Commercial Sales and Lets



GPG to Develop Yorkshire Brownfield Site as Warehouse Demand Improves

Posted on 21 July, 2014 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

Boosted by the increased activity in the property market one Yorkshire developer has revived its acquisitions campaign with the purchase of a three-acre brownfield site near Wakefield. Leeds-based Gregory Property Group (GPG) confirmed the deal for the... Read More

Yorkshire looks forward to Tour de France Investment Legacy

Posted on 18 July, 2014 by Cliff Goodwin under Commercial Sales and Lets

The Tour de France may have moved on to more familiar territory but Yorkshire’s two-day involvement in the event will attract property investment interest for years to come, according to one expert. Xavier Adam — whose company AMC Network UK is... Read More

JPMorgan seeks “Troubled Assets in Good Markets”

Posted on by Cliff Goodwin under Commercial Sales and Lets

JPMorgan Chase — the New York-based banking and financial services holding company — has set aside more than £3bn for the “opportunistic” purchase of distressed and lease-expired European property. The three-year campaign to buy up commercial... Read More

Delancey puts Scottish and Midland Shopping Centres on the Market

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

The largest undercover shopping centre in Scotland is up for sale with a £175m price tag. Delancey, the owners of EK East Kilbride, is also shedding a second mall in Wolverhampton for £50m. Delancey bought both shopping centres — in a joint venture... Read More

Fort Dunlop Sale reflects “attractive opportunities” in Regional Markets

Posted on 15 July, 2014 by Kirsten Kennedy under Commercial Sales and Lets, Top Properties

Urban Splash, and partner the Pears Group, have sold the “iconic” Fort Dunlop development in a deal which underlines the opportunities for investors in the regional markets. The 375,000 sq ft property, which lies close to the Spaghetti Junction,... Read More

More Money flowing into Irish Commercial Property than at Height of Boom

Posted on 13 July, 2014 by Jodee Redmond under Commercial Sales and Lets

In the first six months of 2014, a total of €1.37 billion has been spent in the Irish commercial property market. This is more than during the same period in 2006 at the height of the boom when the figure stood at €1.09 billion. During the past six... Read More

Developers acquire Durham Shopping Centre in £12 million Deal

Developers-acquire-Durham-Shopping-Centre-in-12 million-Deal
Posted on 11 July, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Retail acquisitions have risen hugely in recent months as developers seek to cash in on the improving consumer climate, with a number of high profile deals being completed in regional areas throughout the UK. This week, London based property firm Clearbell... Read More

City Council puts Historic Birmingham Office Building Up For Sale

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

An historic Birmingham building, used for decades as civic and institutional offices, is being offered for sale as a commercial investment for the first time in its 120 year history. Louisa Ryland House — named after a major benefactor to Birmingham... Read More

REI steps off Acquisitions Trail to sell its own Headquarters

Posted on 9 July, 2014 by Cliff Goodwin under Commercial Sales and Lets

Real Estate Investors (REI) has sold its Birmingham headquarters in a £4.6m deal — exactly 30 days after the property group appointed a new head of acquisitions and disposals. Recruited from London’s Square Metre Properties where he was a senior... Read More

Sell off allows Tycoons to keep control of Prestige Shopping Centres

Posted on 8 July, 2014 by Cliff Goodwin under Commercial Sales and Lets

A £700m retail property sell off has allowed two of Northern Ireland’s most prominent businessmen to retain control of their Foyleside and Forestside shopping centres. The disposal was ordered by Ulster Bank which wants to reduce its exposure on loans used... Read More