© 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
Founders Need To Think Differently About M&A Exits, Says Investment Bank CEO
M&A
09/07/2024Founders Need To Think Differently About M&A Exits, Says Investment Bank CEO

50% of M&A deals fail because most approaches to exit involve hiring an M&A banker and marketing the business for sale.

Read Full PostRead - Eye Icon
Citi Announces to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank
Finance
31/03/2015Citi Announces to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank

Citi today announced that it has reached a definitive agreement to sell 100% of the shares of Citi Cards Japan, Inc.

Read Full PostRead - Eye Icon
The Power of Now: Unleashing Success through Direct Response Marketing
News
06/08/2024The Power of Now: Unleashing Success through Direct Response Marketing

When instant gratification became the order of the day, direct response marketing emerged as one of the most heavy-duty strategies businesses can adopt. It entails immediate action on the consumers’ part and thus has the possibility of enhanced engagemen

Read Full PostRead - Eye Icon
How Sergey Petrossov Applied JetSmarter and XOJET Lessons to Aero Ventures
Innovation
24/11/2025How Sergey Petrossov Applied JetSmarter and XOJET Lessons to Aero Ventures

Entrepreneur Sergey Petrossov’s three private aviation ventures share a common thread: each targets a specific inefficiency in high-value transactions through technology.  For Petrossov, who founded JetSmarter in 2012, lessons learned have compounde

Read Full PostRead - Eye Icon
How the Internet has Transformed Customer Service
Corporate Social Responsibility
24/02/2023How the Internet has Transformed Customer Service

The internet, in the past two decades, has transformed many aspects of life over the years, and some would even say practically all aspects. One area that has been forever changed is customer service as companies are now able to utilize the internet to provide

Read Full PostRead - Eye Icon
Data Warehousing: What It Is and Why It Is Important
News
25/05/2022Data Warehousing: What It Is and Why It Is Important

Cloud-based technology is rapidly changing the way people do business throughout the world. Companies can execute their operations more swiftly and effectively thanks to this technology. Important company data such as client portfolios, merchandise, and employ

Read Full PostRead - Eye Icon
Pioneering UK Startup Unveils Smart Technology That Could Save Billions Of Litres Of Water A Year
Corporate Social Responsibility
12/06/2024Pioneering UK Startup Unveils Smart Technology That Could Save Billions Of Litres Of Water A Year

Showerkap, a UK tech startup, has designed the world’s first water management system that enables organisations to monitor and conserve water usage, while also nudging users to make more eco-friendly decisions that reduce water consumption, carbon emissions

Read Full PostRead - Eye Icon
DORA: Five Ways the Channel Can Prepare
Innovation
03/04/2024DORA: Five Ways the Channel Can Prepare

The Digital Operational Resilience Act (DORA) will soon establish a universal framework for managing, reporting and outsourcing IT risk for the European Union (EU)’s financial sector. Looking to mitigate a recent rise in cyber attacks on the industry, the le

Read Full PostRead - Eye Icon
Key Strategies For Successful Mortgage Branch Management
Finance
19/01/2024Key Strategies For Successful Mortgage Branch Management

Running a profitable mortgage branch is no small feat. As a branch manager, you juggle a lot - from attracting and retaining superstar loan officers to streamlining operations and boosting productivity.



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