News Archive

Media information, contact:
Ben Copithorne or Richard Pia
Camargue

Email: bcopithorne@camargue.uk / rpia@camargue.uk
Phone: + 44 207 636 7366

News Archive

Media information, contact:
Ben Copithorne or Richard Pia
Camargue

Email: bcopithorne@camargue.uk / rpia@camargue.uk
Phone: + 44 207 636 7366

News
November 30, 2018

Economic and Market Commentary Q3 – October 2018

Both Government sources and those from the EU claim that well over 90% of the work for Britain’s exit from the EU has been completed but everyone agrees that the…
Travis Perkins News
September 27, 2018

Cordatus Acquires Mercor Portfolio in £45M Deal for 33 Travis Perkins Trade Counter Sites

Cordatus Property Trust (“CPT”) has acquired the ‘Mercor Portfolio’ – a package of 33 individual trade counter units let on long leases to Travis Perkins
Cordatus Makes £4m Southampton Retail Investment News
September 26, 2018

Cordatus Makes £4m Southampton Retail Investment

Cordatus Property Trust (“CPT”) has acquired a prominent retail block in Southampton as it continues to deploy funds into growth-opportunity and income-generating assets in regional locations.
Cordatus GB Triathlon Team Gavin Munn News
September 14, 2018

GB Triathlon Team

Cordatus director Gavin Munn recently competed in the European Triathlon Championships in Estonia as part of the GB Age Group Team.
Will the UK High Street Ever Recover? News
August 18, 2018

Will the UK High Street Ever Recover?

The travails of the retail sector has been one of the most talked about features of the UK economy since the financial crash. Regular articles in the trade press and…
Economic and Market Commentary Q2 – July 2018 News
July 1, 2018

Economic and Market Commentary Q2 – July 2018

Perhaps it is just as well that the House of Commons is now in recess for the last few months have been as bad for the government as could be…
Cordatus Economic Market News
February 8, 2018

Economic and Market Commentary Q4 – 2017

It went right to the wire but finally the UK and the EU agreed the so-called divorce issues in December, allowing discussions to move on to what is likely to…
Cordatus Gosforth Travelodge News
January 25, 2018

Gosforth Travelodge Hotel in £4.7m Deal

The Cordatus Property Trust is a programmatic venture between CBRE Global Investment Partners (CBRE GIP) and Cordatus Real Estate (Cordatus). Cordatus purchased the hotel at Rotary Way, Gosforth, from Compass…
Cordatus Tewkesbury Hotel News
September 27, 2017

Cordatus Acquires Tewkesbury Hotel in £4.7m Deal

Cordatus Property Trust (“CPT”) has acquired a 71-bedroom Travelodge Hotel in Tewkesbury (Gloucestershire) in the latest addition for the fund.
Economic Market v3 Cordatus News
August 11, 2017

Economic and Market Commentary Q3 – 2017

It seems that the stances of Britain and the EU are still poles apart, and that is just on the matter of settling the UK's "divorce" payment. It appears that…
Cordatus Economic Market News
July 8, 2017

Economic and Market Commentary Q2 – 2017

When Prime Minister Theresa May called the snap general election, expectations then were for the Conservatives to greatly increase their parliamentary majority which in turn would strengthen the government’s negotiating…
News
May 9, 2017

Cordatus Economic and Market Commentary Q1 2017

Brexit news No sooner had Prime Minister Theresa May signed Article 50, which formally triggered the UK’s exit process from the EU than she called a snap general election for…
News
April 24, 2017

Estates Gazette – Gavin Munn Market Commentary

The Following article appeared in the Estates Gazette: Waiting for a Call An imbalance in perceived values of UK shopping centres by both buyers and sellers means that deals could…
News
April 13, 2017

Cordatus Property Trust Joins GRESB

Cordatus Property Trust has Joined GRESB, the Global Real Estate Organisation. GRESB is an investor-driven organization that is transforming the way environmental, social and governance (ESG) performance of real assets…
News
February 2, 2017

Economic and Market Commentary Paper Q4 2016

Brexit News So now we know! Eight months after the historic Brexit vote, the Government has at last shown its hand, indicating that Britain 'cannot possibly' remain within the European…
Cordatus Queens Square News
January 19, 2017

