketmaster UK and Sky Telecommunications Services.
In a statement to the City, Henry Boot said: The estate has a low average rent per square foot of under £10 and offers good rental growth and asset management opportunities. In the medium term the Group will also explore the opportunities for a significant urban residential development. ....

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