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Despite the challenges in the market and the looming uncertainty of the BREXIT outcome, the National Investment team have had a busy but rewarding year achieving in excess of £1.5bn of transactions.    Understanding the requirements of their clients, their knowledge and experience of all sectors of the UK commercial market  has been key to taking over 100 deals over the line this year.

 

 

 

Highlights include:

Cedar Portfolio, acquired for £39.9m (NIY 5.85%) : A highly reversionary multi-let trade and light industrial portfolio, located throughout the UK

Acute Portfolio, sold for £51.85m (NIY 4.38%) :   Three attractive North London multi-let office buildings

Morrisons, Loughborough, sold for £32.5m (4.25%) : Prime supermarket investment let to Morrisons Plc on a new 25 year lease with annual RPI linked reviews.

Jeremy Hodgson, partner in the National Investment team commented:

“It’s not all “doom and gloom” as we continue to transact at least 2 deals a week and have completed over £1.5bn in total this year. We expect another 20 sales to exchange before the year end.  It has been a good last quarter as seen by our Investment teams rise to 7th position in the CoStar Investment agent league table for disposals.

The Commercial Auction also concluded the year with an excellent sale disposing of over £65m with a success rate above 80% and total sales for the year over £600m. It’s clearly not all bad news and whilst total volumes are down in comparison to last year the total volume transacted this year is nonetheless likely to top in excess £50bn!  The firm’s reach to private UK and overseas investors has been key and their appetite remains unabated – BREXIT or NO BREXIT!”

 

Download Commercial Investment Transactions 2018