AEW receives Glasgow retail space

AEW, acting on behalf of the AEW European City Retail Fund, bought the Scottish Stock Exchange building for 38.3 euros. The asset is the most retail building in Glasgow. The Scottish Stock Exchange building is located on 153-159 Buchanan Street and 6-11 Nelson Mandela Place. Covering an area of 57.190ft², the building has Class A […]

Ashley Wilde continues to expand

The British home decor specialist Ashley Wilde Group expanded with the acquisition of Glasgow-based Voyage Decoration. Voyage manufactures fabrics, wallpaper and ceramic products for the home. “We’re thrilled to be launching a brand-new partnership with Voyage,” said Ashley Wilde chief executive Ashley Brodin. “With the resources of such a stable and renowned parent company, the […]

Sidra buys retail presence in Glosgow

The financial services company Sidra Capital has acquired significant retail assets in Glasgow. Both of these assets are leased to British retailers. With this investment, Sida Capital had two highly profitable commercial properties. Sidra Capital’s presence in the park has enabled it to combine existing tenants with the addition of retail brands Sainsbury and Home […]

Get Living announces first site outside of London with Get Living Glasgow to build 600 rental homes

Get Living, the UK’s leading large scale residential investor and owner-operator of the former London 2012 Athletes’ Village, has concluded the purchase of a 7.5-acre site in the heart of Glasgow’s fashionable Merchant City district. The Merchant City site has outline planning consent and Get Living hopes to bring a new residential neighbourhood comprising more […]

Hines and Universal-Investment acquire retail asset on Glasgow’s prime shopping street

Hines, the international real estate firm, and German investment company Universal-Investment have acquired a retail asset on Glasgow’s prime shopping street from Hermes Investment Management, the £24.1 billion manager focused on delivering superior, sustainable, risk-adjusted returns to its clients – responsibly. The acquisition was made for an institutional real estate fund on the platform of […]

House price growth in UK key cities set to reach 10 pct by the year end

According to the Hometrack’s UK Cities Index, annual house prices increased by 9,4 pct in UK’s key cities and city level house price inflation set to reach 10% by the year end. Large regional cities outside southern England are recording an acceleration in growth off a low base. Glasgow, Manchester and Liverpool registered the highest […]