Commercial Property News

Evolve Estates acquires County Durham shopping centre

Thu, 25 Jan 2024 | COMMERCIAL PROPERTY
Evolve Estates has expanded its retail portfolio with the acquisition of an open-air shopping centre in Billingham, County Durham. The 320,000 sq ft Billingham Town Centre retail scheme is a major shopping destination in the regio... continue reading

Boutique North Wales hotel put up for sale

Tue, 23 Jan 2024 | COMMERCIAL PROPERTY
A boutique hotel in North Wales has been put up for sale as its long-term owners are seeking to retire. The Minffordd Hotel in Tywyn, Gwynedd is located on the Mach Loop, a well-known testing ground for RAF jet fighters, and is po... continue reading

Daish’s Group to sell three UK hotels

Thu, 18 Jan 2024 | COMMERCIAL PROPERTY
Daish’s Group has instructed property consultancy Savills to market three hotels from its portfolio for sale. The group is selling the freeholds of the Barrowfield Hotel, Newquay, the County Hotel, Kendal and Daish’s B... continue reading

Kew Green Hotels completes double acquisition with IHG

Wed, 03 Jan 2024 | COMMERCIAL PROPERTY
International hotel management group Kew Green Hotels has completed the acquisitions of Hotel Brooklyn Manchester and Hotel Brooklyn Leicester. Following the acquisition, both hotels will be rebranded as voco hotels, as part of Ke... continue reading

Roadside property joint venture completes first acquisition

Fri, 15 Dec 2023 | COMMERCIAL PROPERTY
A joint venture formed earlier this year to acquire and develop a portfolio of UK roadside real estate assets has completed its first acquisition. The joint venture, formed by AIM-listed Barkby and real estate private equity manag... continue reading

Acquisitive hospitality group planning further M&A after Somerset pub deal

Mon, 04 Dec 2023 | COMMERCIAL PROPERTY
Drink and Food Group, a hospitality business headquartered in Cardiff, has acquired the lease of the Old Inn pub in Somerset. The deal is part of the company’s two-year expansion plan, with the business seeking to reach a fo... continue reading

Asset management company to acquire two holiday parks for redevelopment

Mon, 27 Nov 2023 | COMMERCIAL PROPERTY
Asset management company Seventy Ninth Group is set to acquire two holiday parks, as the UK’s domestic holiday market continues to evolve. The Southport-based firm has agreed terms to purchase two holiday parks in Scotland f... continue reading

Real estate firm raises nearly £147m for acquisition pipeline

Tue, 21 Nov 2023 | COMMERCIAL PROPERTY
Sirius Real Estate, an owner and operator of industrial parks and branded businesses in the UK and Germany, has raised around £146.6 million to finance a pipeline of acquisition opportunities. The capital raise follows sever... continue reading

Grade II-listed Welsh hotel on the market after entering administration

Wed, 15 Nov 2023 | COMMERCIAL PROPERTY
Miskin Manor Hotel & Spa, a Grade-II listed hotel in Pontyclun on the outskirts of Cardiff, has been brought to market. The four-star hotel, a popular wedding venue, fell into administration last month as a result of significant c... continue reading

Retail centre portfolio acquired in £35m deal

Fri, 10 Nov 2023 | COMMERCIAL PROPERTY
Private commercial property collective M Core has completed the acquisition of a multi-retail centre portfolio for £35 million. The Harrier portfolio is comprised of eight retail parks and convenience stores across England a... continue reading

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