Capital Markets misc

Capital Markets - SUCCESS STORIES


95 Wigmore Street, London, W1 
Acting on behalf of The Great Wigmore Partnership, the 50/50 Joint Venture between Great Portland Estates plc and Aberdeen Asset Management Colliers International has sold 95 Wigmore Street for a price of £222.4 million reflecting a net initial yield of 3.4% and a capital value of £2,209 per sq ft.  Colliers International Central London team were involved in site assembly over a 15 year period and introduced Great Portland Estates as a joint venture partner to gain planning consent for a 98,800 sq ft newly constructed office (83% by area) and retail building completed in 2013. The total contracted rental income is £8.1 million per annum and the current weighted unexpired lease term is approximately 10.5 years.

Deutsche Bahn
Deutsche Bahn’s HQ, Berlin
Colliers International acting for private-equity firm, Global Asset Capital has sold Stettiner Carree, near the Nordbahnhof train station in Berlin for €210m to Allianz Real Estate. The building constructed in 2004 has 61,500 sq m of space and is leased to German rail company Deutsche Bahn for 10 years.

‘We could not have asked for a better performance and you delivered on something where your competitors failed.’ David Anving, GA Capital

Ronesans Tower
Rönesans Tower, Istanbul, Turkey
Colliers International has assisted one of the global leading insurance companies, Allianz Turkey, on their acquisition of new HQ building in Istanbul for their own occupation. Allianz successfully completed its acquisition of an iconic 36 storey Rönesans Tower, an A Class office building in Kozyatağı, İstanbul.



Riviera shopping centre, Gdynia, Poland
Colliers International acting for Fonciere Euris has sold the Riviera shopping centre in Gdynia. The property represents the largest single asset Colliers has ever sold in Poland. The deal amounts to a total of €291 million, which may increase up to €300 million, depending on the centre's performance over the next three years. The 70,000 sq m mall is located close to the city centre in the Tricity region and comprises of 250 shops, including an Auchan hypermarket as well as a 1,200 seat cinema and 1,750 parking spaces.

The Centre & Almondvale West Retail Park, Livingston, Scotland UK

Colliers International acting on behalf of Land Securities Plc has sold the The Centre & Almondvale West Retail Park, Livingston, Scotland for £224 million to Hines & HSBC Alternative Investments (HAIL). The 100,000 sq m major regional shopping centre has anchors including M&S, Debenhams, Primark, Boots and Asda with an annual Footfall of 12.6 million shoppers.

Project Cayman
Colliers International acting on behalf of CA Immo has sold a logistics park portfolio to P3 for €200m. It included three logistics parks in Poland and Romania totalling 467,000sqm, as well as 165Ha of land for development. The Parks are known as Bucharest Logistics Park and Blonie Logistics Park in Poland and Piotrkow Logistics Park in Romania. CA Immo is one of the largest European publicly listed investors while P3 is backed by global equity fund TPG Capital and Ivanhoe Cambridge is its European logistics platform.