Tag: Aberdeen Asset Management



LaSalle snaps up Whitehall Office Building in £80.6m Deal

Posted on 21 September, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Global real estate investment manager LaSalle Investment Management has purchased the long leasehold interests of a prime West End government building, from Aberdeen Asset Management on behalf of a retained client. 3-8 Whitehall Place is a Grade II... Read More

Clearbell snaps up two Mixed-Use Portfolios

Posted on 20 August, 2015 by Kirsten Kennedy under Commercial Sales and Lets

As the number of investors seeking UK commercial property assets continues to rise steadily, domestic firms keen to grab a slice of the action are having to act increasingly quickly when opportunities reach the market. For Clearbell Capital, this has resulted... Read More

Market Buoyed by West Midlands and Welsh Deals

Posted on 2 July, 2015 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

M&G adds North-East Retail Park to Portfolio

Posted on 3 June, 2015 by Cliff Goodwin under Commercial Sales and Lets

International investment group, Aberdeen Asset Management, has sold a Tyneside retail park for £46.25m in an off-market deal. Newcastle Shopping Park, three miles from the city centre, has been acquired by M&G Real Estate. The London-based M&G... Read More

NFU Mutual buys Fitzrovia’s Old Fire Station in £21.6 million deal

Posted on 15 May, 2015 by Cliff Goodwin under Commercial Sales and Lets

Following its recent purchases in Shoreditch and Farringdon the National Farmers Union Mutual Insurance Society has paid £21.6m for a third office building — this time in London’s Fitzrovia district. Acquired through the society’s subsidiary,... Read More

Great Wigmore Partnership sells 95 Wigmore Street in £222.4m Deal

Posted on 27 April, 2015 by Chris Grigorovsky under Commercial Sales and Lets

The Great Wigmore Partnership (GWP), the 50/50 Joint Venture between Great Portland Estates and Aberdeen Asset Management, has announced the sale of 95 Wigmore Street in a combined deal worth £224 million. The sale reflects a net initial yield of 3.4 per... Read More

Scottish Widows £105m Office Sale sets Edinburgh Record

Posted on 23 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

HSBC Private Bank has beaten off several heavyweight British and international bidders to acquire Scottish Widows’ Edinburgh headquarters for a private client. The £105m-plus office deal is a record for the city. The Port Hamilton building, in the... Read More

Aberdeen Asset Management spends £27m on Glasgow Office Block

Posted on 14 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

The Glasgow head office of online travel agent and flight search website Skyscanner has been sold to a new Scottish owner in a deal reportedly worth £27m. Hermes Real Estate spent almost £10m in 2011 remodelling the 1980s-built office block in St... Read More