Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £17bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
48% of our transactions have been properties in London and the South East region, but we have also transacted 25% in the North and 14% in the Midlands region.
Furthermore, we have advised on a substantial number of portfolio transactions, which total over £3.47bn comprising £1.78bn in sales and £1.69bn in purchases in 47 separate deals, which typically are multi sector and geographically diverse throughout the UK.
Leander House, 4600 Parkway, Solent Business Park, Fareham
Date: Q1 2018
Acting on behalf of Oaktree/Patrizia we advised on the sale of this well secured ‘List X’ office building to Wesleyan Assurance Society for £7.36m, reflecting a net initial yield of 9.62%.
The property comprises a two storey office building with a net internal area of 45,311 sq ft. The building has ‘List X’ status, which is key to the ...
Parkview, Great West Road, Brentford
Date: Q1 2018
Acting on behalf of Paradigm Land we acquired this prime office in Brentford west London for £43m.
The property was originally constructed in 2002 to a high specification and was acquired with vacant possession and permitted development rights to convert it into 213 residential apartments.
No 2 Capital Quarter, Tyndall Street, Cardiff
Date: Q4 2017
Acting on behalf of Tesco Pension Trustees Ltd we acquired this prime office investment in the heart of Cardiff’s business district for a price in the region of £23.2m.
Constructed in 2016 to a very high standard including an excellent BREEAM rating by JR Smart Builders, the property is freehold and has a floor area of approximately 84,700 sq ft plus ...
SPL House, Poole Hall Industrial Estate, Ellesmere Port
Date: Q4 2017
Acting on behalf of LSH Investment Management we advised on the purchase of this industrial investment from SPL International for £3.49m, reflecting net initial yield of 6.51%.
The property comprises a modern, detached, self-contained distribution unit providing 48,896 sq ft of accommodation. Let on a new 20 year FRI lease to SPL International Ltd at an ...
Crescent Office Park, Clarks Way, Bath
Date: Q4 2017
Acting on behalf of Oaktree/Patrizia we advised on the sale of this office investment to Arbuthnot Latham Ltd for £6.35m, reflecting a net initial yield of 6.88%.
Crescent Office Park was constructed in 2008 and comprises a multi let office development extending to 25,526 sq ft, split into two units. The property is let to three tenants providing a total ...
Network Portfolio
Date: Q4 2017
Acting on behalf of Brookshire Capital we advised on the sale of this single let south east industrial portfolio to Threadneedle for £10.05m, reflecting a net initial yield of 5.62%.
The Network Portfolio comprises three single let industrial assets located in Croydon, Rochester and Ashford with a total floor area of 89,699 sq ft (8,333.32 sq m). The ...
Units 1 & 2 Hammond Road, Elms Farm Industrial Estate, Bedford
Date: Q4 2017
Acting on behalf of CBRE Global Investors we advised on the purchase of this industrial investment from Pacific and Logistics REIT Plc for £5.81m, reflecting net initial yield of 6.05%.
The property comprises a detached warehouse totalling approximately 60,008 sq ft. Let on a new FRI 10 year lease, with a break in year 5, to PW Gates Distribution at an ...
Landore Court, 47-53 Charles Street, Cardiff
Date: Q4 2017
Acting on behalf of Oaktree/Patrizia we advised on the sale of this freehold office investment to local property company, Garrison Barclay for £3.5m, reflecting a net initial yield of 5.88%.
It comprises approx. 23,000 sq ft of offices in a terrace of 4 units together with a surface car park for 32 vehicles and produces a current income of approx ...
Unit 3 Hammond Road, Elms Farm Industrial Estate, Bedford
Date: Q4 2017
Acting on behalf of CBRE Global Investors we advised on the off market purchase of this single let industrial investment for £4.86m, reflecting a net initial yield of 6.20%.
The property comprises a cross-docked warehouse totalling 53,333 sq ft GIA with ancillary offices and large yard. Fully let to Home Hardware Distribution Limited for a term of 10 years ...
31-33 East Street, Chichester
Date: Q4 2017
Acting on behalf of M&G Real Estate we advised on the sale of this prime retail and residential investment to RO Real Estate for £3.95m, reflecting a net initial yield of 4.70%.
The property comprises two prime retail units over ground and basement levels, with 3 self-contained residential flats and a maisonette above, which are all fully let on ...
