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Tag Archives: Knight Frank

Knight Frank’s James Roberts responds to Autumn Statement

The Autumn statement from the Chancellor of the Exchequer was high on electioneering, but from a commercial property perspective was low on content. Reform of residential Stamp Duty to take a progressive form is not to be applied to commercial property – probably because the Chancellor cannot afford that change. As expected there was some […]

Another appointment for KF European valuations team

Knight Frank have secured the appointment of James Burgess to the European Valuations team as a senior valuer. James joins from CBRE where he worked for their valuations and advisory team in the Budapest office, and has experience with the Romanian and Polish markets. In his new role, James will bring within him extensive CEE […]

Standard Life Investments sells city centre office buildings to AEW

Freshford House and WCA House on Redcliffe Way in Bristol have been sold by UK Commercial Property Trust c/o Ignis Asset Management (a Standard Life Investments Company) to AEW UK Core Property Fund. The property comprises approximately 32,000 sq ft and is let to The Secretary of State for Communities and Local Government, trading as […]

KF acquire prime Oxford Street retail investment for Hong Kong buyer

Knight Frank West End capital markets team have acquired the freehold interest of 181-183 Oxford Street for £35 million, on behalf of Hong Kong investor Emperor International Holdings Ltd, at a net initial yield of 2.64%, from a private client of Cew Capital LLP. The 11,920 sq ft property is arranged over lower ground, ground […]

Offices sold in Penarth Marina

Acting on behalf of the Joint Administrators of KMS Components Limited, DTZ have successfully sold KMS House, located at Terra Nova, Penarth Marina. The property has been vacant since January 2014 and comprises a modern detached two storey office business unit totalling some 18,131 sq.ft (1,684 sq.m) Chris Terry, Associate Director at DTZ who represented […]

Knight Frank appointed to sell 43, Brook Green, W6

On behalf of IVG, Knight Frank West End capital markets team has been appointed to sell the freehold interest of 43, Brook Green, W6 at a guide price of £51.3 million, reflecting an initial net yield of 5.25%. The 85,672 sq ft modern office accommodation is arranged over ground and five upper floors, together with […]

Raft of new retailers drives London rents to record highs

The Central London retail market shows no signs of slowing, with a raft of new domestic and international retailers recently taking space and more expected to do so in the coming months. Rents are still under pressure in both prime and secondary locations, with competition for prime space leading to strong demand for locations previously […]

Knight Frank promotes Mark Sutton to Partner in Cardiff

The Cardiff office of Knight Frank has promoted Mark Sutton to Partner in the office agency and development team. He joined Knight Frank as an associate in 2010 from BNP Paribas Real Estate in Cardiff. Matt Phillips, head of the Knight Frank office in Cardiff, said: “Mark’s promotion is thoroughly deserved and I am absolutely […]

Speed of letting increases for new City schemes

The time taken to let new and refurbished buildings in the City has fallen dramatically over the last 24 months. New research by Knight Frank has found that almost half of all schemes built in the last two years have achieved 85% occupancy within 12 months of completion.  This is a significant increase from the […]

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