CLIENT – ABERDEEN ASSET MANAGEMENT PLC
Acting on behalf of the landlord we have obtained a rental increase on a 28 November 2012 review of the property occupied by Lush on the busy corner of Buchanan Street and Gordon Street in Glasgow City Centre.
Here is a selection of some of our latest transactions:
CLIENT – ABERDEEN ASSET MANAGEMENT PLC
Acting on behalf of the landlord we have obtained a rental increase on a 28 November 2012 review of the property occupied by Lush on the busy corner of Buchanan Street and Gordon Street in Glasgow City Centre.
Client: SPECSAVERS OPTICAL SUPERSTORES LTD.
Acting on behalf of Specsavers we have agreed the rent review of the above store effective from 3 November 2013 at nil increase in the previous rental of £35,000 p.a.
Client: SPECSAVERS OPTICAL SUPERSTORES LTD.
Deal: Tenant lease renewal agreed from 30 November 2013 on Specsavers’ branch premises at 201 High Street, Kirkcaldy. New flexible lease, incorporating a rent reduction of 50% from £43,500 p.a. to £21,750 p.a.
Client: IGNIS ASSET MANAGEMENT
Deal: Successful conclusion of 28 May 2012 rent review of FCUK premises at 68/70 George Street, Edinburgh for landlord. 21.5% rent increase from £285,000 p.a. to £346,650 p.a.
Client: AXA REAL ESTATE
Deal: Acting on behalf of AXA Real Estate we have obtained a successful settlement of the rent review of the 60,000 sq ft STV Studios at Pacific Quay, Glasgow effective from 29 March 2011.
Client: CBRE GLOBAL INVESTORS
Deal: Acting on behalf of CBRE Global Investores, we negotiated a favourable settlement of the rent review of Paperchase, 77a George Street, Edinburgh effective from 16 October 2011 at a new rent of £210,000 p.a. which represents a 17% increase.
Client: CADDER INVESTMENTS LTD.
Deal: Acting on behalf of a private landlord client we obtained a successful resolution of a rent review of the Lidl foodstore at Station Road, Cupar effective from 17 April 2011 resulting in a 20% increase over 5 years.
Client: ABERDEEN ASSET MANAGEMENT PLC
Deal: Secured ten year lease extension for landlord of premises occupied by HBOS at 138/140 High Street, Falkirk.
Client: LNC PROPERTIES/DTZ INVESTMENT MANAGEMENT
Deal: Successful resolution of rent review of the 166,000 sq ft House of Fraser Department Store effective from 10 November 2011, on the corner of Buchanan Street/Argyle Street, Glasgow. Resulting in a 45% increase over 5 years and producing the highest “High Street” department store rent in Scotland.
Client: IGNIS ASSET MANAGEMENT
Deal: Favourable settlement of rent review of Waterstone’s, 83 George Street, Edinburgh for landlord effective from 1 August 2011. Rent increased from £340,000 p.a. to £405,000 p.a. representing a 19% increase over 5 years.