Deals Diary

Milton Keynes

Multi let office building comprising 162,000 sqft office building acquired on behalf of a private investor for £22.8M reflecting a NIY of 11%

Aberdeen

Single let office building totalling 40,000 sqft acquired on behalf of a syndicate for £5.25M reflecting a NIY of 12%

Spitalfields, London E1

Single let retail unit sold on behalf of a property company for £1.2M reflecting a NIY of 10.2%

Tunbridge Wells

Single let office building acquired on behalf of a property company for £3.05M

Sutton, Greater London

Vacant office building comprising 128,540 sqft sold on behalf of a property company for £14.25M

Lincoln

Single let distribution warehouse comprising 26,000 sqft sold on behalf of a UK Institution for £2.3M reflecting a NIY of 6.54%

Newquay

Single let hotel acquired on behalf of an institution for £6.3M reflecting a NIY of 6.25%

Bathgate

Two distribution units sold on behalf of an institution for £18.35M reflecting a NIY of 4.45%

Rugby

Single let industrial comprising 173,639 sqft sold on behalf of an institutional investor for £18.4M reflecting an NIY of 4.85%

Newcastle

Single let industrial unit comprising 83,826 sqft sold on behalf of a syndicate investor for £5M reflecting a NIY of 7.15%

Wakefield

Single let industrial warehouse totalling 19,500 sqft sold on behalf of a UK Institution for £2,475,000 reflecting a NIY of 5%

Charlton, London SE7

Standalone freehold nursery totalling c.5,000 sqft acquired on behalf of an Educational Investor for £2.053M reflecting a NIY of 5.33%.

Gloucester

Single let retail warehouse comprising 15,500 sqft acquired on behalf of a private property company for £2M reflecting a NIY of 6.12%

Convenience Portfolio

Three Single let stand alone Tesco convenience stores acquired on behalf of a property company for £3.25M reflecting a NIY of 5%

Milton Keynes

Single let industrial building totalling 16,850 sqft acquired on behalf of a private property company for £2.715M reflecting a NIY of 4.33%

Crawley

Multi let industrial lead estate totalling 20,911 sqft sold on behalf of a private property company for £3.1M reflecting a NIY of 7%

Gerrards Cross

Two office buildings totalling 48,000 sqft benefiting from permitted development acquired on behalf of a development company for £8.3M

Sandy

Multi let industrial estate comprising 12,000 sqft acquired on behalf of a private property company for £1.75M reflecting a NIY of 5%

Bletchley, Milton Keynes

Single let industrial building comprising 25,000 sqft sold on behalf of a private property company for £3.4M reflecting a NIY of 4%

Stoke

Multi let Retail Park totalling 50,000 sqft acquired on behalf of a family office for £5.2M reflecting a NIY of 5.75%

Thame

Single let office building measuring 4,965 sqft acquired on behalf of a private family trust for £1.625M reflecting a NIY of 4%

Beckenham, Greater London

Single let dentist surgery acquired on behalf of a private pension fund for £1.25M reflecting a NIY of 5.1%

Portsmouth

Multi Let retail parade with planning permission for high rise student accommodation scheme sold on behalf of UK property company for £4.7M

Eastbourne

Single let office building comprising 27,518 sqft sold on behalf of a family property company for £3M reflecting a NIY of 11.43%

Washington & Ashington

Two multi-let industrial estates totalling 40,044 sqft acquired on behalf of a UK property company for £3.1M reflecting a NIY of 6.43%

Sittingbourne

Multi-let industrial totalling 47,000 sqft acquired on behalf of a UK property company for £4.04M reflecting a NIY of 5.33%

Tamworth

Neighbourhood retail precinct with flats above totalling 11,058 sqft sold on behalf of a family property company for £1.43M reflecting a NIY of 6.62%

Kingston-Upon-Thames

High St restaurant totalling 1,325 sqft acquired on behalf of family property company for £900K reflecting a NIY of 6.05%

Stratford-Upon-Avon

Prime retail and theatre building totalling 16,091 sqft acquired on behalf of a family property company for £2.425M reflecting a NIY of 6.7%

St Albans

Vacant office building totalling 13,374 sqft acquired on behalf of family office for £4.35M reflecting a capital value of £325 psf

Banbury

Multi-let trade park totalling 19,000 sqft sold on behalf of a property company for £5.55M reflecting a NIY of 4.39%

Ealing, London W13

Two adjoining buildings comprising retail, flats on AST’s and consent for 2 mews houses sold on behalf of family property company for £2.3M

Richmond, Greater London

Multi-let mixed use office and retail building totalling 19,799 sqft sold on behalf of a family property company for £12.75M reflecting a NIY of 6.64%

Wimbledon, London, SW19

Multi-let industrial estate comprising 16,230 sqft acquired on behalf of a UK property company for £3.5M reflecting a NIY of 6.12%

