Below are a selection of Kimmre's deals showcasing the team's recent successes on behalf of our clients.
16.5 acre site acquisition with short-term income from an international pharmaceutical company. Numerous buildings totalling 290,000 sq ft. Significant re-development opportunity, subject to planning.
Client:
Kingsbridge / Bridges Ventures
Purchaser:
Kingsbridge / Bridges Ventures
Vendor:
Price:
£11.4m
Highly specified multi-let trade park & pre-let warehouse investment . 52% of the income is secured against a recently constructed, fully let Trade Park, across 6 units. The other 48% is secured against a pre-let on a 30,000 sq ft industrial unit.
Client:
Clowes Developments
Purchaser:
Stenprop
Vendor:
Price:
£5.9m – 6.22% NIY
220,274 sq ft across one multi-let office building, three industrial buildings and a development plot. Fully let to six tenants with 7.6 years term certain.
Client:
Bridges Ventures / Chancerygate
Purchaser:
Regional REIT
Vendor:
Price:
£15.36m – 8.92% NIY
116,307sq ft Doosan HQ office investment sale.
Client:
Longmead
Purchaser:
Corum XL
Vendor:
Price:
£30.34m - £261psf
110 key hotel let to Travelodge Hotels Ltd on an FRI lease with an unexpired term of circa 30 years and subject to uncapped RPI reviews.
Client:
Aviva
Purchaser:
Confidential
Vendor:
Price:
£9,310,000
Circa 75,000 sq ft prime London office investment.
Client:
M&G
Purchaser:
Vendor:
Vanke
Price:
£132m - 4.02% - £1,775psf
Acquisition of Gartner HQ office in Staines.
Client:
Greenridge IM
Purchaser:
Vendor:
RLAM
Price:
£57.00m - £530psf
82,299 sq ft office investment with development potential in Bournemouth.
Client:
Fidelity
Purchaser:
Marchmont
Vendor:
Price:
£9.27m - £118psf
116,989sq ft office investment in Basildon.
Client:
M7 / Kamco
Purchaser:
Vendor:
Maya Capital
Price:
£27.80m - 6.23% - £238psf
Single let government office hub in Bristol.
Client:
Alpha
Purchaser:
Abrdn
Vendor:
Price:
£73.35m - 3.85% - £476psf
A portfolio of Care Homes, let to Care UK for a further 23 years.
Client:
Abrdn
Purchaser:
Abrdn
Vendor:
Price:
£44m
96,410 sq ft office investment located in Cardiff.
Client:
M7/Kamco
Purchaser:
Vendor:
Global Mutual
Price:
£25.03m - 6.23% - £260psf