News
-
Nestware Properties conclude 2 deals with Tile Mountain
Nestware Properties recently concluded the sale/letting of 2 units to Tile Mountain. Cardiff | 475 Newport Road | 15,440 sq ftTerms were agreed to sell the vacant freehold to Tile Mountain, and a price of £2,900,000 was agreed. Cheltenham | Manor Road | 15,000 sq ftTile Mountain committed to a…
-
Park Place Retail move up to second in Trevor Wood’s Top 10 Lettings Agents for Retail Parks
We are delighted to have moved up by a place to second in the Trevor Wood Top 10 Letting Agents for Retail Parks! Our team has grown in the past year with the addition of Henry Elwess and Graham Lind, and we have also won new landlord instructions totalling almost…
-
Landsec sell Lakeside Thurrock
Landsec has exchanged on the sale of Lakeside Retail Park in Thurrock for a headline price of £114 million to DTAM Apex Lakeside Bidco, of which Farran Investments serves as an asset manager and a minority co-investor. The sale price reflects an income yield of 6.75%, with the transaction slated…
-
Trafford Retail Park, Manchester
Purchased Trafford Retail Park in Manchester on behalf of Knight Frank Investment Management in November 2024. For further information, please contact:- Ellie Kirkby | 07764 241 898 | ellie.kirkby@parkplaceretail.co.uk
-
Merantum Way, Colliers Wood
Sold Merantum Way in Colliers Wood for circa £22.5 million on behalf of Aviva Investors in November 2024. For further information, please contact:- Ellie Kirkby | 07764 241 898 | ellie.kirkby@parkplaceretail.co.uk
-
Airport Retail Park, Coventry
Sold Airport Retail Park in Coventry for circa £37.3 million on behalf of LondonMetric plc in January 2025. For further information, please contact:- Paul Wilkinson | 07770 585 313 | paul.wilkinson@parkplaceretail.co.uk
-
Orchard Street Investment Management purchases 192,000 sq ft retail park in Leicester
Specialist commercial property fund, Orchard Street Investment Management (OSIM), have acquired St George’s Shopping Park in Leicester from Tritax Big Box. Located 0.5 miles away from Leicester city centre, St George’s Shopping Park comprises 192,695 sq ft of prime retail space across 16 units, housing popular high street names such…
-
M&S to upsize at New Mersey
British Land have exchanged contracts with M&S for a relocation and upsize at their New Mersey scheme in Liverpool. M&S will be moving from their 10,000 sq ft Foodhall store to a 60,000 sq ft Food & GM store over 2 levels. As part of the transaction, B&Q will be…
-
M&S to extend in Orpington
British Land have completed their works at their Nugent scheme in Orpington to enable M&S to extend sideways. By taking in the adjacent former Cotswold and Maplin units, M&S are expanding from 25,000 sq ft to 35,000 sq ft at ground, plus a large trading mezzanine. M&S are due to…
-
New instructions
Park Place Retail have recently been instructed by landlords as letting agents on 21 retail parks as follows:- For further information on each scheme, please contact the relevant agent:- James Potter | 07770 930 777 | james.potter@parkplaceretail.co.ukGrant Imlah | 07831 612 077 | grant.imlah@parkplaceretail.co.ukDavid Marsden | 07786 513 597 |…