News

News

Riverside Capital exchanges contracts to purchase Old Street Works in the heart of Tech City

Riverside Capital has exchanged contracts to purchase “Old Street Works” on City Road, London EC1 - the heart of London's "Tech City". The property investment company will raise £16.2m of equity from its investor base, together with senior debt provided by Lloyds Banking Group to complete the transaction. The ground and lower ground floors are let to retail tenants including Nando’s and Bodean’s restaurants, with the four upper floors being office accommodation currently 50% let to a range of tenants, mostly within the Technology, Media and Telecoms (TMT) sector. View More

Riverside Capital Ambassador Jason Roy confirmed for South Africa’s new T20 Competition

Jason Roy, England opening batsman and Riverside Capital ambassador, has been named as one of only three England-qualified players to play in the new South African T20 tournament. Along with England captain Eoin Morgan and former England star Kevin Pietersen, Jason is one of eight ‘marquee’ internationals who have signed up to enter a draft for the franchise, scheduled to take place in November. View More

Riverside Capital completes on the purchase of two distribution depots let to DPD

Riverside Capital has completed on the purchase of two purpose-built delivery depots for its investors. The depots are let to DPD group UK Limited for terms of 20 and 25 years. Located in Swinderby, near Lincoln and in Aberdeen, both units - particularly the Aberdeen unit, where a longer lease has been taken - will play a key role in DPD’s strategic growth plans in the UK. View More

Riverside Capital completes on the forward funding of two buildings in Leeds

Riverside Capital has completed on the forward funding of two new-build properties in Leeds. With long leases, the building are let to three high-quality, budget sector tenants: Aldi, Poundworld and Pure Gym. The buildings are located on a single plot of land on the outskirts of Leeds city centre and, once income producing, will generate a yield of close to 7%. View More