Worcester

Multi-let industrial estate totalling 160,000 sqft acquired on behalf of a UK Institution for £9.5M reflecting a NIY of 6.23%

WOOLWICH, LONDON SE18

Island site of 2.73 acres totaling 255,000 sqft acquired on behalf of a UK property company for £32.5M reflecting a capital value of £130 psf

HEATHROW

Single let office building totalling 202,000 sqft acquired on behalf of a listed American Industrial developer for £102M reflecting a NIY of 5.5%

MILTON KEYNES

Single let industrial property comprising 18,954 sqft and sold on behalf of a UK property company for £2.75M reflecting a NIY of 5.2%

EDINBURGH

Two distribution units totalling 181,000 sqft acquired on behalf of an institutional investor for £13.8M reflecting a NIY of 5.9%

STAMFORD HILL, LONDON E15

Two retail units with residential upper parts sold on behalf of a family property company for £1.275M reflecting a NIY of 7.5%

HUDDERSFIELD

Multi-let industrial estate totalling 24,730 sqft acquired for £2.3m on behalf of a UK listed REIT.

WILSON ST, LONDON EC2

Vacant office building totalling 13,000 sqft sold for an overseas investor for £11.3M.

ARBROATH

Single let office building totalling 20,170 sqft acquired for £800k on behalf of a syndicate.

FINSBURY PARK, LONDON N4

Multi let office building totalling 43,695 sqft acquired for a UK Asset Manager for £20.65M.

MILTON KEYNES

Single let industrial building totalling 32,611 sqft sold to a private investor for £4.1M reflecting a NIY of 6.19%.

FOLKSTONE

Reversionary multi-let industrial and retail warehouse estate totalling 57,000 sqft acquired on behalf of a UK property company for £4.8M reflecting a NIY of 5.96%

RICHMOND, LONDON SW14

Restaurant unit and residential upper parts sold on behalf of a family property company for £720K reflecting a NIY of 4.5%

MILTON KEYNES

Single let industrial property comprising 25,000 sqft acquired on behalf of a family property company for £2.15M reflecting a NIY of 5.25%

REDRUTH, CORNWALL

Food production warehouse totalling 24,144 sqft single let to the NHS acquired on behalf of a Council for £6.7M reflecting a NIY of 6.71%

BIRMINGHAM

Two last mile industrial buildings totalling 38,132 sqft sold on behalf of a family property company for £5.15M reflecting a NIY of 4.61%

CROYDON

Greater London industrial site of 0.7 acre comprising 13,500 sqft acquired on behalf of UK property company for £1.65M reflecting a NIY of 4%

BROMLEY

Single let restaurant with 20 year unexpired acquired on behalf of a private property company for £1.8M reflecting a NIY of 5.23%

BRISTOL

Single let trade counter building totalling 4,738 sqft sold on behalf of a family property company for £1.1M reflecting a NIY of 4.72%

VICTORIA, LONDON SW1

Single-let freehold office building totalling 14,087 sqft with future development potential purchased on behalf of an overseas private for £14M reflecting a of NIY 4%.

REDHILL

Site with vacant office building acquired on behalf of a developer for £10.25M

NORWICH

Multi-let freehold office building totalling 41,300 sqft acquired on behalf of a UK REIT for £2.7M reflecting a NIY of 14.2%

WORCESTER 

Multi-let freehold industrial estate totalling 160,000 sqft acquired on behalf of a UK Institution for £6.5M reflecting a NIY of 6.23%.

KIDWELLY, WALES

Single let trade unit totalling 9,263 sqft acquired on behalf of a family trust for £820K reflecting a NIY of 6%

EDINBURGH

Single let HQ office building comprising 247,500 sqft acquired on behalf of South Korean institutional investor for £133.25M reflecting a NIY of 5.4%.

BARNSTAPLE

Single let retail warehouse comprising 25,382 sqft acquired from a UK fund on behalf of a private family trust for £3.165M reflecting a NIY of 8.15%

PARK ROYAL, LONDON NW10

Single let industrial unit comprising 35,100 sqft sold to a US institutional investor for £9.8M reflecting a NIY of 3.83%

PETERBOROUGH

Single let industrial unit comprising 40,453 sqft acquired for a UK property company for £1.35M reflecting a NIY of 7.08%

HENLOW

Single let industrial unit comprising 33,523 sqft acquired on behalf of a UK property company for £2.5M reflecting a NIY of 7.47%.

MERRYHILL , WOLVERHAMPTON

Multi let industrial estate comprising 37,617 sqft acquired on behalf of a UK listed REIT for £2.5M reflecting a NIY of 6.70%.

SUTTON

Office building comprising 72,994 sqft with short term leaseback for residential development acquired on behalf of a UK property company for £9.2M.

ACTON, LONDON W3

Single let nursery comprising 2,505 sqft acquired on behalf of a private investor for £790,000 reflecting a NIY of 6.5%.

