A Northern Ireland council has paid almost £25m for a city centre office block — so that it can knock it down and build a replacement. The £24.7m deal — said to be the “most significant office development in Belfast for ten years” — comes... Read More
Stenprop has paid £75m for a prestige office building in the heart of London’s West End. The 65,000 sq ft block was purchased as 50-50 joint venture with an un-named partner. In a statement confirming the 25 Argyll Street acquisition, situated... Read More
Leading global private equity and alternative assets investment firm H.I.G Capital has completed the acquisition of the Grosvenor Shopping Centre in Chester for a sum of £65 million. The 250,000 sq ft retail property lies on Pepper Street in the heart... Read More
Orchard Street Investment Management has successfully acquired 64/76 New Oxford Street in a £36.5 million off market deal, on behalf of St James's Place Wealth Management. Jaro Real Estate purchased the mixed-use West End property in 2011 on behalf of... Read More
Irish property investment company Green REIT has confirmed it has conditionally agreed to buy an office building under construction in Cork city centre for up to €58m (£42m). Half the Albert Quay block has already been pre-let. With an early 2016... Read More
The off-market takeover of a property company has given an investment trust control of a Cambridgeshire retail warehouse park. Highcroft Investments — through its property owning subsidiary, Rodenhurst Estates — paid £8.5m to buy out all six... Read More
A specialist Channel Islands real estate investment company has added to its portfolio of landmark buildings with the purchase of a prestige Guernsey office block. Carey House — a 26,814 sq ft complex at Admiral Park — has been acquired by the... Read More
Following its recent purchases in Shoreditch and Farringdon the National Farmers Union Mutual Insurance Society has paid £21.6m for a third office building — this time in London’s Fitzrovia district. Acquired through the society’s subsidiary,... Read More
According to Savills Market in Minutes report, there has been an 18 per cent year-on-year increase in deals over €100 million throughout Europe in Q1 of 2015. The report also found that portfolio transactions increased by 23 per cent year-on-year,... Read More
Taiwan-based Cathay Life Insurance has paid £575m for a prestige City of London office and retail block less than 200 yards from the Bank of England. The 440,000 sq ft Walbrook Building remained empty long after its completion in 2010 by Minerva when... Read More
