Wed, 04 Aug 2010 | BUSINESS NEWS
New figures released by Lambert Smith Hampton (LSH) have revealed that commercial property investment in the UK saw its highest level of activity for two years in the second quarter of this year.
The LSH study revealed that UK investment totalled £8.3 billion during the period with 15 deals worth more than £100 million completed, accounting for £3 billion of the total.
The largest deal in the region was Development Securities’ purchase of the MEN Arena in Manchester for £62.2 million. Other key transactions included Braemar Group’s acquisition of the freehold of Manchester's Beetham Tower.
The LSH research also showed that overseas investors have replaced UK institutions as the most active investors in UK commercial property, accounting for nine of the top 20 positions in LSH’s most active buyers index.
The largest transaction in the second quarter was the £580 million purchase of the Knightsbridge Estate by the Saudi Arabian investor Olayan Group, from Avestus Capital Partners, representing a four per cent net initial yield.
Ezra Nahome, chief executive of LSH, said, “The market has become more broadly based in recent months with renewed buying activity from several sources that have been out of the market for some time.
“The greater variation of buyers must bode well for the coming months, in what we believe will be a more challenging market.”
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
|
20
|
|
Dec
|
Electiva Healthcare looks pretty after cosmetic surgery deal | BUSINESS SALE
Private healthcare provider Electiva Healthcare has acquired...
|
20
|
|
Dec
|
Law firm HF could target M&A following PE investment | BUSINESS NEWS
Law firm HF could have its eye on acquisitions after sealing...
|
20
|
|
Dec
|
BMS buys insurance broker Peer DR&P | BUSINESS SALE
BMS Group, the independent specialist insurance and reinsura...
|
20
|
|
Dec
|
Derwent Windows opens door to employee ownership | BUSINESS SALE
Derbyshire-based Derwent Windows and Doors has transitioned ...
|
20
|
|
Dec
|
BMS buys insurance broker Peer DR&P | BUSINESS SALE
BMS Group, the independent specialist insurance and reinsura...
|
20
|
|
Dec
|
Law firm HF could target M&A following PE investment | BUSINESS NEWS
Law firm HF could have its eye on acquisitions after sealing...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.