EDINBURGH

Single let office building comprising 40,992 sqft acquired from a UK institution for £6.95M reflecting a NIY of 7.01%

BRISTOL

Multi let office comprising 27,813 sq ft acquired on behalf of a local authority for £5.5M reflecting a NIY of 7.5%

NORWICH

Single let retail warehouse comprising 44,923 sq. ft acquired on behalf of a private family trust for £4.85M reflecting a NIY of 6.4%

VICTORIA, LONDON SW1

Theatre let for a further 67 years benefitting from indexed linked reviews purchased on behalf of a private family trust for £2.735M reflecting a NIY of 3.7%

BANBURY

Shop and upper parts sold on behalf of a private family trust for £555,000

MARLOW

Single let veterinary surgery let on a 15 year lease, comprising 25,500 sqft acquired on behalf of a local authority for £6M reflecting NIY of 7%

NOTTINGHAM

Multi let office complex comprising 30,333 sqft acquired on behalf a private property company for £4.5M reflecting a NIY of 7.6%

WITNEY, OXFORDSHIRE

Builders merchant let in its entirety to Jewson totalling 10,200 sqft acquired on behalf of a family property company for £1.5M reflecting a NIY of 5.25%

CHISLEHURST, GREATER LONDON

Business centre totalling 15,000 sqft with development potential acquired on behalf of private property company for £1.95M

STRATFORD, LONDON E14

Block of 38 unbroken flats totalling c. 17,000 sqft NSA let on AST’s acquired for far east based private investor for £10.75M

YORKSHIRE INDUSTRIAL PORTFOLIO

A portfolio of 3 multi-let industrial estates totalling 29,029 sqft acquired on behalf of a private property company for £1.59M reflecting a blended NIY of 7.25%

Edinburgh

Single let office building totalling 148,796 sqft acquired on behalf of a South Korean institutional investor for £55.17M reflecting a NIY of 5.25%.

Manchester

Single let trade counter unit totalling 36,328 sqft acquired on behalf of an institutional investor for £3M reflecting a NIY of 6.90%

Kings Lynn

Trade counter terrace totalling 17,517 sqft sold to a private investor for £1.05M reflecting a NIY of 7.02%

Redditch

Single let industrial / trade unit totalling 40,425 sqft acquired for a family trust client for £3.7M reflecting a NIY of 6.92%

Aberdeen

Single let industrial unit totalling 20,336 sqft of sold to an institutional investor for £2.63M reflecting a NIY of 9.45%

Gateshead

Single let production unit totalling 84,795 sqft sold on behalf of a property company for £3.77M reflecting a NIY of 8.96%

Cheswick, Bristol

Ground floor multi-let retail element of residential scheme totalling 27,000 sqft acquired on behalf of City Livery company for £3.95M reflecting a NIY of 9.6%

Gloucester

Single let industrial unit totalling 23,210 sqft sold to a private investor for £2.9M reflecting a NIY of 5.35%

Gloucester

Single let industrial unit totalling 18,207 sqft of sold to a private investor for £2.325M reflecting a NIY of 5.26%

Aberdeen

Multi-let industrial estate totalling 32,612 sqft acquired on behalf of a listed property company for £3.25m reflecting a NIY of 8.25%

Maidstone

Single let industrial unit totalling 16,118 sqft acquired on behalf of a family trust for £3.2M reflecting a NIY of 5.14%

Crawley

Mixed use multi-let parade of retail, offices and light industrial totalling 20,300 sqft acquired on behalf of a property company for £2.1M reflecting a NIY of 8%

Milton Keynes

Multi-let office building totalling 20,299 sqft acquired on behalf of a property company from a UK fund for £3.625M reflecting a NIY of 7.15%

Barry, Cardiff

Single let High St retail unit acquired on behalf of private client for £690K reflecting a NIY of 11.45%

Frome

Retail warehouse single let totalling 13,573 sqft acquired on behalf of a property company for £2M reflecting a NIY of 6.9%

Maidstone

Prime retail block with future development company purchased on behalf of a property company for £1.86M reflecting a NIY of 6.5%

Wrexham

Office building single let to the local council totalling 18,075 sqft acquired on behalf of an overseas property company for £1.6M reflecting a NIY of 14.33%

Leicester

Multi let office building comprising 38,963 sqft sold on behalf of a UK fund for £4.4M reflecting a NIY of 8.2%

Sittingbourne

Vacant office building totalling 17,866 sqft with permitted development rights sold on behalf of a private family trust for £1.6M

Plymouth

Single let 58,000 sqft office building acquired on behalf of an overseas property company for £5.25M reflecting a NIY of 8.95%

Bath

Pub totalling over 8,000 sqft well let with fixed increases acquired on behalf of overseas investor for £3.25M reflecting a NIY of 4.15%

Oswestry

Bus depot let to Arriva on a new 10 year lease sold on behalf of a property company for £985K reflecting a NIY of 5%

Sale, Manchester

Retail investment with upper parts consented for residential conversion sold on behalf of a property company for £800K