Aviva Investors has reached the practical completion of its development at Old Granada Studios, part of the new Enterprise City neighbourhood in Manchester.
The asset management arm of Aviva had committed £300m towards delivering the new neighbourhood in 2018.
Enterprise City is one of several investments made by Aviva Investors across Manchester. In 2019, it committed £45m towards Circle Square, a retail and leisure development, while also owning 11 York Street, 11 Portland Street, 40 and 55 Spring Gardens.
Old Granada Studios, the former home of Granada TV, is now home to Soho House members’ club, together with a 128-bed Mollies Hotel and Diner, both of which have opened and started trading.
Head of regional investment management at Aviva Investors, Julian Cobourne, said: “This is a best-in-class example of Aviva Investors helping the UK get ready for the future, regenerating communities across the country and creating dynamic new places for people to live and work in, and which can also deliver investment outcomes for savers and investors.”
