IM Properties

News

December 2007: Acquisition: Hams Hall Distribution Units

Two new units totalling 198,400 sq ft at Hams Hall were acquired by I.M. Properties in December 2007.

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December 2007: Disposal: French Residential Complex

A residential complex of 377 apartments located to the east of Paris near Euro Disney has been sold by I.M. Properties for € 23.6 million.

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December 2007: Acquisition: Rugby Distribution Unit

I.M. Properties have acquired a distribution unit on Swift Park, Rugby. The unit is occupied by H&K Equipment Ltd and was purchased for £2.7 million.

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December 2007: Acquistion: I.M. Properties' first deal in USA

December 2007 saw the purchase of I.M. Properties’ first property in America. The 110,000 sq ft retail warehouse occupied by Best Buy is located in Newport News, Virginia. The purchase price was $21 million.

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November 2007: Acquisition: Stoke-on-Trent Offices

I.M. Properties have completed the purchase of a 17,556 sq ft office building in the heart of Festival Park, Stoke-on-Trent.

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November 2007: Acquisition: Doncaster Distribution Unit

I.M. Properties have recently acquired a 152,000 sq ft distribution unit in Kirk Sandal, Doncaster. The unit was purchased for £7.95 million from Polypipe Building Products Ltd who have entered into a new 15 year lease.

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September 2007: Multi Million Pound Speculative Development at Birch Coppice

A huge distribution unit covering an area of almost seven football pitches under construction at Birch Coppice Business Park takes the built environment of phase one to over 1.8 million sq ft (167,220 m2) with only three development plots remaining available.

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September 2007: Osprey House available for occupation

The development of 25,250 sq ft (2,345 m2) Grade A Offices at Pegasus Business Park near East Midlands Airport has completed.

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September 2007: Development: New Unit available at Birch Coppice

A brand new 55,000 sq ft building is now available for occupation at Birch Coppice Business Park.

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September 2007: Disposal: Wimbledon Offices

Two office buildings have recently been sold by I.M. Properties in Wimbledon. The offices, totaling 18,000 sq ft, were sold for £8.95 million.

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August 2007: Acquisition: Leeds Offices

I.M. Properties have acquired a 28,000 sq ft office building for £6.7 million. Vanguard House is situated in a prominent location at the entrance to Leeds City centre.

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July 2007: Development: Work commences on new unit at Birch Coppice

I.M. Properties have commenced work on a new 256,000 sq ft warehouse facility at Birch Coppice Business Park.

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June 2007: Acquisition: Swindon Logistics

I.M. Properties have recently acquired a logistics shed in Swindon. The 302,000 sq ft unit is let to Morrisons and the purchase price was £24 million.

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