Commercial Sales and Lets



Government launches King’s Cross Stake Sale

Posted on 17 August, 2015 by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets

The government has announced the beginning of the sale process of its stake in the redevelopment of King’s Cross with the proceeds returning to the Treasury. The news follows Chancellor George Osborne’s announcement that the government intended to sell... Read More

Crown Estate plans £150m Fosse Park extension

Posted on 14 August, 2015 by Neil Bird under Commercial Developments, Commercial Sales and Lets

The Crown Estate is poised to embark on a £150 million extension to Leicester shopping destination Fosse Park, after reaching a conditional agreement to buy the 12.5 acre Castle Acres site. The purchase of the site is subject to Blaby District... Read More

Aberdeen Commercial Property Sales Surge to Three-Year High

Posted on by Chris Grigorovsky under Commercial Sales and Lets

According to the Scottish Property Federation (SPF) Aberdeen was close to the forefront of a surge in commercial property transactions in Scotland during Q2, with activity in the Granite City hitting a three-year high of £201 million. The research shows... Read More

Picton completes Sheffield Retail Warehouse acquisition

Posted on 12 August, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Property investment company Picton has acquired the freehold of a Sheffield retail warehouse for £17.7 million, reflecting a net initial yield of 6.6 per cent. The property, which was built in 2002,  is located on an established nine acre site close to... Read More

Helical JV sells One Bartholomew Close for £102.4m

Posted on 11 August, 2015 by Neil Bird under Commercial Sales and Lets

A joint venture between Helical Bar and funds managed by The Baupost Group has agreed the £102.4m sale of its jointly owned company which owns One Bartholomew Close EC1 to clients of Ashby Capital. One Bartholomew Close is a 211,000 sq ft scheme which... Read More

WELPUT redeploys West End sale proceeds into The City

Posted on 10 August, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Central London property trust WELPUT, which is managed by Schroder Real Estate and advised by Quintain Estates and Development plc, has announced two significant transactions involving £160m. The deals take the total value of WELPUT's acquisitions and... Read More

New £200m Leisure Fund completes First Three Transactions

Posted on by Cliff Goodwin under Commercial Sales and Lets

A year after it was launched to target the leisure property market Otium Real Estate (ORE) has completed its first three transactions from its £200m Otium Leisure Ventures fund. Led by founder and chief executive Ashley Blake, the property investment... Read More

AXA Real Estate’s 1 Tudor Street Acquisition Completed

Posted on by Chris Grigorovsky under Business News, Commercial Sales and Lets

AXA Real Estate Investment Managers SGP, an affiliate of AXA Real Estate Investment Managers, has announced that the acquisition of 1 Tudor Street, London, on behalf of AXA Selectiv' Immo from Aberdeen Property Trust has been completed in a £59 million... Read More

European Commercial Property Investment Opportunities Available, in Spite of Falling Yields

Posted on 9 August, 2015 by Jodee Redmond under Business News, Commercial Sales and Lets

Investment activity in Europe is strong, leading to falling property yields in a number of markets. The best opportunities for investors at present are in the industrial sector, according to research conducted by DTZ. The recently published Fair... Read More

Mayfair Capital Breaks £400 Million in Charity Fund

Posted on 8 August, 2015 by Chris Grigorovsky under Business News, Commercial Sales and Lets

Mayfair Capital Investment Management has announced an increase in the investment portfolio of its flagship fund, Property Income Trust for Charities (PITCH), after three acquisitions totalling £31.4 million, putting the portfolio value at £404 million.... Read More