Development

A late 1960s building, with a lease expiry in 2033, located on a site that offers much potential, from an existing use and repurposing position.

Acquired on behalf of PGIM Real Estate (UK) Limited in 2023.

The Acquisition of three retail units with upper parts, subject to short term income.

The first bespoke, leased hotel on Princes Street for over 50 years.

Many a discussion at the time on the relative yield merits of the original retailer (New Look) and hotel components.

A close working relationship between architect, planners and the Deramore Property Group delivered this stunning development.

Strategic redevelopment of 64 acre site, leading the design team, procuring and funding a new 200,000 sq ft production facility. Planning permission delivered for retail park. Sale of retail park development site.

A pleasure to act on behalf of OKI.

Acquisition of eight acre development site on behalf of Bidfood to facilitate the development of 90,800 sq ft distribution unit.

Forward funding of the asset.

Acquired for hotel redevelopment purposes on behalf of Cliveden Group, before city centre hotel development was a ‘thing’.

Planning consent secured for a lavish 64 bed hotel, prior to an excambion resulted in a change of direction, with Scottish and Newcastle taking a lease of a refurbished office.

Full circle in 2023 after the office lease expiry, Dalata Hotel Group acquired to deliver the change of use originally secured following the acquisition of the asset from Scottish Equitable.

Sometimes it is better to take development profit through market movement and asset management than risk exposure to the development process. This office building was acquired subject to fragmented tenancies.

Securing vacant possession and selling as a prime development site was a profitable exercise for the Deramore Property Group.