Mayfair Capital has agreed a £110 million deal to buy the Bonhill Building in Shoreditch from Legal & General. L&G purchased the 114,543 sq ft building for £62.6 million in 2014, at a net yield of around 5%. Earlier this year, the firm appointed Colliers International to sell it for...
27th June 2019
It’s no secret that relocating your office is a significant undertaking. An office move is an important decision, and requires careful consideration and planning to be successful. However, don’t be put off by the idea of all that upheaval and stress — while it certainly is no easy task, moving...
25th June 2019
A pair of South Bank offices have been acquired for a combined sum of £82 million, as investments continue to flood into the London submarket. Firstly, CCLA Investment Management has purchased Palace House from Schroder UK Real Estate Fund (SREF) for around £50 million. The block comprises 45,012 sq ft...
20th June 2019
Our expert consultants can carry out commercial valuation work, including offices, retail, industrial, licenced and leisure property, healthcare property, religious property, developments and going concerns. They value for the purposes of loan security, taxation, accounts, acquisition, disposal and can produce expert witness reports for the courts in relation to disputes.
18th June 2019
We are experts in the acquisition of all classes of industrial real estate. People’s shopping habits are evolving rapidly, and so are the requirements for industrial space. At Morgan Pryce, we can assist with the search, negotiation and acquisition of industrial and logistical real estate, for requirements ranging from data...
18th June 2019
The world of work and the demands it places on employers and employees is constantly changing, with technological advancements continually giving rise to new ways of working. Although this has led to increased globalisation and huge market growth, the pressure on workforces to keep up with market developments and maintain...
17th June 2019
The Restaurant Group (TRG) has confirmed plans for a sale and leaseback of its headquarters at 5-7 Marshalsea Road. TRG have enlisted CBRE to assist with the sale, and will be seeking offers in excess of £25.7 million — reflecting a capital rate of approximately £1,100 per sq ft and...
12th June 2019
Weston Homes and the Estates & Agency Group have secured planning permission to carry out a £350 million regeneration of Abbey Retail Park in Barking and create a new riverside urban village. The new scheme, named Abbey Quays, will comprise nearly 1.2 million sq ft of space and will deliver:...
10th June 2019
With the increased global focus on climate change and the urgent need to reduce carbon emissions, companies are developing ever more comprehensive corporate social responsibility policies, and more and more businesses are starting to prioritise applying environmental strategies in the workplace. This can include everything from installing excellent recycling facilities...
10th June 2019
WeWork (The We Company) has announced the launch of its £2.2 billion property acquisition and management platform, ARK. As part of WeWork Property Advisors (the joint venture between WeWork and Rhône Group), ARK will focus on acquiring, developing, and managing property assets in global gateway cities and high-growth secondary markets....
7th June 2019