Monthly Archives: September 2015



British Land and Oxford Properties complete two new lettings at the Cheesegrater

Posted on 15 September, 2015 by Neil Bird under Commercial Sales and Lets

British Land and Oxford Properties have today announced two new lettings at The Leadenhall Building, leaving just five floors unoccupied at the City of London skyscraper. The latest firms to agree terms at the ‘Cheesegrater’ are petroleum company... Read More

New intu App joins the dots between the Physical and Digital Shopping Experience

Posted on 14 September, 2015 by Kirsten Kennedy under Business News

The leading developer, owner and manager of prime regional shopping centres in the UK, intu, is launching a new app which promises to “bring the digital and physical shopping experience together” after its launch at the end of the month. intu will... Read More

Trio of acquisitions boosts Mayfair Capital Trust

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Mayfair Capital Investment Management has announced that a trio of acquisitions totalling over £27 million has elevated the value of its Mayfair Capital Commercial Property Trust (MCCPT) portfolio to £184 million. Tower Retail Park in Poole has been... Read More

Henley appoints CBRE Man as Chief Financial Officer

Posted on by Cliff Goodwin under Industry News

Private equity real estate investor, Henley Investments, has enhanced its senior management team with the appointment of Stuart Savidge (pictured) as Chief Financial Officer. Previously filling the joint role of Chief Operating Officer and Chief... Read More

Schroder makes good letting progress at Bedford Retail Park

Posted on by Cliff Goodwin under Commercial Sales and Lets

Just four months after it acquired St. John’s Retail Park in Bedford, Schroder Real Estate Investment Trust has completed four new signings at the site. Existing occupiers at St John’s — which Schroder paid £31.8m for in May — are Homebase,... Read More

Colliers International expands South West Team

Posted on by Cliff Goodwin under Industry News

Colliers International has hired a business rates specialist to spearhead the expansion of its South West regional office in Bristol. Colliers’ appointments: Steve Plowman (left), Danielle Hatton and Dave Tanswell Heading a trio of new appointments... Read More

SREF completes £17m Quadrant Park sale

Posted on 13 September, 2015 by Chris Grigorovsky under Commercial Sales and Lets

Schroder UK Real Estate Fund (SREF), has completed the sale of the Quadrant Park industrial estate in Hertfordshire, to Royal London Mutual Insurance Society for £16.8 million, refecting an initial yield of 4.95 per cent. The prominent estate was... Read More

Blackstone to buy Strategic Hotels & Resorts for $6 Billion

Posted on by Jodee Redmond under Business News

Blackstone Real Estate has entered into an agreement to buy Strategic Hotels & Resorts for approximately $6 billion including debt, Commercial Property Executive reports. Under the terms of the agreement, Blackstone will acquire all outstanding... Read More

Central European Hotel Markets attract Overseas Investors

Posted on by Jodee Redmond under Worldwide Property News

The combination of intense competition and low yields in some Western markets is pushing investors toward secondary Central Eastern European (CEE) markets, World Property Journal reports. As a result, they are facing less competition and are able to... Read More

UK Economy key to Singapore Trust’s purchase of Cambridge Hotel

Posted on 12 September, 2015 by Cliff Goodwin under Commercial Sales and Lets

The Singapore-based real estate investment trust (REIT), CDL Hospitality Trusts, has made its first foray into the European hospitality market with the £61.5m acquisition of a Cambridge city centre hotel. The Far East investor bought the 24-year-old... Read More