Press Releases
- 2012
- Moorfield Set to Revitalise Shefield\'s Velocity Village - 12 Apr 2012
- Moorfield and Hines looking to the future with continued investment in Brindleyplace - 6 Apr 2012
- Acquisition of the UK Logistics Fund - 1 Feb 2012
- Moorfield complete on former Print Works site in Exeter to build 487 bed student accommodation scheme - 20 Jan 2012
- Moorfield acquires Salisbury House, Finsbury Circus, EC2 - 20 Jan 2012
- Brindleyplace continues to invest in its facilities through new car park contract - 9 Jan 2012
- Moorfield Acquires Salisbury House, Finsbury Circus EC2 - 6 Jan 2012
- 2011
- Moorfield and Segro announce the acquisition of the UK Logistics Fund - 19 Dec 2011
- Moorfield acquires The Towers, Didsbury from Wereldhave - 18 Nov 2011
- Skypark one year on – With new lettings and lease renewals totalling over 146,000sq ft and the first phase of the multi-million pound refurbishment underway – Skypark is a hive of activity - 10 Nov 2011
- Top UK businesses choose West Riding House - 7 Oct 2011
- Moorfield announces £35m acquisition of Primark Distribution Centre - 29 Sep 2011
- Moorfield exits The Capital Pub Company Plc - 26 Sep 2011
- Debenhams to anchor Cornmill extension - 29 Jul 2011
- Newly refurbished office space released to market at Four Brindleyplace - 30 Jun 2011
- Moorfield and Safeland move in on hostel market - 19 Apr 2011
- Moorfield launch the White Knight Partnership - 6 Apr 2011
- The Glasgow School of Art sculpts its future at Skypark - 30 Mar 2011
- Moorfield secures iconic West Riding House in Leeds - 9 Feb 2011
- 2010
- Moorfield sell Mallard House to National Instruments at Newbury Business Park - 30 Dec 2010
- Moorfield buys in Darlington to allow for the Cornmill Shopping Centre expansion - 4 Oct 2010
- Grainger and Moorfield announce formation of Sovereign Reversions Equity Release Joint Venture - 23 Aug 2010
- Moorfield venture further into Yorkshire and Humber with Holbeck Land - 28 Jul 2010
- Brindleyplace acquisition completed by Hines Global REIT and Moorfield - 23 Jul 2010
- Moorfield and Hines Global REIT invest in Brindleyplace, UK - 1 Jul 2010
- Next Step for Cornmill Shopping Centre - 26 Jan 2010
- Moorfield and PAG launch north west property JV - 15 Jan 2010
- 2009
- Audley acquires Wiltshire’s White Horse Care Agency - 23 Jun 2009
- The Ridings celebrates completion of multi million pound refurbishment works - 13 Feb 2009
- Moorfield announces £30m sale and leaseback deal with Mitchells & Butlers - 7 Feb 2009
- Moorfield, Plus Shops and KLM to launch new retail venture - 27 Jan 2009
- 2008
- 2007
- New dock facility for Westway as commercial traffic returns to river cart - 10 Sep 2007
- Cornmill Shopping Centre Extended in £8.4m Deal - 25 Jun 2007
- Moorfield Real Estate Fund awards hotel contract to Accor - 20 Mar 2007
- Second Moorfield fund closes with £1. 6 bn of buying power - 8 Feb 2007
- Moorfield Real Estate Fund acquires 24 Macdonald hotels - 26 Jan 2007
- MREF Buys Cornmill Shopping Centre, Darlington - 5 Jan 2007
Skypark one year on – With new lettings and lease renewals totalling over 146,000sq ft and the first phase of the multi-million pound refurbishment underway – Skypark is a hive of activity
Following the acquisition of Skypark in Glasgow last year, Moorfield Group and joint venture partner Resonance Capital, have announced new lettings and lease renewals totalling 146,000 sq ft, marking an incredibly successful start to their asset management programme.
Since the purchase in November 2010, Skypark has become home to an additional five companies totalling 80,000 sq ft, including the Glasgow School of Art and leading CRM business solutions specialist, Concentrix. In addition, the Hub, Skypark’s serviced office accommodation is now fully let with the remainder of the 7,000 sq ft occupied by Hannah Reed, Keepmoat and Pointer, having only been 20% let on acquisition.
This month also sees work start on site for the remodel of the entrance ramp and arrival area, with the first phase set for completion in January 2012. This marks the start of the multi-million pound major refurbishment which also includes developing new retail facilities, repositioning the main entrance, upgrading the reception welcome area, lift lobbies and upper floors.
Angela Higgins, director of Resonance Capital said “The activity at Skypark does not stop, the estate is simply buzzing and the demand from occupiers has been consistent. In our first year of ownership we have let over 80,000 sq ft and rapidly made a significant reduction in void space - down from 20% to 14%. We have also renewed and regeared 66,780 sq ft of expiring leases, and have terms out on a further16,500 sq ft, with additional regear discussions underway.”
But this is only part of the story: A major driver of the site’s success is the development of onsite customer services and building a business community for tenants to take part and enjoy. Mark Holmes of Moorfield said: “A fully trained hotel concierge is based at reception and offers a wide range of services to establish Scotland’s first ‘business hotel’ concept including hotel bookings, restaurant recommendations, taxis, reprographics, flower delivery to name a few. We are also launching a Skypark Loyalty Card where tenants will be able to take advantage of a range of discounts in and around Glasgow. Other Skypark tenant services include a City Car Club, a trade fair; allowing businesses to cross sell, while dry cleaning, cobbler and alteration services and massage taster sessions are available. Monthly site socials with live music, pop-up shops, food & drink; wine club, fitness classes and summer and Christmas events are well established. Our vision is to make Skypark the best place to work in Scotland and with a successful 12 months under our belt and major refurbishment underway, we are confident we can make this a reality.”
Ryden and Jones Lang La Salle are property agents for Skypark.
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