Tuesday, 15 April 2014

Greater Manchester Pension fund in £25m property deal. Speculation or safe investment?

The Local Government Chronicle carries an interesting article in its current edition. Not my usual reading but this was brought to my attention:-

"A partnership between Manchester City Council, Greater Manchester Pension Fund (GMPF) and the Homes and Communities Agency (HCA) will create more than 240 houses across five locations.
The three organisations revealed they had signed the contract to create the joint venture company called Matrix Homes which they claim is the first of its kind.
The model will work by using land owned by Manchester City Council plus a site offered by the HCA. The Greater Manchester Pension Fund is providing £25m to finance the build." Full article here

Councillor Kieran Quinn in his capacity of chair of the pension fund said  “The current economic climate has seen homebuilding slow down to an almost standstill, with levels of development not keeping up with the demand throughout Greater Manchester. This new innovative model tackles these issues by promoting development opportunities while at the same time ensuring new attractive, affordable homes are available for our residents.”

In furtherance of this scheme two companies, both with Registered Offices given as the Tameside Council Offices, were formed on 11th April 2014 (4 days ago). They are"Matrix Homes Limited Partnership" and "Matrix Homes General Partner."


The latter company has six directors whose addresses are either Manchester or Ashton Town Halls.
DIRECTOR:
BEARDMORE, PAUL MICHAEL MR
                                           


  Manchester





DIRECTOR:
DOWDALL, PADDY                
Ashton







DIRECTOR:
HALL, ANDREW                 
   Ashton







DIRECTOR:
PAVER, RICHARD MR          Manchester





DIRECTOR:
RAWSTRON, MARK JAMES MR



 Ashton



DIRECTOR:
SMITH, EDWARD ASHLEY LOTE MR



 
Manchester



We shall be keeping a close eye on  this development, if only because my pension is provided my GMPF and I don't want my pension lost in property speculation!

Point to note. 240 houses are promised by this scheme, some for rent, some for sale.

24 comments:

Anonymous said...

Hmmm, familiar names (and faces) on this blog in the last few days. Ferrree interesting.

Anonymous said...

As Roy West walked into the Council officers on Monday 14/4/2014 to collect his nomination papers for this years local elections.
The makings of a newspaper carve was set in motion.
Roy West's accusers maintained from the very beginning, that CCTV cameras were installed to protect them from Roy West's daily harassment.
Surprisingly, there's nothing recorded on this CCTV to SHOW that Roy West is guilty of harassment.
Remarkable after such claims and allegations of daily abuse and harassment.


The Life & Times of RW said...

@anon 1049

"Surprisingly, there's nothing recorded on this CCTV to SHOW that Roy West is guilty of harassment"

Perhaps that's because CCTV was installed. That was the whole point in case you didn't cotton on. No surprise at all really.

Given the man's obsessive, truculent and petty behaviour both on and offline, I'm sure any objective onlooker is more than willing to believe it's a case of six of one and half a dozen of the other.

Sorry, but poor persecuted Roy West the holy one of Dokenfeld isn't the angel the regulars of TC would have the rest of us believe. I know Easter's here, but can we give St. Royston's Passion a rest for once.

Anonymous said...

Pensions are never safe

Anonymous said...

@16:48 but you concede the point about the CCTV then.

Eric Pickles: I'll shut council freesheets that publish 'propaganda on the rates' said...

Eric Pickles has threatened to shut free newspapers given out by five Labour-run councils, accusing them of peddling propaganda.

The communities and local government secretary accused the councils of behaving like Russian president Vladimir Putin, describing the council-published newsletters as "town hall Pravdas", a reference to Russian political newspapers associated with the Communist party.

"It is scandalous that bloggers have been handcuffed for tweeting from council meetings, while propaganda on the rates drives the free press out of business. Only Putin would be proud of a record like that," he said.

"Localism needs robust and independent scrutiny by the press and public, and municipal state-produced newspapers suppress that. Town hall Pravdas not only waste taxpayers' money unnecessarily, they undermine free speech."

Pickles has given the five boroughs a fortnight to defend their actions and to explain why legal proceedings should not be taken against them.

Steven Rudderham: Dad falsely accused of being paedophile said...

I think people should think before they spread vile unfounded rumours, even if they have the backing of the courts and the police.

Gang 'killed falsely-accused man' said...

TC I think it would interest you very much after reading the link to this article.
A man was murdered in an unprovoked attack by a gang because one of them falsely accused him of being a paedophile.

The police have said in Tameside that it's irrelevant that a local man is being accused of being paedophile.
If something like this happened would the police still say it's irrelevant?

