Winckworth Sherwood is representing Clarion on the acquisition of a canal-side property in central Manchester that will be developed into 63 apartments and 3 town houses for sale on a shared ownership basis.
The site is to be developed on behalf of Clarion by H20 Urban, a joint venture between developer Bloc and the Canal & River Trust.
Winckworth Sherwood said its team negotiated the sale agreement (conditional on planning) and a development and funding agreement. It also assisted in agreeing the underlying construction documentation.
The team was led by real estate and social housing partner Charlie Proddow. It included real estate solicitor Amandeep Sira and construction senior associate Ed Lamport.