31 August 2010 – CB Richard Ellis (Scotland) has announced the completion of a letting at 169 Sauchiehall Street, Glasgow on behalf of London-based property investment company, Winston Group.
London, 16 August 2010 – European retail real estate investment turnover totalled €15.7 billion in the first six months of 2010, a 15% increase on the €13.6 billion reported in H2 2009, according to the latest research from CB Richard Ellis (CBRE). Retail investment transactions accounted for 35% of the €45.1 billion transacted in the European commercial real estate market in H1 2010.
London/Los Angeles, 11 August 2010 – CB Richard Ellis Group, Inc. (NYSE: CBG) today announced that the following senior commercial real estate services professionals, mostly in production, have joined the company globally since May 2010.
CB Richard Ellis Secures Barratts for Sauchiehall Street, Glasgow
31 August 2010 – CB Richard Ellis (Scotland) has announced the completion of a letting at 169 Sauchiehall Street, Glasgow on behalf of London-based property investment company, Winston Group.
Barratts, the leading footwear retailer, has renewed its lease to occupy the entire unit, extending to 2,800sq ft over two floors, on a new ten year lease at a rental of £137,500 pa.
CBRE recently sold 169 Sauchiehall Street for £1.3m on behalf of Deloitte to Winston Group and was retained as the lettings agent for the property.
Kevin Sims, Retail Director, CB Richard Ellis (Scotland), commented: “This letting confirms continued demand for Sauchiehall Street for well positioned units at sustainable rental levels.”
CB Richard Ellis (Scotland) represented Winston Group; Barratts was unrepresented.
