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.
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