Latest News

Insight sells £115m mixed portfolio

Estates Gazette 11.02.2006

Insight Investment, HBOS's asset management arm, has sold a £115m mixed portfolio at an initial yield of 6.3%.

The company sold the 11 office, industrial, retail and leisure properties with a total area of 615,000 sq ft to Propinvest Holdings.

Alan Tripp, head of group funds at Insight Investment's property arm, Insight Property, said “This sale sits well with our strategy to continue rationalisation of a large portfolio that has grown rapidly and position it for future growth.

“The entire sales process was concluded in just six weeks, highlighting a strong depth of demand for good quality assets.”

HP Four advised Propinvest.

back to latest news index...

back to top

Latest News:

Golfrate buys Southend offices
25.05.2007 Estates Gazette
Legal & General sells Cardiff retail park for 26m
17.05.2007 Estates Gazette
PropInvest goes shopping in Wolverhampton
14.04.2007 Estates Gazette
Cheval nabs Vue portfolio
10.03.2007 Estates Gazette
Scottish Widows splashes out on office portfolios
16.02.2007 Estates Gazette

latest news index...

HP Four
128 Wigmore Street,
T  +44 (0)20 3758 8260