Lambert Smith Hampton advises Ropemaker Properties on UK care home purchase
LSH has advised Ropemaker Properties on the acquisition of Silversprings care home for £9m from Octopus Healthcare, reflecting a net initial yield of 5.04%.
Caversham Park in Berkshire to start the next chapter of its illustrious history
As part of ongoing savings and modernisation of its property portfolio, the BBC is selling historic Caversham Park, near Reading, Berkshire. This provides a remarkable opportunity for the sympathetic conversion and development of the stunning park to ensure it is enjoyed by future generations.
Kier closes Reading Gateway forward funding
Advised by Lambert Smith Hampton, Kier Property, the development arm of the Kier Group, has completed a £40m forward funding deal with a client of Aberdeen Asset Management for the 80% pre-let Reading Gateway site in Reading.
Young LSH Surveyor appointed RICS Chair in Lincoln
Lincoln-based Property Management Surveyor Charlotte Elkington has been appointed Chair for RICS Matrics Lincolnshire.
LSH Auctions to sell historic Solent fort, representing prime development opportunity
Lambert Smith Hampton is offering Horse Sands Fort for auction at 11:00 on Tuesday 11th October 2016. With a guide price of £875,000, the property is being sold on behalf of owner Clarenco LLP. Representing a unique residential or tourism development opportunity, the 73m diameter armour plated fort is situated just off the Portsmouth coast.
East Midlands commercial property investments soar
Investment activity in the East Midlands commercial property sector showed no signs of market anxieties in the run-up to the referendum, new figures from national property consultancy Lambert Smith Hampton (LSH) shows.
Millions invested in West Midlands property
Investment activity in the West Midlands commercial property sector – and right across the Midlands Engine region - in the run-up to the EU referendum was well above the same period last year, new figures from Lambert Smith Hampton (LSH) show.
Will Brexit boost the South West hotel sector?
A weaker pound resulting from Brexit may well benefit hotel owners in the south west region, says LSH Director of Hospitality and Leisure
Healthcare: an increasingly polarised market?
The current care home market appears to be increasingly polarised between well performing homes that command premium private and top up fees, and those often older style converted buildings, reliant on social services that are facing increasingly difficult trading conditions.
West Midlands businesses fare best in wait for clarification on business rates appeals
As the result of a freedom of information act, the Government’s Valuation Office, which sets business rates, has confirmed that businesses across the West Midlands that query the amount they pay have to wait around 315 days to get clarification of their appeal.