UK Commercial buys Sheffield office from Ediston

UK Commercial buys Sheffield office from Ediston - UK Commercial Property Trust has acquired a single let, Grade A office building in Sheffield, from Ediston Property Investment Company for GBP20,165,000, reflecting a net initial yield of 5%. The asset is let to Capita Business Services Limited, which is part of Capita ...

Custodian REIT buys Next distribution unit

Custodian REIT buys Next distribution unit - the company has acquired a 69,922 sq ft distribution unit on Eurocentral, Scotland's leading mixed-use business park on the M8 arterial route between Glasgow and Edinburgh.  Nearby occupiers include DHL, Warburtons, Argos, Wincanton, Norbert Dentressangle and Morrisons. The unit is let to Next ...

World’s longest aircraft takes to the skies

The world's longest aircraft, dubbed the "flying bum", took the skies yesterday for a surprise test flight. Hundreds of people gathered to watch the 20-tonne Airlander 10 perform aerial manoeuvres in a four-hour flight. The 92m-long part-airship part-aeroplane was badly damaged when it nosedived during a test flight on 24 ...

Hg Capital sells Zitcom

Hg Capital sells Zitcom for £8.8m. HgCapital, the Manager of HgCapital Trust, has announced that it has sold Zitcom, a leading Danish hosting and cloud solutions provider operating in the SME segment, to Intelligent, a Belgian headquartered provider of hosting services. The terms of this transaction were not disclosed. The ...

Why Toronto could inevitably dominate Fintech

A strong technology sector, resilient financial system, fantastic talent pool and low business costs put Toronto on the global fintech map. Not only does Toronto boast housing the headquarters of major Canadian banks, but it also lays claim to 3 of the top 60 global pension funds and 7 of ...

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