Commercial Sales and Lets



Kingsway Shopping Centre bought by Queensberry Real Estate

kingsway shopping centre bought by queensberry real estate
Posted on 19 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Investment into retail commercial properties is beginning to reach pre-recession levels once more, indicating that businesses and individuals are becoming more confident about a long-term recovery within the retail industry. Shopping centres, in particular,... Read More

Tata Steel to sell Long Products Division

tata steel to sell long products division
Posted on 18 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

During the initial stages of the economic recovery, Britain’s manufacturing industry flourished due to a combination of strong overseas demand and an increasingly stable domestic market. However, Eurozone issues and importing issues within key markets have... Read More

Israeli Billionaire Tightens His Grip on Camden Market

israeli billionaire tightens his grip on camden market
Posted on 17 October, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets

An Israeli billionaire and gambling tycoon has paid up to £90m for a second chunk of one of London’s most famous market sites. In March, Teddy Sagi bought Camden Stables Market, on Chalk Farm Road, for £400m. He has now acquired Camden Lock Market... Read More

US-German Partnership Snaps Up Three More UK Parks

US-German Partnership Snaps Up Three More UK Parks
Posted on 16 October, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets

The German owner-managed investment company PATRIZIA AG has become joint owner of three more UK business parks as part of a £430m sell-off deal. PATRIZIA’s fifty-fifty venture with the Los Angeles-headquartered Oaktree Capital Management now makes... Read More

Cheshire Munitions Factory Sale attracts ‘Considerable’ Interest’

Posted on by Cliff Goodwin under Business News, Commercial Sales and Lets, Uncategorised

Less than four months after the completion of a five-year £83m transformation BAE Systems is selling its Cheshire munitions factory. Commercial property consultants GVA says it has already received “considerable” interest from British and overseas... Read More

Pub Chain beats Rivals with £1.2m bid for Belfast Church

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

A bidding frenzy has pushed the sale price of a former Northern Ireland Methodist church to £1.2m — three times its guide price. The Grade II listed church on Belfast’s University Street was previously owned by the Ballygowan-based Soll... Read More

Investment Managers toast acquisition of prime Birmingham Nightspots

Posted on 14 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Specialist investment management firm Kames Capital is toasting the acquisition of two of Birmingham’s most popular nightspots. Kames has purchased the Mechu and Après nightclubs on Summer Row from Town & Country Inns as a means of boosting... Read More

Rising Farmland Values bring Fields of Gold

Posted on by Neil Bird under Commercial Sales and Lets

The value of English farmland increased by 2 per cent in Q3, taking the rise in the year to date to 12 per cent. Year on year, values have risen by an average of 15 per cent, outperforming the housing market (+10 per cent), the FTSE 100 (+5 per cent) and gold... Read More

Facebook and Google Offices included in NAMA sell-off

Posted on 11 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

Ireland’s National Asset Management Agency (NAMA) has included Facebook’s new Dublin headquarters in one of five property portfolios it is selling off with a combined starting price of €600m (£372m), The organisation has hired property agents... Read More

Liverpool’s Landmark Prudential Assurance Building changes hands in Regional Asset Sale

Posted on 9 October, 2014 by Cliff Goodwin under Commercial Sales and Lets, Top Properties

London-based Redefine International has sold ten of its regional assets — including Liverpool’s landmark Prudential Assurance Building— to an un-named buyer. The stock market-listed property investor, voted 2014 UK Real Estate Investment Trust of... Read More