Ashurst has advised Invesco on the asset sale of 1 New York Street, Manchester for circa £55,000,000 to The Royal London Pension Property Fund.

The mixed use building in Manchester comprises over 100,000 square feet of Grade A office, restaurant and bar space.  The sale was preceded by the re-gear of lettings to key tenants.

Real estate Partner Melanie Jordan oversaw the deal. The team was led by real estate senior associate Rudi Hakiman, together with Julie Connolly, Charlotte Assael and Emily Ludlow-Eyre.