Salford student accommodation firm fails
Administrators have been appointed at a Salford student accommodation business after it “struggled to sustain its financial commitments due to challenging economic conditions”.
David Costley-Wood and Brian Green, restructuring partners at KPMG, are joint administrators to Salford Student Homes, which traded from The Crescent, Salford.The pair have been appointed joint receivers over one commercial site and 36 residential properties in Greater Manchester.
The commercial property and 25 of the residential properties were owned by a private individual …