Cordatus Acquires the Impressive Queen Square House

Queen Square, Bristol is the latest acquisition for Cordatus Property Trust, a joint venture between Cordatus Real Estate and CBRE Global Investment Partners.
News
December 13, 2016

Cordatus Acquires £14.7m Shopping Centre in Northern Ireland

Cordatus Property Trust (“CPT”) has completed its latest acquisition as it continues to build a portfolio of diversified assets across the UK: a shopping centre at Lisnagelvin, Londonderry purchased from…
News
November 10, 2016

Cordatus Property Trust buys Colchester Retail

Cordatus Property Trust has bought a retail block in Colchester, Essex from Glanmore Property Company. The Cordatus Property Trust is a “programmatic venture” between CBRE Global Investment Partners (CBRE GIP)…
News
November 4, 2016

Economic and Market Commentary Paper Q3 2016

Three months after the historic vote by the British electorate to leave the EU, we are no nearer comprehending the full implications of the exit. So far, market reaction has…
News
August 17, 2016

Cordatus Buy Park View Shopping Centre

Bow Street Mall has sold the Park View shopping centre in Whitley Bay, Tyne and Wear to Cordatus Property Trust.
News
August 10, 2016

Economic and Market Commentary Paper Q2 2016

It will have escaped no one’s attention that the big event in the second quarter of 2016 was Britain’s referendum on its membership of the EU and the decision by…
News
May 27, 2016

Cordatus Announce further £15m of Acquisitions

Cordatus Real Estate announce a further £15m of Acquisitions for the Cordatus Property Trust. Cordatus Real Estate acquires two new assets in Bradford and Belfast.
News
May 6, 2016

Cordatus Real Estate has announced its’ latest acquisitions under the recently formed Cordatus Property Trust

Cordatus Real Estate acquires 45,660 sq. ft. at Newbridge Industrial Estate in Bristol and a further two prime retail units (totalling 13,685 sq ft) at 82-84 St Ann’s Road, Harrow.…
News
March 17, 2016

Cordatus Budget Response March 2016

The Budget was headlined by economic downgrades and by the proposed imposition of a sugar levy on soft drinks, but for the commercial property industry, it was the amendments to…
News
February 5, 2016

Cordatus buys key property in Glasgow

Cordatus Real Estate has bought 33 Bothwell Street in Glasgow city centre from Town Centre Securities for £6.98m, representing a net initial yield of 6.62%.
News
January 27, 2016

Economic and Market Commentary Paper Q1 2016

China remained uppermost in investors’ minds over the festive period. The effects of the continuing slowdown in the world’s second largest economy are resonating far beyond its shores, especially from…
News
December 14, 2015

Cordatus Announce new £150m Joint investment Venture

Cordatus Real Estate Announce Creation of new £150m Joint Investment Venture with CBRE GIP Press Release on behalf of Cordatus Real Estate and CBRE Global Investment Partners, London, 9 December…
News
December 14, 2015

Estates Gazette Press on Cordatus CBRE GIP Fund

CBRE Global Investment Partners and Cordatus have launched a £150m joint venture investment programme targeting smaller shops, offices and sheds.
News
November 9, 2015

Economic and Market Commentary Paper Q3 2015

Global focus over the summer switched away from Greece to a potentially greater threat to global financial stability - that of China's economic slowdown and transformation from one majored in…
News
October 8, 2015

Economic and Market Outlook Paper Q2 2015

Weakness in Q1, most notably in the US, but also in Japan, the UK and China, has prompted downgrades to full year forecasts for each of these nations, resulting in…
News
September 29, 2015

Rockspring Acquires Northern Ireland Mall with Cordatus as Asset Managers

Rockspring Property Investment Managers has acquired Fairhill Shopping Centre in Ballymena, Northern Ireland, for £44.6m, reflecting a yield of 8.6%.
News
September 28, 2015

Press Stories on Fairhill Shopping Centre

Cordatus selected as Asset Manager partner on Rockspring's latest acquisition.
News
June 8, 2015

