Commercial Sales and Lets



St James’s acquires Spinningfields Landmark

Posted on 15 December, 2014 by Cliff Goodwin under Commercial Sales and Lets, Top Properties

A UK-focused commercial property investment fund has swooped on one of Manchester's most "architecturally pleasing" buildings. Acting for wealth managers St James's Place, Orchard Street Investment Management reportedly paid £31m for Four Hardman... Read More

Investment Buyer Sought For Victorian Warehouse

Posted on by Cliff Goodwin under Commercial Sales and Lets

York's iconic Bonding Warehouse — which has survived flooding, vandalism and a squat by peace demonstrators — is being offered for sale after a multi-million pound refurbishment. Two years ago the abandoned riverside Grade II listed building near... Read More

Land Securities Continues Retail Centre Slimdown

Posted on 13 December, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets

HSBC's private client investment division has paid almost a quarter-of-a-billion pounds for Scotland's second largest retail complex. The Centre and Almondvale West Retail Park in Livingston were sold on by Land Securities as part of the property... Read More

Mander Centre sale paves way for Refurbishment

Posted on 7 December, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Wolverhampton’s Mander Centre has been successfully acquired by private equity real estate fund manager Benson Elliot, with the new owner already putting into motion plans for a multi-million pound refurbishment. The 620,000 sq ft shopping centre... Read More

Five Ways Tower sold to Mystery Buyer

Posted on 5 December, 2014 by Cliff Goodwin under Commercial Sales and Lets

A mystery buyer has snapped up a near-derelict 23-storey Birmingham commercial block that has stood empty for more than a decade. Described as a "challenging" sale by David Oprey, a partner at accountants Chantrey Vellacott acting as receiver, he said... Read More

Double Deal for LondonMetric on back of Profit Rise

Posted on 4 December, 2014 by Cliff Goodwin under Commercial Sales and Lets

Less than two years after it acquired a Buckinghamshire retail park as part of the "Saturn Portfolio" sell-off, out-of-town shopping and distribution investor LondonMetric Properties (LMP) has flipped the site in a £21.8m sale. Within hours it had... Read More

Urban & Civic acquires two key Manchester Sites

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Property group Urban & Civic has this week confirmed its purchase of two key sites in Manchester from investment bank Morgan Stanley, upon which it intends to construct hundreds of apartments and hotel rooms. The deal, worth £22.45 million, has... Read More

New Owner for Cambridge Research Park

Posted on 3 December, 2014 by Cliff Goodwin under Commercial Sales and Lets

Blue chip asset managers Rockspring Property has paid £21m for one of Britain's leading technology and innovation hubs. Clearbell Capital — the new name for the private real estate group Mountgrange — has sold Cambridge Research Park to Rockspring... Read More

Central London Commercial Property Investment passes £15 Billion in Year to Date

Posted on 2 December, 2014 by Neil Bird under Commercial Sales and Lets

Commercial property transactions in central London of £2.9 billion during November, took the figure for the year to date to £15.4 billion, according to DTZ. With ‘under offers’ currently standing at £3.8 billion, and other properties at ‘best... Read More

Hermes and CPPIB enter Leeds Wellington Place Partnership

Posted on 1 December, 2014 by Cliff Goodwin under Commercial Sales and Lets

Property investor Hermes Real Estate has sold half its interest in a prestigious Leeds business quarter development. The half-share sale in the Leeds mixed-use Wellington Place scheme to the Canada Pension Plan Investment Board (CPPIB) is part of an... Read More