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(St Mary’s)

Capiteq is redefining Manchester real estate with a landmark riverside hotel and branded residences development.

A two-tower regeneration scheme with £750M Gross Development Value, delivered alongside Relentless Developments.

Location 
Manchester M3

Partner 
Relentless Developments

Operator 
Marriott International

Auditors 
Deloitte

750M

Gross development value

2

Towers, Edition and St Regis

285

Branded residences

100k

Sq ft Grade A commercial

Q3 '26

Planning submission

( The thesis )

Branded residences are the fastest growing segment of global luxury real estate. The global pipeline has nearly tripled in a decade, with 910 operational schemes worldwide by end of 2025 and a further 837 projects contracted through to 2032. The average global premium over comparable unbranded equivalents now sits at 33%, rising to 39% in resort locations. Marriott Edition and St Regis sit firmly within this premium tier.

Manchester is the UK's most credible challenger to London pricing. St Michael's, delivered by the same Relentless team in partnership with Marriott's W brand, launched Manchester's first branded residences at the same scale and benchmark pricing of £350k to £6m, with units sold internationally including in Singapore and Hong Kong.

Saint Mary's, with the more prestigious Edition and St Regis partnerships, is positioned to outperform.

( Capiteq's position in the scheme )

Capiteq holds a 50% joint-venture position in the St Mary's Parsonage regeneration scheme alongside Relentless giving us a direct equity stake in one of the most significant urban regeneration programmes underway in the North West. Our role is not passive. We are an active development partner, contributing capital, commercial oversight, and strategic direction to a scheme with a gross development value of £750 million and a mandate to fundamentally reshape this part of Manchester's Spinningfields district.

( Precedent )

The fastest-selling launch to date at record-breaking prices, with units priced from £350,000 to £6 million and Savills as exclusive sales agent into Singapore and Hong Kong.

Salboy, on St Michael's, the same developer's preceding scheme

Relentless Developments' St Michael's scheme, delivered with Salboy and KKR, launched Manchester's first branded residences in partnership with Marriott's W brand at the same scale. The anchor security pool for the Capiteq Property QPIF sits behind a confirmed two-phase development programme, contracted with two of the most prestigious hotel brands in global hospitality, delivered by the developer responsible for Manchester's most successful branded residence launch to date.

( For qualifying investors )

Access Saint Mary's through the Capiteq QPIF.

Important notice

For professional and eligible investors only. This material is provided for information and marketing purposes and does not constitute an offer or invitation to subscribe for, purchase or otherwise acquire any securities. References to the Saint Mary's Parsonage scheme, including aggregate Gross Development Value figures, target profits and forecast returns, are forward-looking estimates only and are not guarantees of outcome. The Saint Mary's scheme is subject to planning consent which has not yet been granted. References to comparable schemes including St Michael's, Manchester are provided for context only and are not a guarantee of comparable outcomes.

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The most common questions allocators, advisers and private investors ask before working with Capiteq.

We deploy capital across three core strategies: commercial and residential real estate, private credit and alternative asset management. Our property programme centres on prime urban regeneration assets; our credit platform provides secured, structured facilities to established borrowers.

Our investment products are available exclusively to high-net-worth individuals, sophisticated investors, family offices, and institutional counterparties. Each prospective investor undergoes a formal suitability assessment prior to access.

Every Capiteq position is structured as senior-secured first-charge lending, backed by real assets or contractual cash flows. Loans are deployed through special purpose vehicles with full asset registration, conservative loan-to-value thresholds, and waterfalls designed to prioritise the return of investor capital. Real-time portal reporting and ongoing covenant monitoring run through the life of every position.

Investment minimums, target returns, and tenors are disclosed per product in the relevant Information Memorandum. Structured credit and property instruments are typically fixed-term, ranging from 12 to 36 months.

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