Cordatus Convert Croydon Offices

Cordatus Plans to Convert Brutalist Croydon Offices The following news item appeared in Property Week on the 6th August 2015... Cordatus Real Estate is planning to turn one of the…
News
June 2, 2015

Economic and Property Outlook Paper Q1 2015

Global growth came in last year at 3.4%, the same as in the previous year, but rather than build on the improving trend seen in the first half of 2014,…
News
May 29, 2015

Oxford Boatyard Sale

Cordatus Completes Sale of Jericho Boatyard, Oxford The sale of this controversial 0.9 acre site in Jericho, central Oxford finally concluded at the end of April. Historically the site, previously owned by the…
News
May 5, 2015

Grantham Retail Park – Cordatus Acts on Prime Leisure Development

Cordatus Acts on Prime Sutton Coldfield Leisure Development Salmon Harvester Properties has acquired the freehold of a prime retail and leisure development opportunity in Sutton Coldfield from Administrators at PWC…
News
February 9, 2015

Grantham Retail Park – A New Era

On behalf of GE Real Estate, Cordatus has completed the signing of agreements for lease with DFS and the Range at Grantham Retail Park.
News
January 21, 2015

Cordatus Hits New Heights

Cordatus have kept a fast pace throughout 2014 and ended with a flurry of transactions in a busy final quarter.
News
January 15, 2015

Cordatus and Europa Flying High with Stockley Park Sale

Cordatus Real Estate and Europa Capital Flying High with Sale of Stockley Park Cordatus are delighted to announce that TIAA Henderson Real Estate, on behalf of the Henderson UK Property…
News
January 5, 2015

Cordatus Acquires Prestigious Moorgate Office

Cordatus Real Estate acquires 7 Moorgate Cordatus Real Estate Partners has acquired a long leasehold interest in Basildon House, 7 Moorgate, a core Grade A office building in the City…
News
December 31, 2014

No Bargains in Alloa

No Bargains in Alloa this Christmas!  Cordatus has advised GE UK Real Estate on the sale of a retail warehouse and development land at Alloa Retail Park, which completed just…
News
November 21, 2014

Super Deal in Eastbourne

Acting on behalf of GE UK Real Estate, the sale of the retail property at 116 Terminus Road Eastbourne was completed at a price that was 8% above book value.…
News
July 20, 2014

Strong Results on CPI

Westbrook Partners has recently acquired the whole loan secured on 3 regional shopping centres for a combined price of c£31m from a client of Cordatus and Firedog Moss, an entity…
News
July 1, 2014

Cordatus on Fast Track with £15m sale

Cordatus on the fast track with £15m sale of Stevenage Retail Park Cordatus Real Estate the UK asset and development management specialist, has completed its latest  investment sale with the…
News
February 10, 2014

Cordatus Makes the Grade with Mapeley Alpha Portfolio

Cordatus Makes the Grade with Mapeley Alpha Portfolio Cordatus Real Estate, the UK asset and development management specialist, has completed deals on 50% of Mapeley’s 20 site Alpha Portfolio, disposing…
News
January 6, 2014

Cordatus Buys Edinburgh Offices

A Fresh View for 2014 - Cordatus Has Moved! After 5 years in Walker Street, Cordatus Real Estate has moved into newly refurbished offices in Edinburgh. Our Scottish office is…
News
January 4, 2014

Happy New Year in Woking

Happy New Year, Goldsworth House, Woking Acting on behalf of GE Real Estate, Cordatus advised on the sale of Goldsworth House, a 16,500sq.ft. office property in Woking. As a very…
News
December 2, 2013

Pizza Hut Delivery

Sale of North End Road, Croydon Acting jointly with Jones Lang La Salle, we advised GE Capital Real Estate on the disposal of a unit in the prime retail pitch…
News
December 2, 2013

Telford Take two!

