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Podium is  a £120m GDV scheme being delivered by developer Glenbrook and main contractor Domis Construction with 440 residential rental units in Trafford, Greater Manchester.

The first phase is due to complete in spring 2026 having been under construction since the first quarter of 2024 as part of a forward funding agreement between Glenbrook and Moorfield.

Moorfield, a UK real estate fund manager has entered a joint venture with Greater Manchester Pension Fund (GMPF) to develop, own and operate the development.

The 440 homes will be arranged across four buildings and a central podium, with a range of housing types available, including apartments and townhouses aimed at young professionals and families. All residents will have access to ground and podium-level amenities; resident lounges, reception areas, co-working space, a gym and studio, roof terrace, cycle storage and a 200-space car park.

Podium is within Lumina Village and forms part of the Trafford’s 55-acre Civic Quarter masterplan. The masterplan will see up to 4,000 new homes delivered alongside new public realm, green space and over 500,000 sq ft of mixed commercial space. 

Podium represents Moorfield’s third BTR investment in Manchester, with previous investments including The Trilogy in Castlefield (sold in 2021) and Duet in Salford Quays (sold in 2022), which were part 1,000+ home BTR portfolio assembled between 2012 and 2017.

Moorfield Group chief investment officer Charles Ferguson-Davie said: “This transaction enables us to recycle capital into other compelling opportunities we are seeing within UK living real estate. There is a long-standing structural demand-supply imbalance, and a need for new housing of different tenures and typologies.”

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