Below are a selection of Kimmre's deals showcasing the team's recent successes on behalf of our clients.
40 bed Travelodge hotel with 21.5 years unexpired and uncapped RPI reviews
Client:
IM Properties
Purchaser:
Private
Vendor:
IM Properties
Price:
£2.75m - 6.45% NIY
Acquisition of a prime reversionary London Industrial Estate adjacent to the A406 and fully let to four tenants.
Client:
M&G
Purchaser:
M&G
Vendor:
Orchard Street IM
Price:
£23.18m
Reversionary freehold South East multi-let urban logistics park, benefitting from excellent access to the Midlands and South East markets.
Client:
Abrdn
Purchaser:
Mileway
Vendor:
Price:
c. £38.00m - 5.70% NIY
A portfolio of 4 Supermarkets let to one of the main retailers, but to remain unnamed, located across the UK
Client:
Confidential
Purchaser:
Vendor:
M&G
Price:
Between £100 and £200m
41,122sq ft office and retail property with future redevelopment potential in Brighton city centre.
Client:
Columbia Threadneedle Investments
Purchaser:
Vendor:
Columbia Threadneedle Investments
Price:
£14.00m - 8.45% NIY - £340psf
Off market 1.15m sq ft logistics development portfolio at EMDC, Castle Donington and Dove Valley Park, Derby in a JV with Clowes Developments, doubling the size of their existing platform.
Client:
Hines
Purchaser:
Hines
Vendor:
Clowes Development
Price:
Confidential
32 bed hotel let to Travelodge Hotels Ltd. 20 years unexpired and subject to uncapped RPI reviews
Client:
IM Properties
Purchaser:
Private Investor
Vendor:
Price:
£2.10m - 5.75% NIY
Income strip structuring of Alton Towers and Thorpe Park theme parks - operated by Merlin.
Client:
M&G
Purchaser:
Vendor:
LXi REIT
Price:
£257m
2.92 acres of last mile distribution land currently being used as open storage.
Client:
CBRE IM
Purchaser:
Wrenbridge / Fiera
Vendor:
Price:
Confidential
Prime long income open RPI linked Golden Triangle logistics investment.
Client:
OLIM
Purchaser:
RailPEN
Vendor:
Price:
c. £98.00m
31,375sq ft office located in Welwyn Garden City.
Client:
Private Investor
Purchaser:
Vendor:
Praxis Real Estate
Price:
£7.10m - 8.00% NIY - £228 psf
Prime 15 year forward funding best in class last mile e-logistics opportunity
Client:
Kingsbridge / Bridges
Purchaser:
Confidential
Vendor:
Price:
c.£90.00m