Telford Take Two! Hot on the heels of the sale of a 50,000sq.ft industrial unit in Telford, with the benefit of vacant possession, Cordatus Real Estate concluded the sale of…
News
October 23, 2013

Sale of Prime Development Site

Sale of Prime Development Site on London Road, Wellingborough Cordatus Real Estate acting on behalf of Fixed Charge Receivers, PWC, has advised on the sale of a prominent site on…
News
September 30, 2013

Sale of Huddersfield

Huddersfield Retail Park Huddersfield Retail Park has been sold on behalf of a workout client to Helical Bar for a price of £17.m. This park is an open A1, 6 unit…
News
September 30, 2013

Cordatus sells with GE Capital Real Estate

Demonstrating further capability in work-out work, we have supported GE Capital Real Estate with a strategic asset management service realising considerable value for the client from a number of UK…
News
September 15, 2013

Sale of Belvedere House, Basingstoke

Michael Cunningham, Cordatus Director and Andrew Murray, Cordatus Asset Manager have successfully brought to completion the sale of key asset Belvedere House in Basingstoke to AEW for a highly competitive…
News
August 13, 2013

Sale of 79 Dunfermline High Street

Cordatus Real Estate in conjunction with Eric Young & Co have acted successfully on behalf of GE Capital Real Estate to conclude the sale of 79/83 High Street, Dunfermline. The…
News
June 7, 2013

Merthyr Tydfil

Located on the Rhyd-y-car Business Park, Merthyr Tydfil this 64,832 sq ft office is occupied by Everything Everywhere on a new 15 year lease from July 2012.
News
May 21, 2013

Cordatus Sell Rivers House

Cordatus Sell Rivers House, Chelmsford On behalf of LPA Receivers Cordatus have brought to completion, the sale of Rivers House, Chelmsford to Wittington Investments (Developments) Ltd. The 30,870 sq ft…
News
May 1, 2013

2 Roundwood Avenue, Acquired for £18million

Two Roundwood Avenue Acquired for circa £18 million Cordatus Real Estate proudly announce their partnership with Europa Capital on  the purchase of Two Roundwood Avenue, Stockley Park. The office building was acquired…
News
April 29, 2013

Queens House, St Albans

Queens House, St Albans Well-located within St Albans, this office is let to the Crown Prosecution Service for a further 10 years.  As such it was deemed a dry investment…
News
April 14, 2013

Cordatus Outperform at Blackburn

Cordatus recently advised on the sale of a vacant 65,000sq.ft warehouse at Cunliffe Road, Blackburn which completed at a figure 240% above the December 2012 valuation and twice the book…
News
April 14, 2013

Cordatus Secure New Long Term Lease with Maplin

Neil Tweedie, Asset Manager at Cordatus has confirmed a new long term letting of a c5,600 sq ft retail warehouse - Alban Retail Park, Boston to rapidly expanding electronic specialists, Maplin Electronics Ltd.
News
March 28, 2013

Cordatus Sell Aragon Court, Peterborough

This 70,000 sq ft office located in the heart of Peterborough was majority let to the Identity and Passport Service on short term leases.  Having reviewed the opportunities for renewing…
News
March 25, 2013

Cordatus Have Sold Cefn Coed House, Parc Nantgarw

Cefn Coed House is located 7 miles to the north of Cardiff on Parc Nantgarw, a well established Business Park.  The 26,500 sq ft office is let until July 2015. …
News
March 21, 2013

Cordatus Appoint New Asset Manager

Cordatus Real Estate are delighted to announce the appointment of Douglas Gardiner as Asset Manager. Douglas joins from Mapeley and was previously a director at BNP Paribas Real Estate in…
News
February 26, 2013

Cordatus Sell in Sheffield

Sale of Aspect Court, Sheffield This city centre 57,000 sq ft multi-let office is largely  let to Sheffield Hallam University with an average weighted unexpired term of 4 years.  Having…
News
January 25, 2013

Droitwich Sale

Artillery House, Droitwich Sold Ahead of Projected Return. Artillery House is a self-contained office extending to 16,658 sq ft in the centre of Droitwich.
News
January 21, 2013

Sale of Cumberland Avenue, London

Cordatus Real Estate and Lindley Mortimer acting on behalf of GE Capital Real Estate have concluded the sale of the Bakkavor Industrial investment on Cumberland Avenue, Park Royal. We worked…
News
January 1, 2013

Sales Activity 2012

Cordatus Real Estate advised GE Capital Real Estate on 8 asset sales during 2012, totalling almost £22m in capital receipts. The disposals included industrial units in Park Royal, Blackburn, Coventry…
News
December 6, 2012

