Commercial Sales and Lets



London Alleyway sells for over £250,000 at Auction

Posted on 30 October, 2014 by Neil Bird under Commercial Sales and Lets

A Battersea alleyway has sold for over a quarter of a million pounds as the London property market continues to flourish. The alleyway, between a coffee shop and a charity shop, was sold at auction this week where it had a guide price of... Read More

South West heading for Record Year as Capital flows back into the Regions

Posted on by Cliff Goodwin under Commercial Sales and Lets

Commercial property investment in the West Country looks set to hit a new record as global fund managers continue to look beyond the traditional markets, a new survey c. Third quarter figures for the South West — revealed in Lambert Smith Hampton’s... Read More

Assura tightens hold on Healthcare Sector

Posted on 29 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

Britain’s biggest healthcare property owner and developer has added a new asset to its 230-site portfolio with the £12.3m purchase of Middlesbrough’s One Life Building. Originally developed by a group of local general practitioners under the... Read More

West Midlands Property Investment Volumes approach Record Levels

Posted on 27 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets, Industry News

Following last week’s news that commercial construction in the West Midlands has hit a 20 year high, property professionals are now predicting that the region is on course for a record year of commercial investment. According to a new report by... Read More

Irish Commercial Property Market bounce-back gobbles up NAMA Assets

Posted on by Cliff Goodwin under Commercial Sales and Lets

With demand in Ireland’s commercial property market continuing to gather pace, the National Asset Management Agency (NAMA) has admitted it will run out of saleable assets in less than four years. The revelation — included in the state bad bank’s... Read More

CBRE Global Investors Fund acquires Miami Airport Office Park

Posted on 25 October, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

An affiliate of CBRE Global Investors, Strategic Partners U.S., has bought Airport Corporate Center from Hines REIT. The 45-acre, 11 building office park changed hands for a reported sum of $132.3 million. Vance Maddocks, Strategic Partners U.S.... Read More

Community Shopping Centre Specialist Ellandi acquires Bootle Strand

Posted on 24 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets

London based investment and asset manager, Ellandi, has acquired The Strand Shopping Centre in Bootle for an undisclosed sum. The community shopping centre specialist has assumed ownership of 356,700 sq ft of retail space with tenants including Marks... Read More

Uncertain Future for Hotel with First World War History

Posted on 23 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

A neglected Suffolk hotel — once the home of a pioneering Royal Navy seaplane unit — has been sold for more than £400,000. Abandoned and vandalised for more than two decades the North Sea Hotel on Felixstowe’s Sea Road was recently branded “a... Read More

Lloyds names Shortlisted Bidders for £1.5bn Irish Portfolio

Posted on 22 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

Lloyds Bank has confirmed it is considering three final bidders for a €2bn (£1.5b) Irish commercial buy-to-let portfolio it is selling. The three global contenders are Californian-based Oaktree Capital Management, investment bank Goldman Sachs working with... Read More

Wolverhampton Mander Centre Sale close to being Finalised

Posted on 21 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets

It has been confirmed that an offer has been made for Wolverhampton’s Mander Centre, which current owner Delancey placed on the market only a few months ago with a £50 million price tag. Although the identity of the potential buyer has not been... Read More