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Apart from the business hotspots

of the major towns and cities,

there are encouraging developments

and investments elsewhere.

An example is Dorset based

developers Ankers & Rawlings

acquiring an industrial site through

Vail Williams at Ferndown for £2.47

millon which is let to ABF Grain Products.

In Salisbury, Lambert Smith

Hampton acted for the Hargreaves

Group in the £3 million purchase of

two units at Bourne Way Retail Park

from Rowe Estates. Hargreaves is a

major investor and has a portfolio of

278,700 sq.metres (3 million

sq.ft.

)

spread across the south of the UK.

Matthew Barker of LSH said:

“Secure rental income from these

large units in one of Salisbury’s

principal retail parks will provide a

good return on investment for our

client”.

Another example is Andover

which is a thriving business

location where MRT is expanding

its manufacturing by acquiring a

warehouse from DHL at Walworth

Business Park. Dan Rawlings of LSH

said: “The acquisition will enable MRT

to expand its successful business into

an advanced manufacturing centre

for aluminium die castings and

machine components”.

Commercial Property Register

October 2017 – March 2018

www.compropregister.com

12

IT

adds

UP

Any town or city that aspires to

have a dynamic business

community needs to foster a

science park, preferably linked to

the local university.

That is certainly true of Southampton

where the university’s science park

is a growing influence in the local

economy by pulling in world class

businesses.

The latest arrival is Promega,

a life sciences company which is

taking Plot 2 Benham Campus.

The park’s CEO, Peter Birkett,

commented: “There have been few

land deals of this magnitude and

significance on the south coast in

the last decade. We have supported

Promega’s considerable success in

the UK for 28 years and the new

development will enable us to

continue doing this”.

Councillor Simon Letts said:

“The decision to construct a new

bespoke facility highlights the

pivotal role the science park plays

in attracting innovative companies

to the region, and further

strengthens Southampton’s

growth in the life sciences sector”.

Adding to the US science

influence at the park, Merck has

opened an innovation hub, which

is one of the company’s most

significant Performance Materials

Research & Development sites

globally with a 90 strong

multinational team.

It has particular strength in

research into organic and printed

electronics. Every smart phone in

the world uses materials supplied

by Merck. It claims to be the

world’s leading suppliers of

liquid crystals.

Opening the new facility, local

MP Caroline Nokes said: “The

cutting edge work in smart phone

and solar panel technology really

puts Chilworth on the map”.

In a different vein, Southampton

Solent University is building a new

sports building in its city centre

campus which will have an

economic impact locally, said JLL’s

David Ramsay. “The purpose built

sports building will be an enormous

asset to the university and the

wider city. These state-of-the-art

facilities will attract students both

from across the UK and overseas,

boosting the university’s profile and

bringing a positive impact on the

local area. There are few sports

centres in the region of this

calibre”.

IN BRIEF

Lakeside

goes from strength to strength with the opening of the £19

million Village Hotel due in November and the insurance firm SPB UK

& Ireland relocating from Portsmouth city centre to be the third occupier

in the newly refurbished Building 3000.

NEWS

Southampton Science Park

WIDER

horizons

PROPERTY

Event

Solent Tennis Tournament

Kevin Stansfield from ActionCoach

and NatWest commercial manager

Gary Hodgson saw off match rivals

winning the annual Solent Property

Professionals Tennis Tournament.

Twenty property related business

professionals took part in the event,

which was sponsored by Hughes

Ellard & accountancy firm Wilkins

Kennedy, law firm Paris Smith

and the Southampton Property

Association (SPA).

A raffle raised £115 for Smile 4

Wessex, which provides charitable

support for the Wessex Neurological

Centre in Southampton.

Russell Mogridge of Hughes Ellard

commented “In warm sunshine,

Kevin and Gary took the honours in

a tough contest against Hughes

Ellard’s Tim Clark and Paris Smith’s

Sean Hogan, bringing to an end

Tim’s unbroken winning streak of

15 years!

“This year’s comedy shot award

went to real estate solicitor Katrina

Spolander of Shoosmiths, who took

away the wooden racket and a

tennis lesson with resident club

coach Matt Rogers!”

Ankers & Rawlings unit