Maples Teesdale acted for Columbia Bracknell Limited (a subsidiary of CLS Holdings plc) in relation to the off-market purchase of Columbia Bracknell, a multi-let office property in Bracknell, Berkshire for £14.7 million.
Maples Teesdale have advised BMO Real Estate, on an acquisition by their F&C UK Real Estate Investments Fund, of a 59,000 sq ft distribution unit in Basingstoke for £9.56 million, reflecting a net initial yield of 5.2 per cent.
Maples Teesdale acted for Mace on the acquisition of a development site in Sheffield ear marked for student accommodation and PRS.
Maples Teesdale advises Fragrance Group on purchase of The Townhouse Hotel in Manchester, The Crown Hotel in Harrogate and The Lyndene Hotel in Blackpool
Maples Teesdale advised CCP 5, the new perpetual core plus fund advised by pan-European real estate investment manager Tristan Capital Partners, on its acquisition of the Interchange Building, a Grade A office asset in Croydon from a fund advised by CarVal Investors for £71.5m.
Maples Teesdale have advised LGIM Real Assets on a major refresh of the Dolphin Shopping Centre in Poole, including restructuring of geared investment leases and freehold interests, and a development agreement governing further investment by LGIM Real Assets and the Council.
Maples Teesdale have advised BMO Real Estate on the sale of the Tyneside Mail Centre, Gateshead, Newcastle, a prime logistics unit of 208,864 sq.ft. situated on Team Valley Trading Estate, the premier industrial location in the North East of England.
Maples Teesdale announced the arrival of two new partners, planning expert John Bosworth and commercial property specialist Martin Smith.
Maples Teesdale LLP are pleased to have acted for a UK subsidiary of the Singaporean Fragrance Group in its acquisition of The Palace Hotel in Torquay. This historic 141 bedroom hotel occupies a site of approximately 19.9 acres of grounds overlooking Anstey’s Cove and Lyme Bay.
UKCPT, a fund managed by Standard Life Investments, acquired two retail units in separate ownership on Regent Street directly adjacent to a unit within its existing ownership on the Parade to create the site for a new Metro Bank store.
Maples Teesdale is delighted to have advised Cineworld on a pre-let agreement as anchor tenant for the leisure offering at The Glass Works, Barnsley.
Maples Teesdale acted for Rockspring Property Investment Managers and BlackRock UK Property Fund on a substantial letting at the redeveloped TOR office building in Maidenhead to Rank Leisure Holdings Limited.
Maples Teesdale acted for hedge fund manager Capula Investment Management on the move of its London headquarters to new premises in British Land’s newly opened 7 Clarges Street office building within the Clarges development in the heart of London’s Mayfair.