© 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
AI Can Accelerate Legal Work but Must Not Replace Human Judgment
Legal
27/10/2026AI Can Accelerate Legal Work but Must Not Replace Human Judgment

Governing AI-generated outputs is becoming a regulatory priority as AI moves from assistive tools to active participants in processes.

Read Full PostRead - Eye Icon
When Deployment Changes the Family Calendar: Workforce Planning for Texas Businesses Employing Military Parents
Legal
16/10/2026When Deployment Changes the Family Calendar: Workforce Planning for Texas Businesses Employing Military Parents

A staffing schedule can look settled until military orders change a parent’s availability. A Texas National Guard member employed by a private company may be called to extended duty, while a reservist with shared parenting responsibilities must prepare f

Read Full PostRead - Eye Icon
BMW Group Achieves Best-ever March Sales
Strategy
14/04/2015BMW Group Achieves Best-ever March Sales

Deliveries of BMW Group vehicles in March reached a new high contributing to the company's best ever first quarter sales figures

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
Four Signs Your Business is Guilty of Wellbeing Washing and How to Avoid It
Corporate Social Responsibility
24/09/2024Four Signs Your Business is Guilty of Wellbeing Washing and How to Avoid It

It’s not rocket science that if employees feel valued and heard, they are more likely to engage in organisational goals, collaborate effectively, and do their best. High wellbeing results in workplace retention and serves as a talent magnet. However, with th

Read Full PostRead - Eye Icon
Equistone Partners Europe Closes Fund V at €2bn Hard Cap
Finance
22/04/2015Equistone Partners Europe Closes Fund V at €2bn Hard Cap

Equistone Partners Europe Limited (“Equistone”), one of Europe’s leading mid-market private equity investors, today announces the successful final closing of Equistone Partners Europe Fund V (“EPEF V”) with total capital commitments of €2bn.

Read Full PostRead - Eye Icon
Treasured Island
Finance
29/09/2016Treasured Island

Baker Tilly Isle of Man are a part of Baker Tilly International which is the 7th largest advisory company, and are a leading firm of chartered accountants and business consultants.

Read Full PostRead - Eye Icon
Global Headwinds Fail to Stifle Dubai Property Boom
Finance
31/07/2023Global Headwinds Fail to Stifle Dubai Property Boom

The UAE’s real estate market has outpaced both advanced and emerging economies over the past two years, according to the Bank for International Settlements. As central banks around the world tighten monetary policy, Dubai is setting itself apart. The emi

Read Full PostRead - Eye Icon
Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania
Strategy
27/04/2015Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania

Kosmos Energy announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.



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