Recent Transactions

Acquisition on behalf of Tri -7, approximately 200,000 sq. ft shopping centre from Columbia Threadneedle. Freehold site of 1.85 acres (0.75 hectares) with WAULT of 6.1 years anchored by Matalan, Foot Asylum and Poundland with significant redevelopment potential. Unconditional with planning recently achieved for a mixed-use student/BTR development.

Lewis & Partners acquired the Mercury Shopping Centre in Romford, on behalf of The Martin Property Group, from a bank led consortium. The property was multi let, anchored by Asda, with pricing reflecting circa £10m and 15% NIY.

This shopping centre investment was sold by Columbia Threadneedle to a consortium of high net worth individuals for redevelopment purposes. Lewis & Partners acted for the purchasing entity. 

Lewis and Partners acted for a joint venture between U&I and Pears Property, in purchasing a portfolio of properties from the National Asset Management Agency (NAMA). They proceeded to sell the properties out individually over the course of the next few years. It was a mixed portfolio, consisting of residential properties in Victoria and Chelsea and commercial property located around the country, from shopping centres to retail parades.

NAMA was established in 2009, during the Irish banking crisis, in order to deal expeditiously with non-performing property loans acquired from Irish banks. 

Purchased from Mars Pension Fund, by a syndicate of private investors, this shopping centre, situated at the heart of the town centre, offers significant redevelopment opportunities over the forthcoming months.