In the UK, Invesco purchased the “Uberior House and Princess Exchange”, a centrally located shared office property, which comprises of 158,500 sq ft of ‘Grade A’ deskspace spread over five upper floors. The property is in the heart of the city of Edinburgh, and has basement car parking facilities for 175 vehicles. A health clinic and a bank are located on the ground floor. The deal has been finalized at a reported value of 65 million, or about £55.7 million.

The Bank of Scotland holds the lease on the property and has a good 16 years to run in the building. Moreover, the fact that the building is situated in The Exchange, Edinburgh’s prime business location, makes it an attractive purchase. Edinburgh is the second largest financial centre in the UK, second to only London in terms of size of retail assets. It ranks fifth in Europe on the same parameters.

In France, BVK is investing approximately 10.5m to expand its capacities in its currently owned Boigny sur Bionne property near Orleans, about 130 km from Paris. This project will add about 20,000 sqm to the existing 43,000 sqm, which is to be leased to the current tenants of the property, ND Logistics. This lease will run for nine years and will begin once the work is completed.

Bettina Knirsch, the Fund Manager for BVK, said that the addition of 620 sqm of storage with a capability of 8 tonnes per sqm, plus the 20,000 sqm of refrigerated storage space, would contribute greatly to the value of the property. A rail link connection from the complex to the nearest lines has also been established.

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Leaflet distribution lets you to establish specific response from directed groups of customers. It’s a particularly
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