Commercial Sales and Lets



Cardiff Office Building poised for Hotel transformation following Sale to Private Equity Firm

Posted on 10 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

One of Scotland’s largest private equity companies has paid almost £14m for a Cardiff office building it intends to convert into a hotel. The deal is the seventh completed by Glasgow-based Maven Capital’s specialist property team in the last 24... Read More

Boost for Regional Markets as Investors look further up the Risk Curve

Posted on by Cliff Goodwin under Commercial Sales and Lets

The UK regions are becoming an increasingly attractive target for foreign investors. Driven by a surge in North American, Chinese and European money, regional investment last year reached an all-time high, claims DTZ’s latest property... Read More

Trust confirms first additions to £100m “premium” Portfolio

Posted on 9 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

Just weeks after it announced it had amassed a £100m war chest to spend on prestige UK property The Pervaiz Naviede Family Trust has made its first two purchases. The acquisitions — in Chester and Lytham St Annes — come after the trust’s... Read More

Cording pays £51m for Six Site Industrial Portfolio

Posted on by Cliff Goodwin under Commercial Sales and Lets

Brockton Capital and Dunedin Property have completed the joint sale of six regional industrial estates to Cording Real Estate. The asset manager paid £51m for the portfolio. Spread mainly across the Midlands and the north and south of England, the... Read More

Rockspring seeks High Profile Retailers for Green Lanes Acquisition

Posted on 6 April, 2015 by Kirsten Kennedy under Commercial Sales and Lets

European property investment firm Rockspring Property Investment Managers continues to be one of the UK’s most successful investors in the shopping centre sector, with numerous acquisitions giving the firm a strong foothold in the increasingly profitable... Read More

Evolution planned after Totton Shopping Centre is acquired by Evolve Estates

Posted on 5 April, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Shopping centres continue to be highly desirable assets for investors, with many taking the opportunity to extend or renovate existing floor space upon making an acquisition. This is the case for Evolve Estates, which has purchased Totton Shopping Centre in a... Read More

Shoreditch Ace Hotel sale sets New Pricing Benchmark

Posted on 1 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

American private investment firm, Starwood Capital Group, has sold an award winning East London hotel for the asking price of £150m — equivalent to around £580,000 per room. The Connecticut-based developer acquired the Shoreditch High Street hotel... Read More

Hammerson takes full control of Martineau Galleries scheme

Posted on by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

A mothballed Birmingham city centre retail scheme — now at the heart of the massive HS2 Curzon Master Plan — has been sold to a major British property development and investment company. Bullring owner and investment company, Hammerson, has taken... Read More

Rockspring in quick-fire Suffolk and City deals

Posted on 30 March, 2015 by Cliff Goodwin under Commercial Sales and Lets

On the same day it paid £47.5m for a Suffolk retail park, the independent real estate fund Rockspring has sold a City of London office block for £70m. The UK and European focused asset manager acquired the Euro Retail Park at Ipswich from Helix... Read More

Birmingham Industrial and Campus Portfolios for sale

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

Two of Birmingham’s biggest property packages are being offered for sale. The largest contains more than a million square feet of industrial space, with the second offering around 100,000 sq ft of educational and office space. Consultants Colliers... Read More