Acquired by the SoCo and Blue Coast Capital for future co-living development.
Lewis & Partners advised a private investor on the sale of Living Student in Cardiff, a 136 bed student accommodation asset. The property was direct let with 100% occupancy for the upcoming academic year and was sold to Columbia Threadneedle, with pricing reflecting £13m and 6.25% NIY.
Lewis & Partners advised Invesco Real Estate on the acquisition of a student development site in Moss Lane, Manchester. The site owned by Alumno benefits from a planning consent to develop a 261 bed purpose-built student accommodation (PBSA) asset.
Construction is to start shortly with a target completion date of Q3 2026. Pricing for the site was circa £9m with the end GDV of the development totalling circa £70m.
Acquired by The SoCo and Wittington Investments for future co-living redevelopment.
Acquired by the SoCo for future co-living redevelopment.
Lewis & Partners advised a private investor on the purchase of the Wickes in Barking from Aviva Investors. The property was single let but benefitted from significant residential / living potential. Pricing was circa £24m.
Lewis & Partners advised a Private Family Trust on the sale of a Portfolio of residential & commercial properties within Spitalfields East London. The properties were multi-let with pricing reflecting circa £14m.
Lewis & Partners acted jointly with GVA for Tellon Capital on the forward funding of this £132M, mixed-use development which will provide a stunning, landmark scheme for the 12th century gatehouse to historic Southampton’s centre. Legal & General Investment Management Real Assets (LGIM Real Assets) are the funders who will own and operate the completed scheme.
The new Bargate Quarter will support the city’s growth by regenerating and reinvigorating the area and will shine a light on this part of the historic Town Walls through the creation of a new linear park. The development will provide 2,515 sqm of ground floor commercial space, along with 519 much needed new homes in this highly sustainable location, creating a scheme that is respectful of the past whilst also looking to the future. Tellon Capital anticipate the scheme being completed in early 2025.