Thu, 14 Jul 2016 | COMMERCIAL PROPERTY
Henderson Global Investors is thought to be planning a sale of the central London-based headquarters of Coutts & Co, the bank which counts the Queen amongst its royal customers, and is also tipped to be working on the sale of a retail store on Oxford Street.
Meanwhile Aberdeen Asset Management is thought to be mulling the sale of a BT office in Leicestershire, and another office development in Hammersmith, London, among others.
Investors are pulling their money out of UK property funds in fear that real commercial property values will tumble, potentially leading to hurried sales of key London properties.
The bosses of seven commercial property funds suspended trading last week, and with the pound at its lowest value since the mid-1980s amid recent Brexit worries, it seems that a door has opened for foreign investors to snap up attractive property in the UK for bargain prices.
Despite the recent fears and slow-down in property deals, however, they are still going through. Just last week, for example, Swedish billionaire Stefan Persson, the chairman of clothing retailer H&M, is understood to have agreed to purchase Debenhams' seven-storey flagship store on Oxford Street in a deal worth around £400 million.
The business for sale is a highly contemporary bar and bistro serving an array of high quality, locally sourced and freshly prepared food and drinks with a great environment. Great reputation in the area for food and live music. Has built up a reliab...
LEASEHOLD
Leading cleaning company in area. High-quality contracts and clientele. All equipment included in the sale. Well-established. Company has an excellent retention rate with a valuable team of staff. Huge scope for growth. The business is now for sale o...
LEASEHOLD
This is an excellent opportunity for an interested and committed buyer to take on a highly reputable e-commerce business which specialises in strapping and other fastening equipment. Excellent online reputation. Wide range of stock. Loyal commercial...
RELOCATABLE
|
29
|
|
May
|
Monsoon Accessorize close to administration | ADMINISTRATION
Fashion retailer Monsoon Accessorize is close to entering ad...
|
28
|
|
May
|
M&G completes purchase of Ascentric platform from Royal London | BUSINESS SALE
Asset manager M&G has completed the purchase of wealth manag...
|
27
|
|
May
|
Food-to-go supplier calls in administrators | ADMINISTRATION
Adelie Foods, one of Britain’s biggest suppliers of sa...
Sign up to receive our acquisition alert emails to get your FREE guide
|
29
|
|
May
|
Monsoon Accessorize close to administration | ADMINISTRATION
Fashion retailer Monsoon Accessorize is close to entering ad...
|
28
|
|
May
|
M&G completes purchase of Ascentric platform from Royal London | BUSINESS SALE
Asset manager M&G has completed the purchase of wealth manag...
|
27
|
|
May
|
Food-to-go supplier calls in administrators | ADMINISTRATION
Adelie Foods, one of Britain’s biggest suppliers of sa...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources