Commercial Sales and Lets



Joint Venture Partnership acquires Grade II Listed Birmingham Office Building

Posted on 27 September, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Birmingham office space is in demand at the moment, with Grade A supply forecast to hit an 11 year low. This makes the recent acquisition of 57-63 Church Street by a development duo a potentially profitable investment while the city waits for additional stock... Read More

Hammerson takes full ownership of Leicester Highcross Shopping Centre

Posted on 26 September, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Hammerson has taken full control of Leicester’s Highcross shopping centre, buying out its joint venture partner for a sum of £180 million. Highcross was built in 2008, at an initial cost of £350 million shared between Hammerson and BIS Company Ltd,... Read More

IM Properties tightens grip on M42 Corridor

Posted on by Cliff Goodwin under Commercial Sales and Lets

One of Britain’s largest privately owned property companies is reportedly in the final stages of negotiating the purchase of the 2 million sq ft Blythe Valley Park near Solihull. A number of industry sources are claiming that IM Properties — which... Read More

Rapid Bristol Office turnover generates 9% Profit

Posted on 24 September, 2014 by Cliff Goodwin under Commercial Sales and Lets

A Cheshire based property and investment company has notched up an impressive £4m profit from a rapid double office turnover. Equity Growth Partners (EGP) acquired the adjoining Grade A Bristol office buildings earlier this year from the receivers... Read More

TfL prepares for “Ghost” Station sale

Posted on 23 September, 2014 by Kirsten Kennedy under Commercial Sales and Lets

As property demand in London increases, developers claim the only solution is to build taller and taller. However, Transport for London (TfL) has come up with an alternative solution. Rather than looking towards the skies for new opportunities, TfL is... Read More

Gloucester Eastgate Shopping Centre placed on the Market

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

Rockspring Property Investment Managers have placed the Eastgate Shopping Centre in Gloucester on the market. Rockspring is currently in the process of offloading seven of its shopping malls around the country, in a process that could raise £275 million for... Read More

Shopping Centre Investment set to kick start Development Boom

Posted on 17 September, 2014 by Kirsten Kennedy under Commercial Developments, Commercial Sales and Lets

Shopping centre development projects rose sharply in the direct aftermath of the recession, although this has dropped somewhat in 2014 due to the continuing economic restraints experienced by commercial property owners. However, according to new information... Read More

DTZ launches Industrial and Logistics Portfolio Sale

Posted on 16 September, 2014 by Cliff Goodwin under Commercial Sales and Lets

DTZ Receivers has announced the sale of its second multi-million pound portfolio of distressed properties in less than a week. Yesterday we reported the real estate adviser has ordered the off-loading of a triple-asset portfolio that included two Scottish... Read More

Triple Asset Hotel and Leisure Portfolio available for £132 million

Posted on 15 September, 2014 by Cliff Goodwin under Commercial Sales and Lets

Collapsed Irish management company assets hit the market A package of properties once owned by a collapsed Irish management company have been put on the market with a combined asking price of £132.3m. The triple-asset portfolio includes two Scottish... Read More

Ferguson Shipyard Sale confirmed by Administrators

Posted on 13 September, 2014 by Kirsten Kennedy under Commercial Sales and Lets

With news from Scotland revolving around the upcoming referendum, it is often forgotten that many businesses must continue as normal in the days leading up to the 18th. However, this has been brought into sharp relief by the sale of the Ferguson shipyard in... Read More