Westmount advised a Family Office client of Kleinwort Hambros on the off-market acquisition of this 58,000 sq ft office building from Nuveen real Estate for £97m. The property is located in the heart of the Spitalfields district a short distance from the new Elizabeth line station at Liverpool Street. The multi-let building is arranged over lower ground, ground and six …
Westmount advised a client of Kleinwort Hambros on the acquisition of this 178,816 sq ft office building from clients of Aberdeen Asset Management for £71m. The property is located in the heart of Edinburgh’s Exchange district opposite the castle. The multi-let building is arranged over lower ground, ground and five upper floors. Tenants in the building include KPMG, CMS, Deloitte …
Westmount advised Gatehouse on the purchase of Greyhound Retail Park Phase II from Land Securities. Greyhound Retail Park Phase II forms the dominant element of the 74,322 sq m (800,000 sq ft) regional retail offer at Sealand Road, around 3.2 km (2 miles ) to the west of the City Centre. The developed part of the subject property extends to …
Westmount advised Sports Direct Property on the purchase of De Mandeville Gate Retail Park from Aviva Investors. The Park is situated within the main retail warehousing hub of Enfield. It benefits from an Open A1 (except for food, fashion, clothing and chemist goods) planning consent and consists of four purpose-built retail units comprising a total of 55,173 sq ft. The …
Westmount advised Credit Suisse on the purchase of this dominant bulky good retail park scheme in Harlow from Aviva Investors. The 114,149 sq ft scheme is well let to tenants including B&Q, Home Bargains, Jollyes, Topps Tiles, Halfords, Maplin and Carpetright.
Separation of the electricals companies of the Kingfisher Group and flotation on the London Stock Exchange. The electrical companies (Comet, Dart and But) new holding company was called Kesa Electricals. Simon Smith was involved in the Kesa Electricals float.
Simon Smith was involved in the setting up of the joint venture between M&G Real Estate and Berkeley Homes. The new company was called St Edward Homes and Simon sat on its Board. The residential development sites in the St Edward JV included 375 Kensington High Street, 190 The Strand and Stanmore Place.
Acting in partnership with Credit Suisse, Westmount has acquired this 480,000 sq ft high-specification distribution warehouse and manufacturing facility. The property is let on a new lease to Symphony Group plc for 25 years with index linked rental uplifts. Symphony is the UK’s largest privately-owned manufacturer of fitted kitchen, bedroom and bathroom furniture with a turnover in excess of £100m …
Funded the speculative development of a 750,000 sq ft distribution warehouse which was leased prior to practical completion for 10 years to MFI with a guarantee from Exel Logistics (DHL). DHL inherited the lease when MFI went into receivership – the team subsequently agreed a surrender for a substantial premium payment from DHL and simultaneously relet the building to a …
Secured planning consent to substantially refurbish and extend a dilapidated 60,000 sq ft 1950’s industrial building. The building was completely stripped back to frame and a modern 25,000 sq ft extension was added. The unit was leased together with a further 500,000 sq ft on the same estate to leading 3rd party logistics provider operating a contract for Marks & …
