Elliot Group gives investors four weeks to save third stalled tower

By Tom Lowe2020-02-24T06:00:00

Careys walks away from £70m Manchester project

Troubled developer Elliot Group has given investors four weeks to save the third scheme stalled by a fraud investigation into its founder Elliot Lawless.

Construction of the £70m tower The Residence (pictured) in Manchester has ground to a halt while the developer writes to investors asking them to “accelerate” their payments.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community