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North West Evergreen Fund Provides Loan for Soapworks Project

MANCHESTER, UK-The North West Evergreen Fund has provided a GBP 6-million loan to The Carlyle Group and its partners Abstract Securities and Nikal Developments for the Soapworks redevelopment in Salford.

By GlobeSt News Hub | Updated on December 03, 2012

MANCHESTER, UK-The North West Evergreen Fund has provided a GBP 6-million loan to The Carlyle Group and its partners Abstract Securities and Nikal Developments for the Soapworks redevelopment in Salford. The investment will support the second phase of the 400,000-square-foot office redevelopment of the old Colgate-Palmolive factory within Salford Quays’ Media City boundary near Manchester.

The second phase will provide 210,000 square feet of office space. Construction is expected to start in early 2013 and will be completed in late 2013. For the full story, go to PropertyMall .

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