Latest Commercial Property News

Aviva Buys 490,000 sq ft “Super Site” in Coventry

Aviva subgroup, ‘Aviva Investors’, recently added to its Lime Property Fund, making a significant purchase worth £73.4 million for a currently in-development 490,000 sq ft industrial scheme in Coventry. Aviva Investors are an asset management company who currently has over £315 billion worth of global assets under management. Kris McPhail, Fund Manager at Aviva Investors, […]

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GVA Completes Aqua House in Birmingham – Now Fully Occupied

Aqua House in Birmingham has undergone an extensive refurbishment across its total 40,000 sq ft. Real estate agents GVA have been granted exclusive marketing rights for the office spaces which are available at £16.50 per sq ft. The UK government’s sponsored environmental department group ‘Environment Agency’ was the last deal to be concluded as GVA […]

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Knight Frank and Schroders Complete Multi-Let Industrial Deal

Knight Frank Investment Management & Schroders have completed a sizeable series of industrial deals totalling nearly half a million in square feet. The two firms recently completed a combined multi-let portfolio containing a total of 431,067 sq ft of industrial property. The portfolio consists of seven multi-let industrial properties, located in – Newmarket, Leamington Spa, […]

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Sheffield’s Westfield House Welcomes First Tenant After Refurbishment

Sheffield’s high profile 80,000 sq ft, Westfield House has welcomed it’s first tenant ‘Bluestone Credit Management’. Real estate agents Knight Frank brokered the deal that saw Bluestone Credit Management sign a 10-year lease on their 4th floor, 9,000 sq ft office. Peter Whiteley, partner and head of Knight Frank’s Sheffield office, said: “This is a […]

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LCP Grow Portfolio Value in Scotland by £25.7m Within 12 Months

Lane Clark & Peacock known as LCP is a business consulting firm specialising in commercial property, investment, insurances and pensions. After opening their first office in Glasgow, the London based group invested heavily into Scotland as they increased acquisitions by 28%. Within 12 months, their portfolio in Scotland saw an increase of £25.7 million. Figures […]

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Boultbee Brooks Acquire Prime Leeds Office Building

Boultbee Brooks known for their award-winning, 5-floor office building ‘Concordia Works’ nicknamed ‘the coolest office space in Leeds’, has secured another purchase for Wellington Park House, the deal was done off-market through a private vendor. Paul Fox, Director at Fox Lloyd Jones, representing the private vendor, said: “The vendor had a specific need for an […]

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Cape Town’s 'Century City' Becomes South Africa’s Silicon Valley

Cape Town’s ‘Century City’ Becomes South Africa’s Silicon Valley

Investment in IT and technology in South Africa is on the rise as Cape Town’s ‘Century City’ sets the bar, quickly becoming the country’s very own Silicon Valley. The investments include global electronic brand Panasonic who has launched new headquarters located in Century City, the 250-hectare acre suburb of Cape Town. Developed in 1997, Century […]

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Belfast Harbour Acquire Obel 68

Belfast Harbour Completes Purchase of Obel 68

Ireland’s leading commercial property agents Lisney, confirms completion of the recent purchase made by Belfast Harbour for Obel 68. The 52,000 sq ft Grade A office building is situated in the city centre and was bought for over £15m. The purchaser operates Belfast Port which turned over £61.9m in 2017 and it’s believed that they […]

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Mega Development – Creek Marina Available for Residence early 2019

When you think you’ve seen it all, Dubai’s property developers respond and prove you wrong. The Dubai Creek Marina is an exciting, mixed development located in Dubai Creek Harbour (The Lagoons) at the heart of Creek Island Dubai. The mega-development consists of six-square kilometres which include residential homes, restaurants and cafes, greenery from parkland and […]

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Homebase - Store Closures

UK Store Closures: More than 1,000 Jobs Axed as Homebase Shuts Stores

Homebase have revealed plans to close up to 80 stores next week in a move that could cause 1,000 jobs to be lost. The restructuring firm Hilco bought the already struggling DIY chain for £1 in May from previous Australian owners, Wesfarmers and are expected to file for a company voluntary agreement (CVA) with services […]

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