Monthly Archives: July 2015



Stockport Commercial Lettings rise following Orbit Initiative

Posted on 3 July, 2015 by Cliff Goodwin under Industry News

After six month campaign to change the profile and perception of Stockport by the town’s largest landlord its latest letting figures look set to be the best for more than five years. Orbit Developments — the commercial division of The Emerson Group... Read More

Land Securities welcomes WorldRemit to 62 Buckingham Gate

Posted on 2 July, 2015 by Chris Grigorovsky under Top Properties

Land Securities has successfully let nearly 25,000 sq ft at 62 Buckingham Gate SW1 to rapidly expanding financial technology company WorldRemit. The deal, which will see WorldRemit relocate its UK headquarters to the second floor of the 257,000 sq ft... Read More

Schroders and Stanhope award £40 million Ruskin Square contract to Lendlease

Posted on by Neil Bird under Commercial Developments

Schroders and Stanhope have appointed Lendlease as the preferred contractor for the first of five office buildings at Ruskin Square, the development partnership’s £500 million business, leisure and residential quarter adjacent to East Croydon... Read More

Market Buoyed by West Midlands and Welsh Deals

Posted on by Cliff Goodwin under Commercial Sales and Lets

More than £24m has changed hands in four separate West Midlands and Welsh commercial property deals. The biggest transaction — worth £17.4m — involves a yet to be completed retail park. Aberdeen Asset Management has bought the St Modwen developed... Read More

Cornerstone strengthens European Research Team with two new Appointments

Posted on by Neil Bird under Business News

Cornerstone Real Estate Advisers has stepped up its European expansion drive with two new appointments to its research team. Michal Kapusta is joining Cornerstone as Associate Director, based at the global real estate investment manager's Munich... Read More

Clyde Real Estate raises €25m Investment War Chest

Posted on by Cliff Goodwin under Business News

Clyde Real Estate (CRE) — the commercial property company launched last year by entrepreneur, businessman and former Irish presidential candidate Sean Gallagher — has confirmed it has so far raised more than €25m (£17.7m). The firm, founded by... Read More

PATRIZIA completes First Street acquisition

Posted on 1 July, 2015 by Kirsten Kennedy under Commercial Sales and Lets

PATRIZIA has completed the acquisition of the 20 acre mixed use First Street site in central Manchester for an undisclosed price. The announcement comes just days after a detailed planning permission for a large modern office building was submitted in the... Read More

LondonMetric announces Acquisition and Funding of Wakefield Distribution Centre

Posted on by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets

LondonMetric has exchanged conditional contracts with CDP Ltd, the development arm of the Marshall Construction Group, for the purchase and forward funding of a new 524,000 sq ft retail distribution centre development in Wakefield for £39.4 million. The... Read More

Silverstone reports increase in Pre-Acquisition Surveys as Investors look North

Posted on by Cliff Goodwin under Industry News

A Tyneside building surveyors and project manager is reporting a “significant” rise in commercial commissions — with this year’s half-yearly figure already outpacing the same period in 2014. Silverstone directors, Ben Hunter (left) and Richard... Read More

Cardiff Industrial Estate fully let following Wave of Deals

Posted on by Neil Bird under Industry News

Cardiff’s Fairwater Industrial Estate is now fully let after four local businesses agreed terms on the remaining five units. The latest additions to the occupier line-up are; First Stop Car Sales which has taken a 1,600 sq ft unit, Cardiff Windows... Read More