Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £18.5bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
In addition of some £15.5bn in individual investments traded, Lewis Ellis have advised on a substantial number of portfolio transactions, which total over £3.05bn in 87 separate deals.
HR Owen, Pilot Industrial Centre, 5-9 School Road, Park Royal, Acton NW10 6TD
Date: Q3 2020
Acting on behalf of Eskmuir Properties we advised on the sale of this high reversionary Park Royal investment to Capital Industrial for £15.325m, reflecting a net initial yield of 2.84%.
The property is strategically positioned at the south eastern corner of Park Royal Industrial Estate (Victoria Road), one of the closest and well connected commercial ...
2-8 High Street & 2-6 Ingrave Road, Brentwood CM14 4AB
Date: Q3 2020
Acting on behalf of Cording Real Estate we advised on the sale of this South East retail/office investment to AEW UK for £4.4m, reflecting a net initial yield of 8.75%.
The property comprises a prominent retail/office parade measuring 22,046 sq ft. The property is fully let by way of 13 tenancies to an attractive mix of national and independent retailers ...
Capita House, Brookfields Park, Dearne Valley, Rotherham S63 5DJ
Date: Q1 2020
Acting on behalf of Legal & General we advised on the sale of this invetsment to Capita Plc for £20.35m, reflecting 6.60% net initial yield.
Capita House comprises a well specified purpose-built call centre measuring 135,938 sq ft. The income is well secured to Capita Business Services Ltd (guaranteed by Capita Plc) and held on FRI lease terms, ...
DHL, Bonehurst Road, Salfords, Redhill
Date: Q4 2019
Acting on behalf of M&G Real Estate we advised on the sale of this industrial investment to Oxenwood Real Estate for £17.25m, reflecting a net initial yield of 4.80%.
The property comprises a large distribution unit totalling 108,193 sq ft. Let in its entirety to DHL Supply Chain (trading as ‘Tradeteam’) with approximately 4 years unexpired ...
Nuffield Health & Fitness Club, 151 – 156 East Reach, Taunton
Date: Q4 2019
Acting on behalf of KFIM we advised on the acquisition of this leisure investment from Kingston Taunton for £5.0m, reflecting a net initial yield of 4.82%.
The property was constructed in circa 2003 and comprises a purpose built health and fitness club over ground and first floors totalling 22,560 sq ft GIA. Let to Nuffield Health for a further 23 years at a ...
M&S, 1 Albert Street, Nottingham
Date: Q4 2019
Acting on behalf of Nuveen Real Estate we advised on the sale of this retail investment to Thackeray Estates for £16.35m, reflecting a net initial yield of 7.50%.
The property is an attractive, purpose built flagship department store totalling 125,145 sq ft. The store is arranged over five floors, and benefits from lower ground, ground, first and second ...
Travelodge, Central Park, Western Approach, Bristol
Date: Q4 2019
Acting on behalf of South Gloucestershire District Council we advised on the acquisition of this hotel development from Barwood Capital for £8.5m, reflecting a net initial yield of 5.03%.
The development will comprise a 5 storey 81 bed hotel, together with a bar, café and 81 parking spaces. Upon completion Travelodge Hotels will enter into a new 25 ...
Wollaston Industrial Park, Wellingborough
Date: Q3 2019
Acting on behalf of Eskmuir Properties we advised on the sale of this multi let industrial estate to Chancerygate for £7.24m, reflecting a net initial yield of 7.40% and a capital value of £57 per sq ft.
Wollaston Industrial Estate is situated to the south of the town centre and is the primary industrial offering for the town. The property comprises ...
Bloxwich Industrial Estate, Bloxwich Lane, Walsall
Date: Q3 2019
Acting on behalf of London & Cambridge Properties advised on the sale of this freehold multi-let industrial investment to Vengrove Real Estate for £7.05m, reflecting a capital value of £50 psf.
Bloxwich Industrial Estate occupies a strategic location less than 300m from junction 10 of the M6 motorway and comprises seven industrial/warehouse units ...
7-8 Wellington Place, Leeds
Date: Q3 2019
Acting on behalf of Legal and General Pensions Ltd we advised on the forward purchase of this long leasehold, government let, office building for approximately £211m.
The property forms part of the highly acclaimed Wellington Place development carried out by MEPC on behalf of Hermes Investment Management and CPPIB.
It comprises two adjoining ...
