News

Howard Property Investments acquires RBS building

June 2010  

Howard Property Investments, the largest division of the Howard Group of Companies, has acquired the RBS building in Silbury Boulevard, Central Milton Keynes.  

The transaction is part of the Group's five year strategic plan launched in January this year, which focuses on the repositioning of the company's existing £100m property portfolio.  

The building, purchased for £3.2m from Blackrock Land (Silbury) Ltd, houses RBS corporate, commercial and Lombard businesses and private bank Coutts. It is the first acquisition for Howard ...

INVESTMENT SALE KICKS OFF HOWARD FIVE YEAR PLAN

February 2010

Howard Property Investments, the largest division of the Howard Group of Companies, has sold a portfolio of three industrial estates. This transaction heralds the start of its new five year strategic plan which focuses on repositioning the Group's existing £100m portfolio.

The three multi-let industrial estates, which lie outside of the Group's core locations, are Glenholme Park, Newark, Gateshead Close, Sandy and Wharf Street in Warwick. The proceeds from the portfolio will generate £4.3m of funds for future investment. The estates were sold to Leonardo Property Fund.

 Michael ...

A NEW STRATEGY FOR GROWTH

January 2010

The Property Investment Group is the largest member of the Howard Group of Companies. A new five year strategic plan has recently been completed focusing on growing this element of the business.

Michael Summers is the Group's Investment Director and outlines some of the key features of the new strategy. Michael has some 25 years experience in the commercial property world. Before joining the Howard Group in 2003, Michael worked for Peer Group Plc in London and before that, Taylor Woodrow.  

Michael comments; "The core objective for our investment group is to ...

ELIZABETH & JUNO LETTINGS THRIVING

October 2009

A flexible approach, a willingness to negotiate and an eagerness to complete deals are key factors why Elizabeth & Juno Way Industrial Estates on Surrey Canal Road, Lewisham continue to thrive in an uncertain lettings market. That's the view of Simon Messervy, Property Services Director at Howard Property Investments who have owned the estates for the past 9 years.

"We are finding units on the estates are attracting interest from a wide range of companies", says Messervy. "Rents are competitive for the area and are attractive ...

TWO NEW LETTINGS AT ST JOHNS RETAIL PARK

May 2009

The Howard Property Group who owns St Johns Retail Park in Bedford have reported the completion of two new leases on the site.

The retail park is home to Howard House, a landmark purpose-built building, which was originally constructed as the Group's headquarters. The high quality designed building consists of 4 floors and is also occupied by the Environment Agency.

A division of BskyB , Sky In House Service, have taken a new lease on the top floor totalling 1,959 sq ft net internal area which includes a large rooftop balcony area. BskyB have signed a 10 year deal which includes 10 ...

PLANNING GRANTED ON ST JOHN'S RETAIL PARK

February 2009

Bedford town planners, at their February 16^th meeting, granted planning to widen usage on St John's Retail Park.  

The retail park is owned and managed by the Howard Group and houses major retail tenants Homebase, Halfords, PC World, Allied Carpets, Comet, Carpetright, Currys and Maplin.The site is also home to Howard House, a four storey 11,000 sq ft office headquarters building.    

Howard Property Group Director, Michael Summers, commented; "The improved planning consent will benefit the retail park significantly. We are now in a position to be able to ...

HPG ACQUIRES LLOYDS TSB BUILDING

January 2009

The Howard Property Group in Regent Street has acquired the Lloyds TSB Building in Gonville Place on Hyde Park Corner in the city.

The property, which was held in the joint Wrenbridge / Palmer Active Value Fund, was acquired for £6.7m. The building is located next to HPG's headquarters in Regent Street and backs onto Parker's Piece. There is secure parking to the rear of the premises. The deal also includes the freehold on four flats located at the rear of the premises and fronting Parker's Piece.

The distinctive Portland Roach stone clad building lies on one of the ...

BEDFORD OFFICES ON THE LETTINGS MARKET

March 2008

Howard Property Group (HPG) recently started marketing ground, first and second floor offices at Grove Place in Bedford, close to the town centre. Howards originally acquired and subsequently occupied the offices when their headquarters were located in Bedford.

The stylish offices are centrally located and will have up to 10 parking spaces available within a private courtyard. The building is modern and attractive in appearance and its proximity to the town centre is likely to appeal to a wide range of businesses. The suite of offices has its own separate entrance along ...

HPG SECURE NEW LETTINGS ON ST JOHN'S RETAIL PARK

March 2008

The Howard Property Group (HPG) has recently secured two new tenants on its St John's Retail Park in Bedford.

DIY chain Homebase, has completed the assignment of the former Focus premises, occupying Unit 1 on the retail park. Home Retail Group plc, the UK's leading home and general merchandise retailer who owns the Homebase brand, recently completed the purchase of 27 leasehold properties from Focus DIY. The purchase price was stated by the Company to have been £40m.

The St John's unit, which was included in the purchase, was transferred in December 2007. The store has been ...

PROPERTY SERVICES AGREE NEW LEASES

January 2008

Howard Property Services reports completion of new leases for two companies at Olympus House, Werrington Centre, near Peterborough.  

Existing tenants, Veterinary Business Development Ltd have expanded taking on an additional 718 sq ft and now occupy first floor offices totalling 3,150 sq ft.  

Simon Messervy, Property Manager at Howard Property Services, commented. "Veterinary Business Development has been tenants for a number of years and we are delighted to have ...

HOWARD SITE ACHIEVES HIGH VALUE

January 2008

The Howard Property Group have recently sold a site for redevelopment to Access Storage. The 2.33 acre site at Gunnells Wood Road, Stevenage, was sold for a sum in excess of £3million.The new owners plan to demolish and redevelop the site.  

The site has been owned by the Howard Group since the 1950's and contains a substantial 65,000 sq ft warehouse building which was originally a WW II 'blister' aircraft hanger which was purchased by the Company and erected on the site in the early 60's.  

The property is situated in a very ...