Author Archives: Addington Capital

ADDINGTON CAPITAL CREATES NIRVANA IN HOUNSLOW

Addington Capital, the property investment and asset management company has revealed its new ‘street art’ mural “Nirvana” at its recently completed One Lampton Road, the new PRS permitted development scheme in Hounslow. Created and painted in 10 days by the artist WOSKerski (Website: https://www.woskerski.com/), Nirvana brings individuality, extra colour and certainly a talking point to […]

ADDINGTON CAPITAL – SUCCESS WITH NEW OFFICES TO RESIDENTIAL DEVELOPMENT IN LEEDS CITY CENTRE WITH ALL SIXTEEN HOUSES NOW SOLD OR UNDER OFFER

Addington Capital, the property investment and asset management specialist has sold 11 houses to owner occupiers in its town house scheme of 16 houses on Melbourne Street and Lower Brunswick Street near Leeds City Centre, with the remaining five homes under offer – three of these are expected to complete by the end of June. […]

NEW PARTNER AT ADDINGTON CAPITAL TO MAJOR ON TOWN CENTRE REGENERATION – Nigel Turner (Former COO of McCarthy Stone PLC and Board Director of Kier Group) Joins as Addington Gears Up to Maximise Opportunities in Town Centre Regeneration

Addington Capital, the property investment and asset management specialist has recruited regeneration expert, Nigel Turner as a partner to head Town Centre Regeneration. This senior addition elevates Addington’s capability to help investors and landowners redress the balance in our tired retail spaces and town centres. Nigel was formerly a Board Director and COO of McCarthy […]

ADDINGTON CAPITAL CREATES CO-WORKING SPACE IN PRS SCHEME IN LEEDS TO CATER FOR NEW WAYS OF WORKING – High Occupancy in PRS schemes shows success of policy of “listening” to residents

Addington Capital, the property investment, and asset management specialist has heeded the request of its residents and has refurbished the residents’ lounge at its PRS scheme at Headingley Park, Leeds to create a fully-fledged co-working space. This is fully operational for when the government lifts restrictions and encourages “back to work” in the office. The […]

ADDINGTON CAPITAL LETS THREE OFFICES TO DWP FOR JOB CENTRES ACROSS THE UK – PROPERTY COMPANY USES NEW CLASS E RIGHTS TO PROVIDE OFFICE SPACE FOR EXPANDING GOVERNMENT DEPARTMENT

Addington Capital, the property investment, and asset management company has let over 26,100 sq. ft of office space to the Department of Work and Pension “DWP” in three of Addington’s properties, two of which are in shopping centres. The DWP has taken a new five-year lease and has expanded its occupancy to take 7,900 sq. […]

AddLiving Launches New Web Site and Reveals New Logo

AddLiving, our independent residential lettings and management company is today launching new branding and an improved website: www.addliving.co.uk – as we continue to invest in the residential platform. Our new residents can take a digital tour around our apartments, check availability and use the online leasing journey. For current residents it’s an easy way to […]

Europa and Addington JV Completing Redevelopment of One Lampton Road, Hounslow – And Launch New Residential Scheme

Europa Capital, the pan-European real estate investment manager and its partner, Addington Capital, the property investment and asset management company are completing the redevelopment of One Lampton Road, Hounslow. This is a mixed-use office/retail building that has now been converted into a new PRS residential scheme of 118 residential homes, ready to launch. The building, […]

EUROPA CAPITAL AND ADDINGTON CAPITAL SELL THE QUADRANT, ABINGDON SCIENCE PARK, OXFORDSHIRE TO KADANS SCIENCE PARTNER

A fund managed by Europa Capital in joint venture with Addington, has sold The Quadrant, Abingdon Science Park to Kadans Science Partner, a science park, investor, developer and operator at a price of around £13 million. The scheme comprises four terraces of offices and laboratory buildings totalling 75,316 sq. ft. along with a 1.59-acre parcel […]

ADDINGTON CAPITAL SECURES NEW RETAIL LETTING TO TESCO IN CHELTENHAM

Addington Capital, the property investment and asset management specialist has secured a new letting at 111 High Street, Cheltenham, adjacent to John Lewis. Tesco is taking a 4,100 sq. ft unit on a new 20-year lease. The unit forms half of the ground floor space of a repurposed retail unit adjacent to the recently opened […]

ADDLIVING APPOINTED TO MARKET AND MANAGE PRS RESIDENTIAL SCHEME IN HOUNSLOW AS IT PREPARES FOR LAUNCH

ADDLiving, the specialist residential lettings and management company, has been appointed to market and manage Europa/ Addington Capital’s newly developed 124 apartment residential scheme at One Lampton Road, Hounslow. The new PRS scheme will be launched in October when the team hopes to agree pre-lets, with practical completion expected in November. Addington and Europa Capital […]

