On the same day it paid £47.5m for a Suffolk retail park, the independent real estate fund Rockspring has sold a City of London office block for £70m. The UK and European focused asset manager acquired the Euro Retail Park at Ipswich from Helix... Read More
Birmingham City Council’s planning committee has today made the surprise decision to defer the application from Sterling Property Ventures and Rockspring to demolish 103 Colmore Row in the city’s business district. This will now delay the... Read More
Sterling Property Ventures and Rockspring have unveiled their proposals for a landmark tower at the heart of Birmingham’s business district. The joint venture partnership plans to replace the 1970s Natwest Tower, at 103 Colmore Row, with a 26-storey... Read More
Following the sale of 103 Colmore Row to the joint partnership formed by Rockspring and Sterling Property Ventures in November last year, the new owners quickly announced plans for the demolition of the existing building (pictured) and its replacement with... Read More
As rents continue to rise in prime business locations, developers are increasingly keen to modernise or redevelop properties in order to create a greater supply of Grade A office space. This has been the case at 103 Colmore Row in Birmingham, where new... Read More
Rockspring has purchased one of Taunton’s most popular shopping centres in a deal worth £27.55 million, reflecting an initial yield of roughly 6.65 per cent per annum. The acquisition comes hot on the heels of another shopping centre purchase in the South... Read More
