News & Insights

4 Furzeground Way, Stockley Park, Heathrow has been acquired by Sireo Immobilienfonds for £20.6 million reflecting a net initial yield of 6% from clients of Orchard Street Investment Management. 4 Furzeground Way, Stockley Park is currently let to Motorola Ltd and is Sharp Electronics (UK) Ltd UK He…

Hines acquire prime midtown block for redevelopment. Global developer Hines has acquired a circa 70,000 sq ft office block in High Holborn London WC1, with plans to redevelop and create a state-of-the-art commercial space. The building, Chichester House at 278 High Holborn, is a 1960s office and ret…

The Spectrum Building is a recently refurbished modern office building at the junction of Blythswood St and Waterloo St in a rapidly improving part of the Central Business District of Glasgow. The building has 65,000 sq ft of offices, and 7,000 sq ft of retail accommodation at ground floor level. Th…

4 Roundwood Avenue, situated on the Thames Valley’s premier business park has been sold for £58.5m to CBRE Investors. The 125,000 ft2 Grade A office building was sold by Orchard Street Investment Management on behalf of a UK pension fund client for a net initial yield of 5.4%. The property is the UK…

The Crown Estate announces appointment of a new Board Member and re-appointment of Dinah Nichols. Chris Bartram, Chairman of Orchard Street Investment Management, has been appointed as a member of The Crown Estate Board; it was announced today, Tuesday, 5 December, 2006. Chris Bartram will be a non-…

Equity investor and asset manager Northridge Capital have sold Gretna Gateway Outlet Village to Orchard Street Investment Management LLP for £40 million. Orchard Street has acquired the property for a major investor client as part of it's £1,000m UK portfolio. The price represents a net initial yiel…

Hammerson plc has sold its leasehold interest in 83-85 Pall Mall, London SW1, to a UK pension fund client of Orchard Street Investment Management LLP for a net consideration of £36.7 million. The sale price reflects a premium to book value of £8.3 million. The building, held on a long lease from the…

Work starts on £20m refurbishment of Cascades Shopping Centre, Portsmouth. The New Year saw the long-awaited £20m refurbishment of the ground and lower ground floors of Cascades Shopping Centre, Portsmouth commence smoothly and to plan. The partial redevelopment focuses on the part of the Centre aro…

Damolly Retail Park situated on the Newry by-pass has been acquired recently for £34.76 million by Osborne King and Savills plc on behalf of client, SVM Properties in the largest Northern Irish investment deal this year to date. The 150,000 sq ft premises were sold by London-based Orchard Street Inv…