Tenant Retention at Belvedere House

Tenant Retention ‘Insures’ New Lettings at Belvedere House Acting on behalf of PWC, Cordatus Partners and Woodford & Co have successfully completed the letting to Amlin Corporate Services Ltd for…
News
December 4, 2012

Delta Point on Film

Delta Point, the 250,000 sqft Croydon office being asset managed by Cordatus, is rapidly becoming a film star. The building recently featured in “Batman –Dark Knight Rises” as Gotham City…
News
December 1, 2012

HBOS Banking on Walton Vale, Liverpool

HBOS Banking on Walton Vale, Liverpool Acting on behalf of GE Real Estate, Cordatus Partners and Mason Owen have successfully concluded a new lease to HBOS at Walton Vale, Liverpool.…
News
April 27, 2012

Cordatus and Kirkstone have merged

Real estate asset management specialists, Cordatus Partners and Kirkstone Real Estate are delighted to announce that they have merged to form Cordatus Real Estate. The combined company will have over…
News
March 21, 2012

Creative Thinking at the Brunel Centre, Crawley

Cordatus Partners with FTD Johns and DTZ have successfully concluded lettings at the above premises on behalf of GE Real Estate.
News
March 4, 2012

Sale of Kingfisher Court

The property comprises a two storey office pavilion of 14,300sq.ft on a business park to the north of Oxford and is let to the Thames Valley Police on a lease…
News
February 1, 2012

Cordatus 5th Anniversary

Cordatus celebrate their 5th Birthday on 2nd February 2012 and would like to thank all their clients for their support over the last 5 years.
News
January 2, 2012

Countdown to be Inspired

Countdown to Be Inspired Event at Belvedere House, Basingstoke Cordatus Partners are delighted to welcome ‘Be Inspired’ to Belvedere House who will be hosting a free regional event on Thursday…
News
December 10, 2011

Cordatus Moves Ahead in Basingstoke

Cordatus Partners and Baker Davidson Thomas have successfully concluded a new lease of the above premises on behalf of GE Real Estate.
News
November 17, 2011

Cordatus Thinks in the Abstract

A 170,000 sq ft speculative office development is to be built in Glasgow’s business district, after Abstract Securities exchanged contracts to buy 301-303 St Vincent Street out of administration last…
News
October 20, 2011

Booker Re-Gear

Cordatus Secure Booker Re-Gear Acting on behalf of GE Real Estate, Cordatus have successfully re-geared the lease of a 55,000 sqft warehouse unit in Swindon. The unit was let to…
News
September 30, 2011

Berkeley House, Godalming

On behalf of GE Capital Real Estate, Cordatus Partners and Capita Symonds have concluded the sale of the above property at a price of £1.74m, reflecting a 6.2% Initial Yield,…
News
September 30, 2011

Retail Park Sold in Camarthen

Advised by Cordatus Partners and Edgerley Simpson Howe, GE Capital Real Estate has disposed of the Aldi and Home Bargains at Pensarn Retail Park in Carmarthen to Palmer Capital for…
News
September 2, 2011

Dental Group fills Bolton HQ

Dental service provider Integrated Dental Holdings has agreed to occupy a 18,000 sq ft headquarters office building in Bolton, Greater Manchester.
News
August 31, 2011

Cordatus Advise on Watford Letting

Acting on behalf of GE Real Estate, Cordatus have secured a 8,500 sq ft letting at Radius House, Clarendon Road, Watford. This floor had recently been refurbished and a number…
News
April 28, 2011

York High Ousegate

Cordatus and JLL advised on the sale of 26-27 High Ousegate York,  let to Habitat UK Ltd. The property was sold in April 2011 at a price of £3.2m, reflecting…
News
March 23, 2011

Andrew Murray joins Cordatus

We are delighted to announce that Andrew Murray (not the tennis player!) joins Cordatus. Andrew’s main responsibilities will be asset managing properties across all client mandates.
News
January 10, 2011

London Office Opens

Cordatus Partners are pleased to announce that from 1 October 2011 they have opened a London office. The Company now has offices in both Edinburgh and London. 

7 Moorgate,
London

2 Roundwood Avenue,
Stockley Park