Situated some four miles north west of Bedford, Highfield Parc offers three blocks of steel-frame units with brick and blockwork lower elevations in a modem landscaped business park environment. Online Property Valuation is the structure for performing change of properties sensible to goodness title starting with one individual then onto the running as a safely joined unit with and this entire sensible and complex theory is performed by master property valuer who are all around called settlement heads.
With a combination of industrial space and office accommodation, the units come in two standard sizes of 279 sq m (3,003 sq ft) and 324 sq m (3,488 sq ft) and are designed to be occupied individually or in combination to provide up to 1,116 sq m (12,012 sq ft). Highfield Parc is just one-third of a mile from the A6 north/south trunk road, and will have direct access to the forthcoming Clapham by-pass, approved and due to be constructed during the next three years.
Highfield Parc is the only new development of business units in the local area for some years so this is great news for North Bedfordshire commented Andrew Clarke of agents Douglas Duff. Work on site is to start shortly, and the units should be completed for occupation by next summer. Baring, Houston & Saunders (B,H&S) the property advisory arm of the ING Group, has announced that it has invested 10 million in Eagle Wharf to be developed by its partner on the fund, London Town. This is the first acquisition by the B,H&S Residential Fund a recently launched property unit trust aimed at giving institutional investors the opportunity to invest in UK residential properties.
The fund will acquire 24 flats, which on completion, will be rented out and managed by London Town, the AIM-listed residential property fund manager and developer. It is anticipated that the flats, when complete, will have a value of approximately 13.8 million based on net current valuation. Nick Cooper, Director responsible for Investment Funds at Baring, Houston & Saunders, said: As one of the first residential funds to be successfully launched, this acquisition demonstrates that we intend to exploit our relationship with London Town to the full by both developing and acquiring standing investments with refurbishment potential in order to achieve added value for the Fund.
I believe that the Eagle Wharf acquisition will prove to be an excellent investment for the Fund, providing impressive returns for its investors. The B,H&S Residential Property Fund has already received a commitment of 11 million from existing pension fund clients and will invest initially in the London residential market, aiming to raise up to 100 million by the end of the Fund’s life. DTZ Financial Services Limited are launching an industrial property investment fund on behalf of Gazeley.