These are extremely limited opportunities to secure this quality of investment – particularly in the heart of London Unit Trusts and Property Unit Trusts were net disinvestors, with sales outweighing purchases by £268 million Net investment in UK Property accounted for 5.5% of total net investment of £19.8 billion. Teesland Group plc has forward sold its major office development in Leeds to German open ended fund Credit Suisse Asset Management GmbH, advised by CB Hillier Parker and Mueller International.
Vail Williams are to consolidate their position as the largest independent firm of commercial property consultants in central southern England by opening a new regional office serving the Thames Valleys lan Rudland. Vail Williams’ chief executive said Vail Williams are taking the 437 sq m (4,700 sq ft) air conditioned building at £279.87 per sq m (£26 per sq ft) and have agreed a new 15 year lease the global property federation, for a second time. His re-election is without precedent in the organisation’s history Hartnell will also oversee the high profile World Congress of FIABCI, due to be held in London, in May.
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UK building services consulting engineers, Wallace Whittle & Partners, have bought offices at 166 Great Western Road, in Aberdeen’s city centre, for £141,000 Aberdeen-based Chartered Surveyors, F.G. Burnett, acted on behalf of Clydesdale Bank, part of the National Australia Group Europe, to sell the 2,158 sq ft property F.G. Burnett Partner, Richard Noble, said: Wallace Whittle & Partners have rented offices in Aberdeen for 20 years Wallace Whittle & Partners have been trading in Aberdeen for 20 years and now employ 20 people in their city centre offices. They previously rented properties in Carden Place and Queens Terrace In particular.