16 October 2018
IPE Real Assets

Roebuck completes sale of Eddie Stobart warehouse to M7 Real Estate

M7 Real Estate has bought, on behalf of M7 Real Estate Investment Partners VI, five adjacent warehouse units let on a long term lease to Eddie Stobart in Workington, Cumbria for £6.295m, representing a net initial yield of 10% and a capital value per sq ft of £13.22. The asset has been acquired from the Stobart Group.

05 October 2018
CoStar UK

Roebuck Asset Management alongside their South Korean partners complete acquisition of Future House, Staines for £34.00m

Roebuck Asset Management alongside a consortium of South Korean institutional investors has acquired the freehold in Future House, Staines-Upon-Thames for £33.7m from clients of LaSalle Investment Management. The transaction is the third Roebuck has undertaken with its South Korean partners and was completed in 8 weeks from agreeing heads of terms.

03 October 2018
CoStar UK

Roebuck advise SEDCO and Palmer Capital on acquisition of Eddie Stobart Distribution Centre

Palmer Capital and SEDCO Capital have bought an Eddie Stobart distribution warehouse on Sherburn Enterprise Park in Selby, Leeds for £31.75m, reflecting a net initial yield of 5%, from NFU.

25 June 2018
Property Week

Stobart Group and Roebuck Asset Management complete sale and leaseback in Widnes to LXI REIT for £25.52m, reflecting a net initial yield of 5.50%

The sale and leaseback forms part of the on-going Stobart portfolio strategy, managed by Roebuck Asset Management and consists of approximately 40 acres, adjacent to Widnes rail freight terminal and Tesco's refrigerated distribution centre. The Property comprises biomass storage and processing compounds, storage and distribution warehousing and a newly built 20,000 sq ft office headquarters for Stobart Biomass. FSP acted for LXI REIT

07 May 2018
Business Day

MAS REI with Roebuck Asset Management acquires Princes Exchange and New Uberior House, Edinburgh for £71.00m

South African listed investor, MAS REI, with Roebuck Asset Management have successfully acquired Princes Exchange and New Uberior House (PENUH) from Aerium for £71.00m.  PENUH is let to the Bank of Scotland plc providing c. 7.50 years UXT and a number of value add opportunities.  The acquisition follows the recent sale by MAS REI of the GPU Forward Funding at New Waverley, to Legal and General. Knight Frank acted for MAS REI/Roebuck and CBRE acted for Aerium

06 February 2018
Property Week

Eddie Stobart pre-let 844,000 sq ft logistics warehouse at Midlands Logistics Park (MLP), Corby

Tritax Big Box Reit plc has agreed a forward funding of 844,000 sq ft Eddie Stobart Logistics Warehouse at Midlands Logistics Park (MLP), Corby for £81.80m. The funding, which is conditional on receiving full planning consent, is pre-let to Eddie Stobart for a term of 20 years

05 February 2018
Property Week

Roebuck completes sale and leaseback of Stobart Biomass facility in Rotherham to LXI REIT

£3.40m disposal of Stobart Biomass storage and processing facility, Rotherham, Yorkshire to LXI REIT Plc 

20 October 2017
Property Week

South Korean Investors complete second UK acquisition with Roebuck Asset Management

A consortium of South Korean institutional investors alongside Roebuck Asset Management have acquired a Tesco distribution centre in Avonmouth for £71.4m

11 May 2017
CoStar UK

South Korean Investment Managers Capstone and Roebuck Asset Management complete £62.00m acquisition of Accolade Park, Avonmouth

South Korean Investment Manager Capstone alongside Roebuck Asset Management have completed the purchase of Accolade Park, Avonmouth for £62.00m. Roebuck are the appointed UK asset manager to execute a 3-5 year business plan