Pictet Alternative Advisers acquires three Grade II listed office buildings in Manchester

Client(s) Pictet Alternative Advisors SA

Jones Day represented Pictet Alternative Advisers SA in connection with the £119 million acquisition of three Grade II listed office buildings in Manchester, United Kingdom from Helical Plc and continues to act on the acquisition financing with Helaba and establishment of a joint venture with XLB Property.

The Tootal Buildings comprise two iconic Grade II listed interlinked office buildings providing 245,907 sq ft of office space.

35 Dale Street is a Grade II listed building situated in the heart of Manchester's Northern Quarter. The building provides circa 49,130 sq ft of office space, as well as 7,079 sq ft of F&B space.

Fourways is a Grade II listed former packing warehouse located adjacent to 35 Dale Street in the Northern Quarter.