© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Warburg-HIH Buys Prime Retail Units; Asset Acquired by TH Real Estate
Posted 21st April 2016

Warburg-HIH Buys Prime Retail Units; Asset Acquired by TH Real Estate

TH Real Estate, on behalf of a real estate fund managed by Warburg HIH Invest Real Estate GmbH (Warburg-HIH Invest, previously: Warburg - Henderson), has acquired Units 2 and 3 at 44-48 Argyle Street for £1.9m.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Warburg-HIH Buys Prime Retail Units; Asset Acquired by TH Real Estate
Image

Warburg-HIH Buys Prime Tetail Units; Asset Acquired by TH Real Estate

TH Real Estate, on behalf of a real estate fund managed by Warburg HIH Invest Real Estate GmbH (Warburg-HIH Invest, previously: Warburg – Henderson), has acquired Units 2 and 3 at 44-48 Argyle Street for £1.9m. This follows the purchase of the freehold of 38-48 Argyle Street in July 2014. The total investment in the properties is in excess of £23.5m.

Unit 2 is let to Yours Clothing until September 2025 with a break in September 2020 at £185,000 p.a. Unit 3 is currently vacant and will be marketed for lease imminently.

Axel Kleinefenn Head of Fund Management, Warburg-HIH Invest said:

“Following our acquisition of the main unit – let to TK Maxx – we received access to additional asset management potential through the full ownership of a well located asset in a promising retail market.”

Martin Payne, Senior Fund Manager, TH Real Estate, added:

“We’ve made a significant commitment to Glasgow and have considerable confidence about the city’s future. This latest acquisition builds on the investment we made in 2014 and gives us the opportunity to tap into Glasgow’s strong retail market.”

Andrew Shiells, Director, Lambert Smith Hampton, commented:

“Glasgow is widely recognised as one of the UK’s most vibrant retail destinations and has good investment fundamentals. This acquisition allows TH Real Estate to realise inherent value by buying in control of a long leasehold interest and create additional value by letting out the vacant unit.”

Lambert Smith Hampton advised TH Real Estate. 

 

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
Why Remortgaging is a Game-changer For Modern Home-owners
Finance
22/01/2021Why Remortgaging is a Game-changer For Modern Home-owners

In the UK, whilst the numbers can fluctuate, roughly 39,000 remortgages occur on a monthly basis. In fact, in the first quarter of 2019, almost 40% of property loans were remortgages - with good reason. Getting on the property ladder is usually one of the main

Read Full PostRead - Eye Icon
Governance Advisory Services Explained: Definition, Deliverables, and Top Firms
Strategy
29/09/2025Governance Advisory Services Explained: Definition, Deliverables, and Top Firms

Good governance is the cornerstone for a thriving business. It guides the ethical pursuit of goals while steadily building a foundation for sustainable success, not just overnight gains. Yet many companies struggle to manage everything effectively as regulatio

Read Full PostRead - Eye Icon
MarshBerry Provide Due Dilligence to NFP’s Acquisition of Hackett Valine & MacDonald
M&A
17/06/2015MarshBerry Provide Due Dilligence to NFP’s Acquisition of Hackett Valine & MacDonald

MarshBerry Provide Due Dilligence to NFP's Acquisition of Hackett Valine & MacDonald

Read Full PostRead - Eye Icon
Employment Screening Solution Innovation
Leadership
21/12/2021Employment Screening Solution Innovation

Cisive is a global provider of compliance-driven human capital management and risk management solutions. Its expert team understands the risks and regulations that apply to the financial services, healthcare, transportation, and other highly regulated industri

Read Full PostRead - Eye Icon
The Role of Construction Accident Statistics in Business Planning and Risk Management
News
16/10/2024The Role of Construction Accident Statistics in Business Planning and Risk Management

Construction accident statistics are the central component of risk management in the construction industry. By analyzing and understanding accident data, companies can identify potential hazards, implement safety measures, create a safer environment for their

Read Full PostRead - Eye Icon
Mercer to Acquire GAMA Consultores Associados in Brazil
M&A
16/11/2015Mercer to Acquire GAMA Consultores Associados in Brazil

Brazil based firm will extend Mercer footprint into central region.

Read Full PostRead - Eye Icon
Changing Perception On Collecting Information
Innovation
28/01/2020Changing Perception On Collecting Information

Conventionally, data mining in biomedicine in the ‘omics’ era refers to a bioinformatics approach that combines key concepts of biology with advanced computer tools or statistical methods that are primarily used to discover, select and prioritize targets.

Read Full PostRead - Eye Icon
Can You Buy Shares Of A Company Online From The Uk?
News
10/10/2022Can You Buy Shares Of A Company Online From The Uk?

You've certainly daydreamed more than once about how you'll invest in a firm, retire well, and see the globe. The accomplishment of this is not a simple task, but one has to begin somewhere. To get started in the world of investing, you don't have to need a la

Read Full PostRead - Eye Icon
5 Reasons Every Startup Must Calculate Their Market Size
News
27/06/20225 Reasons Every Startup Must Calculate Their Market Size

Building a successful startup goes beyond developing a product or service—you must be sure you are diving into a profitable market, and your product can cater to consumers' needs.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow