Segro has sold a portfolio of UK industrial assets to two property funds managed by Ignis Asset Management for £80.2m. Segro says this is part of its new strategy to focus its industrial portfolio on London and the South East. The five non-core UK ... Read more
Glenny LLP and National Grid Property Holdings have announced the letting of a 76,000 sq ft industrial unit in Dartford. Unit D at Littlebrook Business Centre, a warehouse facility located by the QEII Bridge, has been let to road haulage firm MJD ... Read more
The availability of debt will be a crucial factor for commercial property markets across Europe this year, and a recent major PricewaterhouseCoopers report shows that most lenders expect financing to become even harder to obtain in 2012 than it was ... Read more
Helical Bar today updated the market on its current trading, saying that it had continued to add to its portfolio with £90m of acquisitions completed since September 2011. These include land and buildings in Corby for £70m. The group has also bought ... Read more
SBH Page & Read has agreed the lease of 419 sq m of office space at Redwing Court in Romford to TBG Learning for landlord Right Choice Property Holdings. The five-year lease is at £25,000 per annum. The firm has also let the 566 sq m offices at ... Read more
Bowyer Bryce has announced that a five-year lease has been agreed on 1,575 sq ft of office space in Hitchin on behalf of a private landlord. The offices at Manor Court, 26 Bancroft in the town have been let to Compliancy Services UK LLP at an annual ... Read more
SBH Page & Read has reported a slew of deals from its Docklands and Enfield offices. Among the transactions out of the firm’s Docklands office is the 10-year lease of 10,890 sq t at Remus House in Bow E3 for the ABBA Litho Pension Fund to Ican ... Read more
Bowyer Bryce has recently let 100 Cecil Street in Watford to The Good Guys Group on behalf of a private landlord. The two-year lease of this 1,563 sq ft industrial property has been agreed at a rent of £5,500 per annum. For further information please ... Read more
Take-up of office space in Manchester city centre is expected to total around 700,000 sq ft for 2011, which would be 30% below the long-term average of 990,000 sq ft and almost half the level recorded in 2010, says Lambert Smith Hampton. But the ... Read more
New research from DTZ has concluded that nearly 70% of UK office stock is poor-quality, secondary floorspace – Grade C. In contrast to what you might think, availability of this class of office stock is only 3.5%, much lower than for Grade A (12%) or ... Read more