NOT ALL DOOM AND GLOOM IN SHOPPING CENTRES AS HARVEY CENTRE HARLOW SPRINGS TO LIFE – Addington Capital reassured by turnover and footfall in shopping centre despite Lockdown blues

Despite widely publicised negative reports about the state of the UK retail market following the latest quarter day figures, shoppers at Addington Capital’s Harvey Centre in Harlow appear to be coming back on site to shop. Most of the independently owned retail businesses have re-opened including some of the commercialisation mall units and national retailers […]

ADDINGTON CAPITAL WELCOMES POSITIVE ENGAGEMENT WITH OCCUPIERS AS SUGGESTED IN FORTHCOMING MHCLG CODE OF CONDUCT – But believes future collaboration should not just be a “one-way process”

The Government has announced preparation of a Code of Practice for owners and occupiers to encourage collaboration in reaching agreement over rent payment. It has made clear that this is a voluntary Code in the hope rent negotiations will follow it and has stated:   The Code is not intended to be the sole intervention […]

ADDLIVING: STAFF RETURN ON SITE TO RESIDENTIAL SCHEMES – New Lettings Taking Occupancy Levels to nearly 97% across all schemes- despite pandemic

ADDLiving the specialist residential lettings and management company, which is this week seeing a return of staff to its residential sites, has revealed strong occupancy figures despite the impact of Covid-19. ADDLiving’s residential sites currently consist of over 900 units – include 371 units in Velocity Village in Sheffield, 152 units in Headingly Park in […]

ADDINGTON CAPITAL SELLS WAREHOUSE IN NORTHUMBERLAND FOR £1.93M

Addington Capital, the property investment and asset management company has sold a modern warehouse at 76 Colbourne Avenue, Cramlington, Northumberland to Coalfields Regeneration Trust for £1.93 million. The property is located on the Nelson Park Industrial Estate in Cramlington, eight miles North of Newcastle with access to the A19 and A1 and is a high […]

ADDINGTON CAPITAL SECURES FIRST OFFICE LETTING IN RE-PURPOSED RETAIL BLOCK IN CHELTENHAM

Addington Capital, the property investment and asset management specialist has secured its first letting of 109-117 High Street in Cheltenham, adjacent to John Lewis. Just Go Travel is taking the whole of the first floor, just over 7,400 sq ft, at a rent of £25 per sq. ft., having relocated from a traditional office location […]

ADDINGTON CAPITAL SELLS REFURBISHED LEEDS CITY CENTRE OFFICE BLOCK FOR £3 MILLION

Addington Capital, the property investment and asset management specialist has sold Aireside House, a 9,500 sq ft office block immediately behind the railway station on Aire Street in Leeds City Centre for £3.05 million. The purchaser is the Wesleyan Assurance Group, a financial services company. The building was fully occupied and the sale equates to […]

ADDINGTON CAPITAL LETS 20,000 SQ FT AT 10 FLEET PLACE, EC4 TO KNOTEL

Addington Capital, the property investment and asset management company has let 20,000 sq ft of office space at 10 Fleet Place, EC4 to serviced office provider Knotel on a new 10-year lease. The quoting rent is around £65 per sq ft. 10, Fleet Place was acquired in 2015 by its current Hong Kong-based owners Crosby […]

ADDINGTON CAPITAL SECURES PLANNING APPROVAL FOR NEW RESIDENTIAL DEVELOPMENT IN LEEDS CITY CENTRE

Addington Capital, the property investment and asset management specialist has received planning approval for a town house scheme of 16 houses on Melbourne Street and Lower Brunswick Street near Leeds City Centre. The application comprised of twelve 2-bed, 2-bath townhouses (Melbourne) and four 3-bed, 2-bath townhouses (Brunswick), with parking and garden, all of which are […]

ADDINGTON CAPITAL PARTNERS BAUMONT REAL ESTATE CAPITAL, AS BAUMONT MAKES ITS FIRST INVESTMENT IN THE U.K – ACQUIRING A 182 APARTMENT PORTFOLIO IN LONDON

Addington Capital has partnered with BauMont Real Estate Capital (BauMont) as BauMont completes its maiden investment in the U.K. , acquiring a residential portfolio from a private family office on behalf of BauMont Real Estate One SCSp (BREO). The portfolio includes 182 apartments of mostly converted Victorian and Edwardian houses in South London let on […]

ADDLIVING: SUCCESS AT OFFICE TO RESIDENTIAL PRS APARTMENT BLOCK AT HEADINGLEY, LEEDS: All 27 new apartments under Offer in Two Weeks of Launch

All 27 one- and two-bedroom residential apartments in Addington Capital’s newly re-developed apartment block at Headingley Park, Leeds are now under offer within 2 weeks of launch. Launched and managed by ADDLiving, the specialist residential management and leasing company, this is the fourth block Addington Capital, has redeveloped on the Headingley Park site, which it […]