Commercial Sales and Lets



Tritax adds to Big Box Portfolio

Posted on 5 May, 2015 by Cliff Goodwin under Commercial Sales and Lets

A global fashion chain has had one of its two national and European distribution centres in Staffordshire bought by a real estate investment trust. Tritax Big Box paid more than £30m for the logistics warehouse, one of two adjoining properties at... Read More

Strong Early Interest shown in Manchester’s London Road Fire Station

Posted on 3 May, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Manchester’s London Road Fire Station is finally being put up for sale ending years of wrangling over its future – and it is already attracting enquiries. The listed building, which is on English Heritage's at-risk register, will now be marketed to... Read More

Last Vacant Opus Park Unit sold to Car Dealership

Posted on 28 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

A multi-franchise North-East car dealership has purchased the last unit on Opus North’s Preston Farm Industrial Estate complex on Teesside. The Jennings Motor Group, which also owns an adjacent unit, paid an undisclosed sum for the 93,000 sq ft Opus... Read More

Lichfield Retail Park changes hands for £13.3 Million

Posted on 27 April, 2015 by Chris Grigorovsky under Commercial Sales and Lets

London Metric Property has announced that the Metric Income Plus Limited Partnership (MIPP), its joint venture with the Universities Superannuation Scheme, has sold its Lichfield retail park to Mayfair Capital for £13.3 million. The sale reflects a net... Read More

Great Wigmore Partnership sells 95 Wigmore Street in £222.4m Deal

Posted on by Chris Grigorovsky under Commercial Sales and Lets

The Great Wigmore Partnership (GWP), the 50/50 Joint Venture between Great Portland Estates and Aberdeen Asset Management, has announced the sale of 95 Wigmore Street in a combined deal worth £224 million. The sale reflects a net initial yield of 3.4 per... Read More

Scottish Industrial Assets prove Attractive to Investors

Posted on 26 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

Two trading estates have been acquired by companies attempting to strengthen their Scottish portfolios. The deals — in the country’s national and industrial capitals — are worth more than £14m. In Edinburgh, Aviva Insurance has paid Prestonfield... Read More

Curzon pays £33m for Trouble-Hit Dartford Shopping Centre

Posted on 25 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

A Curzon Capital Partners’ (CCP) fund — advised by Tristran Capital Partners — has paid £33m to take control of a trouble-hit south London shopping centre from the Co-operative Bank. Acquired in conjunction with shopping centre investor Ellandi,... Read More

Rockspring completes £56m Edinburgh Office Acquisition

Posted on 23 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

Global asset manager, Carlyle Group, has sold its award-winning office block in the centre of Edinburgh to Rockspring’s UK Value Two Fund for £56m. The property is the eighth British asset acquired by the fund and brings its holding to £260m. The... Read More

Hammerson disposes of Drakehouse Retail Park as New Occupiers are confirmed at Bullring and The Oracle

Posted on by Chris Grigorovsky under Commercial Sales and Lets, Top Properties

Hammerson has completed the sale Drakehouse Retail Park in Sheffield to 90 North Real Estate Partners in a deal reportedly worth £61.7 million. The 226,000 sq ft retail park is fully let to occupiers including Homebase, Currys, Wickes and B&M. Hammerson... Read More

Local Logistics Firm snaps up one of Largest Industrial Properties in South Wales Valleys

Posted on 22 April, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Logistics company Gerry Jones Transport, has acquired one of the largest available industrial properties in the South Wales Valleys, Bilfinger GVA reports. The 8.5 acre site, which includes a 105,700 sq ft warehousing and storage facility, is on the... Read More