Asset adviser Hermes Investment Management has made its second multi-million pound purchase in Croydon this year. Last month the British Telecom Pension Fund vehicle acquired the South London town’s only dedicated dining and leisure complex, when it... Read More
Commercial Estates Group (CEG) has acquired a trio of office assets in the South of England totalling £22.7 million, and committed an additional £10 million for refurbishments. The Octagon in Colchester was acquired from Shay Property Investment for... Read More
Belfast’s Windsor House office block — one of the tallest buildings in Ireland — has been acquired by Hastings Hotels. The leisure group paid £6.5m for the 23-storey complex and will submit conversion plans within weeks. The 122,557sq ft... Read More
Manchester is becoming an increasingly popular destination for European investors, with the rate of development building as the government presses forward with its “Northern Powerhouse” goal. Hoping to capitalise upon this is German real estate investment... Read More
Patron Capital — the pan-European property investor — has continued its UK acquisitions campaign by scooping up properties in Reading and Leeds for more than £100m. Arlington Business Park in the Theale district of Reading accounted for... Read More
Global investment capital raised for commercial property has hit a post financial crisis high of US $429 billion according to DTZ. The capital by five per cent in the six months ending in March, supported by increased equity raisings, but was down on... Read More
The 28-acre Oxfordshire headquarters of the bankrupt Caterham Formula One racing team has been put up for sale by the receivers with a guide price of £5.5m. Formed in 2012 as a British Grand Prix team — as a spin off from the sportcar manufacturer... Read More
Ivanhoé Cambridge has completed its third City of London acquisition in the past six months, following the announcement that it has paid an undisclosed seller around £130 million for 21 Lombard Street. 21 Lombard Street is a prestigious building just... Read More
The Crown Estate has announced that it has agreed to purchase the long leasehold interest to 35-40 Friary Walk, a 32,000 sq ft retail property in Worcester’s Crowngate Shopping Centre. The Crown Estate already owns the freehold rights to the... Read More
The stalled redevelopment of a West Midland’s town centre looks set to start this year after the site was sold in a £6.4m deal — with more than 50 developers and investors scrambling to buy the “oven ready” plot. Salmon Harvester Properties... Read More
