Commercial Sales and Lets



Sale of Manchester’s Historic St George’s House Confirmed

Posted on 12 September, 2014 by Cliff Goodwin under Commercial Sales and Lets, Top Properties

Grade A Alternative has confirmed it is the new owner of one of Manchester’s most iconic buildings. The serviced office provider completed the acquisition of St George’s House in June but has refused to say how much it paid for the Grade II listed... Read More

Fordgate Jupiter sale includes Newcastle’s Regent Centre

Posted on 10 September, 2014 by Cliff Goodwin under Commercial Sales and Lets, Uncategorised

Less than seven months after it raised £1bn in a Stock Exchange offering Kennedy Wilson Europe has spent almost £300m on a cross-sector property portfolio. One of the biggest assets of the Fordgate Jupiter portfolio — sold through a commercial... Read More

Peel buys Salford Quays Digital World Centre

Posted on by Cliff Goodwin under Commercial Sales and Lets

One of the UK’s largest property investment companies has added to its Salford Quays holdings by acquiring the Digital World Centre for an undisclosed sum. The Peel Group already owns a high-tech hub and a retail complex on the Manchester Ship Canal... Read More

Bidders line up for Met’s Yard Sale

Posted on 5 September, 2014 by Neil Bird under Commercial Sales and Lets

There has been a high level of interest shown in acquiring New Scotland Yard since it was confirmed on Monday that the Metropolitan Police Headquarters is for sale. Despite Berkeley Group boss Tony Pidgley declaring that he ‘wouldn’t touch it with... Read More

Government urges Public to use ‘Right to Contest’ in Big Property Sell-Off

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

Since 2010 the Government has sold off more than 1,200 publicly owned buildings and chunks of land. Now, to accelerate its real estate slim-down, it is launching an interactive map to help investors and developers discover “underused” land or... Read More

Chancery Place Sale demonstrates Demand for Exposure to Regional Office Markets

Posted on by Neil Bird under Commercial Sales and Lets

Manchester’s Chancery Place office building has been sold to NFU Mutual in a deal worth close to £60m. The 15-storey city centre tower, in the Upper King Street Conservation Area, was designed by award-winning HKR Architects and was completed in 2008.... Read More

Upturn in Secondary Markets spurs Chippenham Shopping Centre Sale

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Development Securities has acquired the Borough Parade shopping centre in Chippenham from a joint venture partnership between Clearbell Capital LLP and Tristan Capital Partners. Development Securities paid a little over of £16 million for the 87,000... Read More

Another Birmingham Office Deal confirmed as Demand Intensifies

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

Birmingham office property is in demand as the supply of top quality space sinks to its lowest level in over a decade. This has seen an increased amount of market activity as domestic and overseas investors compete for opportunities in the city as economic... Read More

Fujifilm acquires “eyesore” Billingham Site

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

A decade-long legal wrangle to recover the cost of bulldozing an “eyesore” Teesside office block has taken an unexpected turn after the site was acquired by an American drug manufacturer. The former ICI headquarters building on Billingham’s... Read More

Manchester United Legends close in on Bootle Street Deal

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

A company involving United legends Ryan Giggs and Gary Neville is in negotiations with Manchester City Council regarding the joint delivery of a scheme of “regional importance” on a two acre plot currently occupied by Bootle Street police station... Read More