North East investment volumes slump but alternatives sector witnesses record breaking year
Commercial property investment activity across the North East reached its lowest level in five years during 2017, according to our latest UK Investment Transactions (UKIT) report.
Boom-like investment volumes witnessed across Yorkshire during 2017
Boom-like investment activity across Yorkshire during 2017 pushed total volume for the year to £1.32bn, according Lambert Smith Hampton’s latest UK Investment Transactions (UKIT) report.
Strong finish to 2017 for Sheffield office market
Sheffield’s office occupier market witnessed a strong finish to 2017 as take-up in the final quarter pushed overall figures to 385,602 sq ft for the year, some 24% ahead of 2016 and well above the 10-year average.
Encouraging end to 2017 for Newcastle office market
Despite occupier activity tapering off in the final quarter of 2017, a new city centre headline rent and improved enquiry levels in the run up to the year-end have created strong momentum for the Newcastle office market leading into 2018.
Contrasting fortunes for Leeds office market
Leeds’ office occupier market witnessed a record-breaking end to 2017 as take-up exceeded the 1m sq ft mark for 2017. But, in stark contrast, investment volumes fell below the five-year average.
LSH advises on largest deal in Scotland in recent years
LSH has advised on one of the largest investment transactions in Scotland in recent years. A vehicle associated with Starwood Capital Group, a private investment firm, has acquired the entire share capital of Abstract (Glasgow) Limited, the company which developed and owns the St Vincent Plaza office development in Glasgow. Lambert Smith Hampton and CMS acted as financial advisors to Starwood Capital Group. Terms of the transaction were not disclosed.
Yorkshire Capital Markets presence relaunched
Luke Symonds joins Leeds office to head up recently re-launched Capital Markets team.
Newcastle transactional team doubles amount of space transacted
During the last 12 months, LSH's transactional team in Newcastle has increased the amount of office space it has sold or let in the city centre by 98.7% a total of over 79,000 sq ft of space across 14 transactions.