Real estate investor, developer and asset manager, Firethorn Trust, has purchased One Bessborough Gardens, SW1, in an off-market deal. Addington Capital introduced Firethorn to the deal and are advising on delivery. The 70,000 sq. ft. office has been acquired from Charles Street Building Group for an undisclosed sum. One Bessborough Gardens is a prominent four-storey […]
The founders of Addington Capital, Martin Roberts and Matthew Allen have recruited Matt Pears as the new Operations Director of AddLiving, Addington’s sister residential lettings and management business. Matt joins AddLiving from Wildheart Residential Management Ltd where he was a Property Director. Wildheart RML manages 1,000 AST units and 4,000 Leasehold units across the country […]
Addington Capital (“Addington”) and BauMont Real Estate Capital (“BauMont”) have completed the purchase of Old Change House, 128 Queen Victoria Street, EC4 for around £23 million, showing a yield on contracted income of 6.55%. The vendor was Coal Pensions Limited advised by Delancey. Old Change House is a 56,814 sq. ft detached office building with […]
Addington Capital, the property investment and asset management specialist has signed a further deal with Mott Macdonald, existing tenants at 10 Fleet Place in London, whereby Mott Macdonald commits to a further 20,000 sq. ft on the fourth floor of the building. Mott MacDonald, the global engineering consultancy has been a longstanding tenant at 10 […]
Addington Capital, the property investment and asset management specialist and its investor partner ICG have started work on the final phase of their Headingley Park residential scheme. An additional 70 new residential units to rent will be created at Stockdale House; the fifth and largest building on the site. Headingley Park is an office to […]
Matthew Allen of Addington Capital outlines the frustrations and obstacles facing landlords trying to refurbish old apartment blocks to meet increasingly stringent building safety and energy efficiency standards. Despite recent planning decisions, new legislation and claims that environmental issues are high on the agenda, the government appears to be doing little to support those trying […]
Addington Capital, the property investment and asset management specialist and its joint venture partners have sold 34-46 Baron Road and 11-23 Herald’s Way, an unbroken town centre retail parade with vacant upper parts in South Woodham Ferrers, Essex. The property has been acquired by a private family office for £2.75 million. The property comprises an […]
Addington Capital, the property investment and asset management specialist has let the recently refurbished third floor of 10 Fleet Place, London EC4 to OB, a brokerage business. OB is taking a total of 19,835 sq. ft., which comprises the whole of the third floor, from May 2023. The space has been let on a ten-year […]
Addington Capital, the property investment and asset management specialist, and its joint venture partners, have sold 8-12 Hessel Street, London, E1 to a private family office for £2,025,000 (£617psf). This followed a competitive bidding process. 8-12 Hessel Street is a freehold block comprising of six apartments (four x 1 bed and 2 x 2 bed) […]
MIXED VIEWS ON THE OUTLOOK for the property industry. Addington thinks it is sunny with good deals ahead!
Matthew Allen and Stephen Wilson of Add Living call the Government to pursue long term policies and not be driven by short term political expediency. The perennial shortage of new homes in the Capital has now collided with a sharp increase in government regulation, a tripling of mortgage rates and increasing demand, to create the […]
Addington Capital, the property investment and asset management specialist and its joint venture partners have sold 1-27 Station Parade Elm Park, Hornchurch, East London to Property Development Solutions Europe for £12 million. Elm Park is a mixed-use scheme comprising 20 retail units, anchored by a 7,000 sq ft Co-op store, and 31 residential units. The […]
Global consultancy firm joins other blue-chip names in boost to landmark office building Addington Capital, the property investment and asset management specialist has let the fifth floor of 10 Fleet Place, London EC4 to Simon Kutcher & Partners, the global strategy consultancy firm. Simon Kucher UK is taking a total of 19,890 sq. ft., which […]
Addington Capital, the property investment and asset management specialist has recruited Saul Shah as an investment real estate analyst focusing on acquisitions. Saul joins Addington from EY Real Estate where he was a corporate finance analyst on numerous equity fundraisings for clients’ new commercial and residential real estate platforms. He also helped the team’s PBSA/Build […]
Addington Capital, the property investment and asset management specialist has sold 109-117 High Street, Cheltenham, a mixed-use retail and offices property, to Picton (UK) REIT (SPV) Limited for £5.3 million. The property is owned by a joint venture managed by Addington. The JV acquired the property in 2015 as part of the Retail Plus General […]
Heitman LLC (“Heitman”), a global real estate investment management firm, and its operating partner Addington Capital, the specialist UK investment and property asset management business, announced today the acquisition of two contiguous, freehold residential blocks in the West End of London. The Marylebone-located 61-130 Miles Buildings, London NW1 were acquired in connection with Heitman’s global […]
Addington Capital, the investment, and asset management specialist has added two new members to the team. Edgar Simmons has joined as an Associate Partner and investment real estate analyst focusing on acquisitions across the offices and retail sector and Jonathan Thorp has joined as an asset manager focusing on office, retail and residential assets within […]
A joint venture between funds managed by Europa Capital and Addington Capital, the property and investment asset management specialist has sold the Elbow Rooms, 64-68 Call Lane, Leeds for circa £4.00 million. The building, which was once one of Leeds’s most popular nightclubs, has been sold to the private investment vehicle of a high-net-worth investor. […]
Europa Capital, the pan-European real estate investment manager together with joint venture partner Addington Capital have sold the Lancelot portfolio, a portfolio of 29 residential properties let on statutory tenancies and located predominantly in London and the South East, to Mountview Estates Plc for £10.6 million. The properties comprise 17 houses and 12 flats all […]
Addington Capital, the property investment and asset management specialist has let the seventh floor and part of the eighth floor of 10 Fleet Place, London EC4 to Hogan Lovells International LLP, the top ten global law firm. Hogan Lovells is taking a total of 33,112 sq. ft which comprises of 19,858 sq. ft, the whole […]
