LondonMetric Property PLC has acquired the 410,000 sq ft Eddie Stobart distribution facility in Dagenham from Meaalofa Developments Holdings Limited for £56.5 million. The 28 acre site is currently let to Eddie Stobart for seventeen years, with a rent of... Read More
With space on the surface in London becoming increasingly limited, developers are beginning to seek opportunities beneath the hustle and bustle of the city’s streets. This has seen investors come forward to redevelop unused tube stations, commuter train... Read More
LDC, which is part of Lloyds banking group, has acquired Birmingham’s NEC Group in a £307m deal, making it privately owned for the first time. The NEC Group includes the National Exhibition Centre, the International Convention Centre and the... Read More
With commercial property investors increasingly turning to the regional markets, Birmingham is attracting considerable interest. According to a new report by PwC, this will see the city overtake London as the most attractive location for property investment... Read More
With global commercial property transactions reported to be at record levels, many industry experts are now concerned that the current frenzy of investment will lead to a “bubble” if prices continue to rise. According to the annual survey of... Read More
Rockspring has purchased one of Taunton’s most popular shopping centres in a deal worth £27.55 million, reflecting an initial yield of roughly 6.65 per cent per annum. The acquisition comes hot on the heels of another shopping centre purchase in the South... Read More
The Glasgow head office of online travel agent and flight search website Skyscanner has been sold to a new Scottish owner in a deal reportedly worth £27m. Hermes Real Estate spent almost £10m in 2011 remodelling the 1980s-built office block in St... Read More
With help of advisor Lambert Smith Hampton (LSH), Associated British Ports (ABP) has completed the purchase Marchwood and Cracknore Hard Industrial Estates from Oceanic Estates. The estates, located on the western side of Southampton Water, are one of the... Read More
As demand for Grade A office space increases, commercial property investors are keen acquire assets in prime locations. This has seen M&G Real Estate snap up an additional property on the Spiningfields development in Manchester, with the value of the... Read More
As the London commercial property market reaches boiling point many foreign investors are buying privately to avoid competitive bidding or funding the construction of office blocks from scratch — forcing British investors to make their money from regional... Read More
