A huge development in Bristol that will see the city’s old Soapworks factory restored has been acquired.
Real estate investment manager Barings made the investment in the scheme, which has a gross development value of £215m, and will deliver it in partnership with developer Socius, which secured planning permission for the site.
The Soapworks project will comprise two new buildings alongside the restoration of the Grade II-listed former soap factory that dates back to the 1860s. According to Barings, it is planning to retain as much of the original building as possible.