DTZ Investors has said it completed on 15 deals totalling £300 mln (€396 mln) in the UK over the final quarte in 2015, with a further £80 mln under offer to be completed in January.
DTZ Investors has said it completed on 15 deals totalling £300 mln (€396 mln) in the UK over the final quarte in 2015, with a further £80 mln under offer to be completed in January.
Properties were transacted across a number of clients. Notable deals include the purchase of a portfolio of four industrial estates for £82.55 mln; Innovation Court, Birmingham, a 6,300 m2 mixed-use asset for £20.5 mln; a prime multi-let retail parade on Clumber Street, Nottingham at £21.2 mln; and the sale of a Homebase in Hendon for £32 mln.
Tony Brothwell, senior director at DTZ Investors commented, 'We are extremely pleased to have been able to satisfy our clients’ continuing demand for good quality investment properties, both in central London and in targeted dynamic regional markets. Despite the competitive investment environment we have succeeded in acquiring over £150 mln of industrial, office, restaurant and retail properties in December alone.'
DTZ Investors said it has transacted £2.9 bn over the past 4 years, growing funds under management to £5 bn in the UK alone. 'In spite of this transactional activity the house track record has been maintained, outperforming the IPD Universe by 160bps to Q3 2015, and 180 bps per annum over the last 20 years,' the company added.
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TOP INVESTORS
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PropertyEU is currently compiling its ranking of Top Investors based on transaction volume in 2015. The ranking is based on a survey questionnaire sent to investors and reports such as above by investors on real estate acquisitions and disposal volumes.
Haven’t received a survey request? Please send information on total investment and disposal volumes, plus a list with details of top deals, to Deals Editor Cormac Mac Ruairi at research@propertyeu.info
The ranking is published in March 2016.
