News

Date-10/2017
Chester Properties sell last building on Stockley Park
Chester Properties and Carval Investors have sold 3 Roundwood Avenue, a 43,110 sq ft refurbished prime headquarters office...
Date-05/2017
Final Letting at Stockley Park
Chester Properties and CarVal Investors have exchanged contracts on a ten-year lease on the whole ground floor of 3...
Date-01/2016
CarVal/Chester bag Stockley Park brace
CarVal Investors and operating partner Chester Properties have secured a brace of occupier deals at Stockley Park at...
Date-10/2015
Clyde Retail Park Fully Let
Chester Properties as Joint Venture partners in the Motherwell Investment Fund LP have let Unit 4 at Clyde Retail Park to...

CASE STUDY - Kingsway Shopping Centre, Newport

 

Asset and development management for UBS Triton Property Fund
• Purchased by UBS Triton Property Fund in 2004 – Chester appointed as Asset & Development Manager
• 1960s shopping centre - 250,000 sq ft in 50 units and office tower together with derelict 450 space car park
• Increased value by negotiating long lease re-gear and Development Agreement with Newport City Council.
• £22 million refurbishment, construction of new retail units and 1,050 space multi-storey car park completed June 2009.
• Let new 55,000 sq ft anchor unit to Wilkinsons.