Airedale House is a mixed-use retail and office building in Leeds city centre Since buying the building in 2013, Bridges has completed an environmentally-led refurbishment and boosted occupancy substantially The property has been acquired by GM Legato Property, an investment company set up by Yorkshire-based businessman Graham Goodwin The price reflects a net initial yield […]
Read moreThe Bridges Sustainable Property Fund completed the sale of Airedale House – a mixed retail and office property in Leeds city centre – to GM Legato Property for £6.625m, reflecting a net initial yield of 8%. Under Bridges’ ownership, the property went through a substantial environmentally-led refurbishment, including the installation of solar photovoltaic panels on […]
Read moreBridges is redeveloping 6 East Parade, a previously vacant office building in Leeds city centre, in partnership with Evenacre. The refurbishment will see the installation of a variety of energy-efficiency measures, reducing the building’s carbon footprint as well as costs to tenants, most of which will be small to medium enterprises. 6EP will also support […]
Read moreThe Bridges Property Alternative Fund and joint venture partner HUB have received a resolution to grant planning permission for a redevelopment project in Wembley, London. The project will see what is currently a disused office block converted into two 21-and 26-storey towers. The building will contain a total of 239 homes for sale or rent; […]
Read moreMajor regeneration planned for site near Nottingham which comprises just under 50 acres of industrial and office space, including 20 acres of cleared land for development JV partners Bridges and Chancerygate intend to refurbish existing buildings and develop new commercial space, thus creating jobs and boosting economic dynamism in the local area The site was […]
Read moreSimon Ringer, Partner and Head of the Bridges Property Funds, discusses how refurbishing SME office space to incorporate environmental features can be good for the planet, good for tenants – and good for investor returns. Read the full article here.
Read moreBridges Ventures and joint venture partner Evenacre won a prestigious award for their redevelopment of the office building at 158/170 Edmund Street in Birmingham. The scheme was named ‘Best Refurbished/Recycled Workplace’ in the Midlands and East Anglia section of the British Council Offices’ annual awards, which are designed to recognise top-quality design, innovation and functionality […]
Read moreProperty Alternatives Fund III closed ahead of target thanks to strong demand from U.S. and European investors Highlights the growing interest in sustainable and impact-driven property investment Bridges’ third property fund, and the largest vehicle the firm has raised for any strategy to date Bridges Ventures (‘Bridges’), the specialist sustainable and impact investor, today announces […]
Read moreThe homes, which are already let to Barchester Healthcare, provide quality accommodation for elderly, often high-acuity, patients They were developed with investment from Bridges Ventures’ Sustainable Property Fund and the CarePlaces Fund, a joint venture between Bridges and Castleoak Bridges has now successfully exited nine of its care home investments Property funds managed by Bridges […]
Read moreThe Bridges Property Alternatives Fund and Stoford, a leading commercial property company, have teamed up to acquire and develop the 18-acre Prime 10 site in the Wednesfield area of Wolverhampton, at a total estimated cost of circa £20m. Bridges and Stoford plan to transform the derelict site into a high-specification warehouse and logistics centre; it […]
Read more18-acre site in Wolverhampton has planning permission for over 400,000 sq. ft. of warehouse space The development will bring a site back into commercial use that has been unoccupied for more than ten years Significant local demand for warehouse space – with potential to create more than 400 permanent jobs in an under-served region of […]
Read moreBridges Sustainable Property Fund (the “Fund”) announces the sale of 158/170 Edmund Street, Birmingham to F&C UK Property Fund for £11.65m, reflecting a yield of 5.75%. The 30,000 sq. ft. office building was sold to F&C REIT Asset Management, who acted on behalf of F&C UK Property Fund. The property was acquired in 2012 in […]
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