Latest commercial property news from Lambert Smith Hampton

Brunswick Gate - acquired for Fidelity by LSH

LSH acquires 50,000 sq ft Brunswick Gate for Fidelity ahead of fierce competition

Representing the biggest office investment in Southampton city centre in 2014, the 50,000 sq ft Brunswick Gate building was acquired by Lambert Smith Hampton for Fidelity Investment Managers for £11.25m. It is let to NatWest for an unexpired term of six years, equating to a net initial yield of 7.83%.

The building was openly marketed and was sold by Aviva Investors via their agents DTZ, and Lambert Smith Hampton steered Fidelity through the best bids process to a successful acquisition.
Jerry Vigus, Director of South Coast Capital Markets for Lambert Smith Hampton comments: “The team at Lambert Smith Hampton provided comprehensive occupier and investment advice to Fidelity to enable them to successfully acquire Brunswick Gate.
“It has been widely reported that we are seeing an increasing shortage of grade A office space and for Fidelity to secure Brunswick Gate – the biggest office investment in Southampton city centre – is a success that they can be proud of.”

Lambert Smith Hampton was acting as a joint agent with Whitmarsh Holt Young.


For further information relating to this news article contact 

Contact us now

Jerry Vigus
Director - Capital Markets and Industrial & Logistics

023 8020 6111

Register for updates

Sign up today to receive these benefits:

  • Receive new property notifications
  • Save your searches
  • Access to the latest market reports
Register now

How can we help?