Microsoft Research has agreed to a multi-million pound deal for new headquarters offices in Cambridge. In a £37m deal announced last week by Orchard Street Investment Management, Microsoft Research has signed for a new headquarters office scheme to be built … Continue reading
Posted in Cambridgeshire | Tagged Speculative Developments, Transactions | Leave a comment
A new letting of a floor within a new office scheme in Bristol has left the city short of available Grade A floor space. Developers Ashfield Land have announced the letting of the second floor of their St Catherine’s Court … Continue reading
Posted in Bristol | Tagged Rental Prices, Speculative Developments, Transactions | Leave a comment
A large, multi-suite office building close to Manchester Airport has been sold in a multi-million pound transaction announced today. Property investments company Infinity LLP has purchased the Manchester International Office Centre (MIOC – pictured) for a total of £13.5m. Although the … Continue reading
Posted in Manchester | Tagged Renovations, Transactions | Leave a comment
Liverpool Vision is predicting the already limited supply of new office space in the city is set to shrink further in the months ahead. Liverpool Vision, the city’s economic development company, has published its annual market review of the commercial Liverpool … Continue reading
Posted in Merseyside | Tagged Rental Prices, Speculative Developments, Transactions | Leave a comment
A family owned commercial property company with office schemes in the Midlands and the north has reported another profitable financial year. Manchester-based Bruntwood has this morning published its latest financial results for the year ending September 2010 and again the … Continue reading
Posted in Manchester | Tagged Serviced Offices, Transactions | Leave a comment
A Lancashire based commercial property investment company has added to its portfolio with the purchase of a significant, Grade A, Manchester office block. Investment company HIMOR Group has purchased the Ship Canal House offices in King Street, Manchester, for nearly … Continue reading
Posted in Manchester | Tagged Rental Prices, Transactions | Leave a comment
A business park in Swindon has reportedly accounted for more than 40% of the out-of-town office lets signed in 2010. The Kembrey Park site (typical building pictured), on the outskirts of Swindon, holds a dominate position for office lets according … Continue reading
Posted in Uncategorized, Wiltshire | Tagged Business Parks, Rental Prices, Transactions | Leave a comment
Newcastle City Council has announced the purchase of a multi-storey office and retail building in the city. The council has purchased Higham House (pictured – image source), a 6-storey building for £5m. The transaction has been debt financed. The ground … Continue reading
Posted in Tyne and Wear | Tagged Public Sector, Rental Prices, Transactions | Leave a comment
A large-scale development in Thames Valley has been acquired by a US private equity investor. US investors Benson Elliot Capital Management and UK property developers Stanhope plc have acquired a majority interest in the Station Hill redevelopment in Reading, Berkshire. … Continue reading
Posted in Berkshire | Tagged Speculative Developments, Transactions | Leave a comment
One of the largest business parks in the UK is set to be sold for nearly £500m to a private equity group. Blackstone, the private equity investors are aiming to sign off a deal worth £480m to purchase the 1.8m … Continue reading
Posted in London | Tagged Business Parks, Serviced Offices, Speculative Developments, Transactions | Leave a comment
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