Asset Manager swoops for phase one of shopping park

Asset Manager swoops for phase one of shopping park

An asset management business has made a multimillion-pound investment to acquire phase one of Handforth Dean Shopping Park in Cheshire.

Aviva Investors has bought the entire phase one scheme in Handforth comprising a Next retail store, a conservatory, a garden centre, a coffee shop and associated car parking, which opened to the public in November 2016, from Consolidated Property Group (CPG).

A planning application to convert the garden centre into further retail space is due to be considered by Cheshire East Council's strategic planning board on 24 May 2017. Proposals for phases two and three of the Handforth Dean Shopping Park development are also due to go before councillors at the same meeting.

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