A real estate investment trust specialising in the South East and London office and industrial markets has shed two of its assets to allow it “to invest in future growth opportunities”. McKay Securities says both sales, with a combined value of... Read More
LondonMetric Property PLC has sold the 170,000 sq ft Travis Perkins distribution facility in Brackmills, Northamptonshire to CBRE Global Investors for £14.4 million. The facility was acquired in November 2013 for £9 million, with four months remaining on... Read More
Property adviser Bilfinger GVA has completed the sale of Birmingham City University's North Campus to Perry Beeches Academy Trust. The two buildings in Perry Barr, totalling 112,000 sq ft, are to be refurbished and remodelled in time for the 2016/17... Read More
Shopping centre redevelopments continue to be hugely popular amongst UK commercial property investors and development groups, with many now choosing to look further afield for potential properties to acquire. This has been the case for Aberdeen based Drum... Read More
After announcing that Manchester was high on its acquisitions hit list, investment manager Kames Capital has paid £17m for one of the city’s iconic office buildings. The sale comes less than 24 hours after property investor, Boultbee Brooks, snapped up a... Read More
Birmingham based property group Real Estate Investors (REI) has announced the sale of 770-772 Bristol Road South in Northfield to an undisclosed private investor. The property comprises of 6,751 sq ft of retail space, with residential accommodation... Read More
Mayfair Capital’s Property Income Trust for Charities (PITCH) has increased its investment portfolio to £350 million on the back of £17.3 million of acquisitions. The first acquisition is the forward purchase of an office building on Cambridge... Read More
A partnership developing an 18-acre Wolverhampton brownfield site is already in discussion with potential occupiers. The Wednesfield plot has planning permission for 400,000 sq ft of warehouse and logistics space. The Bridges Property Alternatives Fund... Read More
The Grafton Shopping Centre has been placed on the market by current owners M&G Investments, with an asking price of £92.5 million. Agents Cushman & Wakefield confirm that planning consent is in place for a redesign of the Cambridge site,... Read More
Two years after it first bought into London’s Paddington Square development, British Land has extended its investment in the campus with the £210m acquisition of One Sheldon Square. The purchase, from Malaysia’s Employees Provident Fund, brings... Read More
