Monthly Archives: July 2015



Helical Bar brings forward Covent Garden scheme

Posted on 14 July, 2015 by Neil Bird under Commercial Developments

Helical Bar is to bring forward the 80,000 sq ft mixed use redevelopment of 26-35 Drury Lane and 8-12 Dryden Street, after entering into an agreement with Corporate Pension Fund clients of Savills Investment Management. Helical aims to submit a... Read More

AEW Europe and CIC snap up Celsius Shopping Centre Portfolio

Posted on by Kirsten Kennedy under Commercial Sales and Lets

AEW Europe has snapped up a portfolio of 10 shopping centres across France and Belgium from CBRE Retail Property Fund Belgium CV, on behalf of a new joint venture partnership between affiliates of the company and a subsidiary of China Investment Corporation... Read More

Promise of Appeal System update ahead of Business Rates Reform

Posted on by Cliff Goodwin under Industry News

Although it failed to deliver the hoped for root-and-branch reform of the business rates system, last week’s Budget did hint at a badly needed update. Within hours of the Chancellor speaking, the Government published details of the progress on action... Read More

High Level of Interest expected as Historic Criterion hits the Market

Posted on 13 July, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Interest is expected to be high in London’s Criterion restaurant after it was confirmed today that the marketing process for the sale of the prestigious establishment has begun. Agents Lambert Smith Hampton (LSH) and Charles Benjamin Associates have... Read More

Engineering Firm heads to New Birmingham Business District HQ

Posted on by Neil Bird under Industry News

Engineering consultancy, Waterman Group has taken 4,642 sq ft of Grade A office space at the heart of Birmingham city centre. The company has agreed a ten year lease on the fifth floor of One Cornwall Street (pictured above) in a deal brokered by DTZ... Read More

Henley sells Cobalt Business Park Investment for £17 million

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Private equity real estate investor, Henley, has completed the leasehold sale of a 99,000 sq ft office asset at Newcastle’s Cobalt Business Park. Henley sold the property, which is currently let in its entirety to Proctor & Gamble, to an... Read More

RO Real Estate completes Five Strategic Disposals

Posted on by Chris Grigorovsky under Commercial Sales and Lets

UK commercial property investment and development company, RO Real Estate, has successfully completed the sale of five properties for a total of £5.46 million. The disposals are part of the company’s strategic ongoing plan to remove non-core assets... Read More

Property Executive enjoys Double Record Celebration

Posted on by Neil Bird under Uncategorised

Helical Bar chief executive Mike Slade enjoyed a double celebration in the French medieval city of St Malo on Friday. Mike Slade's Leopard: leader of the pack Following the recent announcement of a record 23 per cent increase the net asset value of... Read More

Bill’s Restaurant brings Breakfast to Bedtime offer to intu Trafford Centre

Posted on by Neil Bird under Top Properties

The upcoming arrival of a brand new Bill’s Restaurant is poised to add to the attractions of the atmospheric New Orleans Quarter at intu Trafford Centre. The chain will join around 60 restaurants, cafés and bars at the North West’s super-regional... Read More

Rash of new Lettings cuts Redefine’s Vacancy Rate to just 1.8 per cent

Posted on by Cliff Goodwin under Industry News

Redefine International, the FTSE 250-listed real estate investment trust (REIT),  has confirmed it has let 30,000 sq ft of space so far this year  — leaving less than two per cent of its retail portfolio vacant. Redefine — which started life in... Read More