Asset Managers Drive Investment Market
Despite the economic downturn...more
Rockspring targets Staines and Leeds sites
Rockspring continues its advance on the regions this week...more
Planning consent for Huntercombe Park
An Exton Estates and SWIP joint venture has received planning consent for a 90,000 sq ft office development...more
LaSalle and Exton acquires 30 acre site in Manor Royal, Crawley
26.09.2011
LONDON 22 September 2011 – LaSalle Investment Management (‘LaSalle’)...more
Velocity Takes Off at Brooklands Weybridge
13.09.2011
Exton Estates, funded by Rockspring, have commenced construction on the striking new headquarters office development...more
Velocity Gains Speed at Brooklands Weybridge
25.05.11
Exton Estates, funded by Rockspring, have successfully received planning consent for a striking new headquarters office development...more
Velocity Gains Speed at Brooklands Weybridge
25.05.11
Exton Estates, funded by Rockspring, have successfully received planning consent for a striking new headquarters office development...more
Exton in institutional funding double
Property Week 14.01.11
Exton Estates has secured funding for two south-east office developments that total 200,000 sq ft, as institutions continue to show appetite for development in the region...more
Race off the Recession - Property week 03.04.09
Exton Estates founders Stuart Bedford and James Mawson are toughening up to distract themselves from the horrible markets....more
Hammerson picks Exton in Staines - Property week 06.02.09
Hammerson has selected Exton Estates as development manager on a 60,000 sq ft office scheme in Staines, Surrey...more
French victory for punters - Property week 26.07.08
A gruelling cross-Channel cycle ride has been followed by a hot denial.
After three days’ riding. The Property Punters team reached the Eiffel Tower...more
The Crunch Bunch - Property Week 23.05.08
Exton Estates director Stuart Bedford is less sanguine about the situation. ‘The credit crunch has definitely had an impact...more
Ain’t no mountain high enough - Property Week 05.10.07
They must be putting something in the water over at Exton Estates...more
Exton’s Essex Expansion - 05.10.07
Exton Estates has bought a site in Loughton, Essex, to develop a £50m data centre...more
Damian Hirst buys studio - Property Week 14.09.07
Damian Hirst has bought a new studio off the Old Kent Road in south-east London...more
Sheds - Small units - Property Week 23.02.07
Exton Estates, once a champion of the small-industrial freehold market, is now moving away from the sector towards freehold offices...more
Glengall gets consent - Property week 26.05.06
Royal London and Exton Estates have received detailed planning consent for the 100,000 sq ft...more
Rising in the East - Property Week 06.05.06
Bigging it up - Having quickly become experts in the “short sharp shock” school of financial operations, Exton Estates is seeking to spread
its wings...more
Two up, four down - Property Week 19.11.04
Exton Estates, formed by two former Berkeley developers, has already notched up four lucrative warehousing projects....more
Company secures funding for Taplow scheme and completes Weybridge deal. By Mark Wilding
Exton Estates has secured funding for two south-east office developments that total 200,000 sq ft, as institutions continue to show appetite for development in the region.
Scottish Widows Investment Partnership has funded the £6m purchase of an 11 acre site in Taplow.
Exton believes the site could accommodate around 50 houses and 100,000 sq ft of offices, and pre-application discussions with the local authority are already in progress. If permission for residential development is granted, 3 acres of the site will be marketed to house builders and the remaining 8 acres marketed to occupiers as a prelet opportunity.
Rockspring and Exton Estates have also completed the £4.25m purchase of the Brooklands site in Weybridge from Mercedes-Benz, as tipped by Property Week (news, 08.10.10).
The speculative 100,000 sq ft office scheme will be developed for Rockspring’s UK Value Fund.
Planning permission has been granted for a single 130,000 sq ft office building. Rockspring and Exton Estates will submit a revised planning application for two office buildings. With planning consent, the aim is to complete the development by end of 2012.
Richard Bains, Rockspring UK Value Fund manager, said: “The acquisition of development projects on behalf of our UK Value Fund reflects our strategy of taking on occupational risk where the fundamentals of supply and demand support speculative development.
“Working closely with our experienced development partners, we believe we can deliver high-quality office schemes at a time and in markets where we expect to see limited comparable supply.”
Dowley Turner Real Estate acted for Sottish Widows; Bray Fox Smith acted for Exton in Taplow; Strutt & Parker and DWD2 advised Rockspring on the Weybridge purchase; Colliers International acted for Mercedes-Benz.