Promenade Estates has sold The Observatory in Liverpool to social housing provider Torus for £3.65m, with the 21,000 sq.ft building to become the housing group’s head office following its merger with Liverpool Mutual Homes. To read more about the acquisition, click here

Advising Torus/LMH, Phil Winckles from Keppie Massie stated “We are delighted that Torus/LMH been successful in acquiring The Observatory.  Improved take-up with the City has resulted in a notable lack of quality available stock and the purchase will provide long term security for Torus/LMH.

Keppie Massie is a national, independent firm of highly-experienced surveyors and property consultants.

From its original north west base, the firm has grown over the past 20 years to have offices across the UK, reflecting the scope and scale of the commissions and projects it regularly undertakes. Its enduring success is founded a commitment to quality, knowledge and innovation.

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