Anonymous said...

Britain is full of chronically underpunished scum yet the criminal justice system has limitless time resources to pursue a local eccentric guilty of apparently trifling 'offences'.

League against cruel sports said...

Reading this weeks advertiser I read a letter from some one about blood sports. The writer does not publish his details so much for having guts after he states that he enjoys hunting foxes and shooting.
He must get a buzz out of killing defenseless animals for his own personal enjoyment?

Anonymous said...

No matter how much they try to say it's not a blood sports they do enjoy killing animals.
Saying it's conservation of the Country side is just an excuse to go out and kill defenseless animals.
And why would you need to write a letter to the paper making excuses for killing the wildlife?
If you thought it was OK to kill foxes, then why write a long winded letter to the papers trying to justify you're actions?

Anonymous said...

@09:18 and @09:42 the police are fully aware what can happen when malicious individuals spread rumour that someone is a paedophile in the community.
It's irrelevant to be called a paedophile as one police officer seems to think in Tameside.

Point one Bijan Ebrahimi Burned To Death After False Pedophilia Accusations http://www.huffingtonpost.com/2013/11/04/bijan-ebrahimi-burned-to-death-pedophilia_n_4209497.html

Point Two Pair who killed man wrongly accused of being paedophile in Aberdeen jailed http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-17547377

Point Three
Police: Accused Accrington man is not a paedophile POLICE have handed out hundreds of leaflets to stop vigilantes targeting a man falsely accused of being a paedophile. http://www.lancashiretelegraph.co.k/news/4653251.Police__accused_Accrington_man_is_no_paedophile/

Anonymous said...

You can't claim to be a conservationist and shoot game birds, trap foxes, shooting Geese ect... What are you conserving you're killing......
Blood sports killers are so nasty in their nature, you would not kill a fox, deer, game birds, if you were not a sadists.

Reimer said...

Another case of paedo misidentification from a few years back, resulting in mind-boggling savagery of a level that really makes the case for the death sentence -

http://www.telegraph.co.uk/news/uknews/1489438/Killer-in-mistaken-paedophile-attack-jailed-for-21-years.html

R

Empty Pews said...

RT telling it like it is - one wacky alien creed replacing another. St. Stephen's next to Hyde secondary school is now permanently closed, and the congregation at nearby St. Mary's is comprised mainly of OAPs. Meanwhile the rather conspicuous new mosque right beside Asda in Hyde is teeming with the faithful young & old throughout the week.

Anonymous said...

Yet Roy West's accusers are actually recorded on video but nothing is done.


A WOMAN has been arrested and cautioned for malicious communications after falsely accusing a man of being a paedophile on Facebook.http://www.thenorthernecho.co.uk/news/10936288.Darlington_woman_arrested_for_falsely_accusing_Newton_Aycliffe_man_of_being_a_paedophile_on_Facebook/

Tameside Citizen said...

Mr Roy West will be appearing in court on Wednesday 23rd April. Will posters bear in mind the fact that this case is sub judice and therefore comments will not be published on this matter.Items which are purely factual are permitted. This blog will err on the side of safety and NOT publish anything which could breach the sub judice rules.

Anonymous said...

@21/04/2014 10:37 very true but this is going to be an interesting one.
What is being said is truly appalling, and it's up to Mr West's solicitor to show that. No one on here.

Juggernaut said...

@ Empty Pews, Don't worry about RT, we can trust that bastion of Marxist decei...sorry integrity, the mass media (bought and paid for) to tell the truth about Islam in the UK.
Repeat after me:
Islam is no threat to the UK.
Islam is no threat to the UK.
Islam is no threat to the UK.

According to the last government's official figures: Between 2004-2008 the Islamic population of Britain grew TEN TIMES faster than any other group.
Look around you. But first get off your knees.

Christian said...

Empty Pews said...
RT telling it like it is - one wacky alien creed replacing another

Empty Pews,

I know you enjoy reading so put down your latest David Irving book and try 'Mere Christianity' by C S Lewis. It will open your eyes and give you a new perspective for a change.

Anonymous said...

It gives Lewis' perspective, as a self avowed Christian.
Like all religion and religious views it is essentially subjective.

Anonymous said...

Roy West disqualified from standing in elections. News, he's not disappointed and wishes any anti Labour candidate well.

SerpentSlayer said...

Democracy, do people still believe that one?

Anonymous said...

@21/04/2014 10:37 Roy West has elected to go to the crown court in front of a jury.
Remember there's no secret in knowing this anyone can sit in the court room in the public seating area.
This is the best option to go in my view to show that there's been a high level conspiracy against Roy West.