Monthly Archives: August 2015



Cornerstone secures Refurbished Guildford Office Lettings

Posted on 21 August, 2015 by Neil Bird under Industry News

After announcing earlier this week that it has fully let a City of London office building, Cornerstone Real Estate Advisers Europe has today confirmed two separate lettings at Hays House, Guildford. Hays House was originally constructed in the 1980s... Read More

Tritax reports Profit Leap and Valuation Surge

Posted on by Neil Bird under Industry News

Logistics property specialist Tritax Big Box REIT has this morning reported a significant increase in operating profit and portfolio valuation. Profit for the first half of the year came in at almost £73.8 million, compared with £8.21 million in June... Read More

Office to Resi Conversions putting pressure on Newcastle Supply

Posted on by Cliff Goodwin under Industry News

Despite Newcastle facing the “challenge” of dwindling office space, yet another abandoned city centre office block has been added to a clutch of buildings about to receive a residential makeover. Aidan House — once the Tyneside headquarters of... 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

UKCPT remains Confident despite Slowdown in NAV Growth

Posted on by Kirsten Kennedy under Industry News

The UK Commercial Property Trust (UKCPT) has released its interim results for the first half of 2015, during which it recorded 2.4 per cent capital growth leading to a property portfolio valuation of £1.24 billion as of the 30th June. However the NAV... Read More

Logistics Firm makes Daventry Business Park move

Posted on by Chris Grigorovsky under Business News

Leading European logistics firm, Arcese UK, has relocated its Midlands distribution hub to a 90,000 sq ft logistics building in Daventry, Northamptonshire. L-R - Gemma Constantinou of DTZ and Keith Luetchford of Arcese The firm, which has its UK... Read More

Valad Europe acquires Dutch Office Portfolio

Posted on by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The multi-let real estate investment manager, Valad Europe, has paid €56.1m (£39.8m) for seven Dutch office blocks. The portfolio was purchased for its recently launched Valad Netherlands Diversified Partnership (VNDP) and is the fund’s second... Read More

Colliers International relocates to New South West Office

Posted on 19 August, 2015 by Kirsten Kennedy under Industry News

Leading commercial property firm Colliers International has relocated its South West regional hub to a new HQ in the state of the art office scheme Templeback, in the heart of Bristol’s new business core. Colliers International South West and South... Read More

Investor appetite intensifying on the South Bank says Market Specialist

Posted on by Cliff Goodwin under Industry News

Greater investor confidence is intensifying competition on London’s South Bank, says a commercial property expert who specialises in the market. “South Bank has always been a challenging market to acquire in,” says Alastair Hilton, a partner at... Read More

Cornerstone fully lets City of London asset

Posted on by Chris Grigorovsky under Industry News

Cornerstone Real Estate Advisers, which yesterday confirmed two senior appointments, has today announced it has fully let 40 Gracechurch Street in the City of London. The achievement was reached after Hampden Capital, the largest Lloyd’s members’... Read More