The lack of development finance in the market is forcing office developers to consider alternatives to traditional grade A product, so says Allied London's chief executive Mike Ingall.
Ingall spoke to EG's Daniel Cunningham this week at the annual North West reception at Manchester's Epernay champagne bar.
You can listen to the full interview by clicking below in which Ingall explains how developers will focus less on the traditional grade A office building. "There will be scope in the next year to 18 months to do something a little bit different," he says.
Mike Hawkins, partner with WHR Property Consultants says that there are 1m sq ft of unsatisfied large requirements focussed on Manchester with new entrants into the city from London and other UK cities.
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