A two-acre site in Dukinfield has been sold to a housing developer.
The land, between Tower Street, Sandy Lane and Prospect Road already has planning permission for 21 houses.
Now, it has been by the Infinity Real Estate Development fund, who invest in commercial and residential schemes across the North West.
The group specialises in the formation, management and operation of investment funds throughout their lifecycle through to exit, in sectors including fintech, green energy, education and healthcare as well as real estate, and others focused on debt and private equity.
Salford Quays-based Infinity is led by partners Daniel Finestein, Sarah Butler and Phil Vickers.
Sarah Butler said: “We are pleased to have completed the latest deal for the Infinity Real Estate Development Fund, paving the way for new housing in Tameside.
“In this uncertain and challenging economic climate, the market for real estate transactions remains strong and we have some very exciting plans for the coming year.”
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