Lewis & Partners acted for a private client in the disposal of this prime retail block, multi-let and sold to a private individual at close to the asking terms.
Lewis & Partners acted on behalf of a private investor in acquiring 261/309 High Road, Loughton from Threadneedle Pension Fund. The property was multi let to numerous retail tenants and the pricing reflected £7.3m and 9% NIY.
Named John Lewis branch of the year in 2023, this prominent and attractive building, situated on the affluent high street, was purchased by a private family office from BlackRock UK Property Fund. Lewis & Partners acted on the acquisition.
Lewis & Partners advised on the acquisition of 1-5 Spurriergate, York, on behalf of a private investor, from Aviva Investors. The property was multi let but anchored by H&M, with pricing reflecting circa £7.5m and 10% NIY.
Lewis & Partners acted on behalf of a private investor in acquiring 114/115 Broad Street Reading from CBRE Global Investors. The property was let to EE until 2028, without break and the pricing reflected £1.55m and 13% NIY.
Lewis & Partners acted on behalf of a private investor in acquiring 270-282 Upper Richmond Road, East Sheen, from CBRE Global Investors. The property was multi let, with a combination of retail & residential income and the pricing reflected £3.4m and 7% NIY.
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.
This freehold office with retail, comprising of 41,122 sq ft, arranged over ground and six upper floors, was sold by Zurich Assurance Pension Fund and purchased by Cervidae, a substantial family office, for redevelopment purposes. Lewis & Partners acted on the acquisition.