Commercial Sales and Lets



Walsall Retail acquisition pushes REI Portfolio beyond £100m mark

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

Birmingham based Real Estate Investors (REI) has announced the acquisition of a Walsall retail scheme, pushing the value of its assets beyond the £100 million mark. REI acquired 59/75 Park Street from Scottish Widows for a £7.7 million sum earlier... Read More

Buccleuch off-loads three more Industrial Assets

Posted on 6 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

Buccleuch Property — one of Europe’s oldest privately-owned businesses — has sold three of its English industrial estates for almost eight-million pounds. Earlier this year the property firm, part of the Buccleuch Group, sold off Clydesmill... Read More

Birmingham Great Charles Street sale attracts Global Attention

Posted on by Cliff Goodwin under Commercial Sales and Lets

A number of heavyweight international investors have already shown an interest in buying an entire Birmingham estate of eight office buildings. The sale is one of the biggest portfolios ever to hit the Midlands’ market. The Great Charles Street... Read More

Overseas Investment indicates strength of Belfast Office Market

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

An un-named pension fund has paid almost £9m for a Belfast office block indicating, claims one leading agent, that the city’s market is “going from strength to strength”. The 11-storey Victoria House on Belfast’s Gloucester Street — which... Read More

Parkway Properties acquires Sunbelt Office Portfolio

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

Office REIT Parkway Properties has signed an agreement to purchase a 22-property portfolio of Class A assets located across six states in the Sunbelt region for $475 million. Once the transaction has been completed, Parkway is only planning to retain... Read More

Council acquires lease to Northwich Shopping Centre

Posted on 3 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Although shopping centres have become highly sought after assets it appears there are still some that fail to capture the imagination of private investors. This has seen the Weaver Square shopping centre in Northwich come under the ownership of the... Read More

Fledgling Property Investment Company acquires Lancaster Shopping Centre

Posted on 2 October, 2014 by Cliff Goodwin under Commercial Sales and Lets

A seven-week-old property investment company has clinched its first deal with the £22m freehold purchase of Lancaster's Market Gate Shopping Centre. Launched in August by businessman Chris Beckerman, the Roubaix Group secured the purchase in an... Read More

Prologis Buys Second Heathrow Development Site

prologis buys second heathrow development site
Posted on by Cliff Goodwin under Commercial Sales and Lets

Less than seven days after it snapped up a six-acre parcel of land in West London the global logistics site owner Prologis has bought 30 acres next to Heathrow Airport. Late last month Prologis acquired the Venturis Park industrial estate, on Dawley... Read More

BAM sells Glasgow CONNECT110NS to Deutsche AWM

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

BAM Properties — which claims to be the first developer to return to Glasgow after the recession — has sold its CONNECT11ONS office block in the city for £70m. In a statement, issued from BAM’s Bunnik, Netherlands, headquarters, the company... Read More

B&M seeks Leaseback Deal for ‘serious’ Merseyside Warehouse

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

One of Britain’s fastest growing cut price retailers is hoping to put together a sale and leaseback deal on its Merseyside Qube distribution centre. B&M Bargains — which is asking £36.5m for its 500,000 sq ft Estuary Commerce Park warehouse... Read More