Nothing but negotiation

The Gap Partnership

Property investor in new office block acquisition

A property investment firm has completed a cash-only addition to its portfolio.

19 December 2012

Posted by Edel Quinn

Yorkshire-based property investment firm the Helmsley Group has made a new £2.2 million acquisition, adding to a portfolio of syndicated property worth £80 million.

The firm concluded business negotiations to buy up Edward Lloyd House, at Pride Park in Derby, the Business Desk reports.

Director of the firm Ian McAndrew said: "This opportunity has been fully syndicated and has proved an extremely popular investment with our clients who look for a steady return on their money."

He added that it was a purchase funded by cash rather than borrowing, a situation that could reassure investors in "these difficult economic times".

The office is currently occupied by Lloyds Register, which has just committed to a new 15-year lease on the property.

Other recent commercial property acquisitions include that of the commercial assets of the Cube building in Birmingham by EPISO 3 fund.

Although the figure was not stated, the buyer had to pay a high price for the assets, according to Jonothan Holmes, director of investment at sales agent Savills.

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more

July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more

April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more

February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more

December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more