Commercial Sales and Lets



Battersea Studios sold in £35m Deal

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

Fund managers Schroder has still not said what it intends to do with a south-west London film and television studio it acquired in a £35m off-market deal from property investment company Helical Bar. Originally built in the 1970s as British Telecom... Read More

Brompton Road Tube Station sold to Unknown Buyer

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Commercial property in London continues to be in high demand and residential property prices are hitting record levels. It should come as no surprise, therefore, to learn of the sale of a former underground station to an overseas buyer with plans to convert... Read More

Second London purchase for China’s Reignwood

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

Beijing-based Reignwood Properties has been named as the company behind the £92m acquisition of a City of London office block. Although contracts were exchanged last month the identity of the owner of the Corn Exchange at 55 Mark Lane has only just been made... Read More

London Is European “Capital” For Commercial Investment

Posted on by Cliff Goodwin under Commercial Sales and Lets

London attracted more commercial real estate investment last year than any other European city, according to a new survey. Investment in the capital rose every quarter in 2013 — with the fourth quarter up a staggering 73 per cent on the previous three... Read More

Maplewood launches Euro-Charge with Acquisition of Dutch Assets

Posted on 1 March, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The Canadian-based Maplewood International Real Estate Investment Trust has confirmed it is buying four head office buildings in The Netherlands for a total of €55m. All four properties — with a total foorspace of 254,552sq ft — are occupied by... Read More

Receivers Order Sale of Dublin Business Park

Posted on 28 February, 2014 by Cliff Goodwin under Commercial Sales and Lets

As office rents in the heart of Dublin hit record highs a business park in the south of the city has just gone on the market with almost a quarter of its offices still vacant. Office rents in Dublin are expected to rise by a further 15% by the end of... Read More

Lazards to Oversee Corpus Sireo Sale

Posted on by Cliff Goodwin under Commercial Sales and Lets

Corpus Sireo — Germany’s largest real estate management business — is being offered for sale by its three savings bank owners. Lazards has been appointed to oversee the disposal and has hinted at a starting price of more than €300m . With a... Read More

Co-op confirms Farm Sale Plans

Posted on 26 February, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

The future of 750 pharmacies also in doubt in strategic review The Cooperative Group was once one of Britain’s most successful mutually owned businesses, but recent troubles have seen financial issues plague the day to day running of the company. Last... Read More

Investa takes Second Stake in Sydney Office Towers

Posted on 25 February, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The Investa group has taken its second half-share in a prominent Sydney city centre office and retail development in as many months. Late last year the Investa Commercial Property Fund acquired a 50 per cent stake in the Glasshouse Retail Centre and an... Read More

Chinese Consortium acquires Landmark Birmingham Building

Posted on 24 February, 2014 by Cliff Goodwin under Commercial Sales and Lets, Top Properties

A consortium of Chinese factory owners has pulled off a multi-million pound groundbreaking deal — thought to be the first outside London — by buying an historic listed building opposite Birmingham’s city council house. The Grade II-listed office... Read More