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
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
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
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
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
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
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
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
