Highcross Agrees Lakeside North Harbour Hotel Deal

October 4, 2012

Highcross has sold a 3.1 acre site at its Lakeside North Harbour Business Park in Portsmouth to De Vere Group for a new resort hotel.

The group’s De Vere Village Urban Resorts division has exchanged contracts for the purchase of a 250 year leasehold interest in the land at the expanding business park.

The 124-bedroom hotel will be located at the eastern edge of Lakeside North Harbour, close to the new Porsche Centre, and provide additional leisure, food and conference facilities for companies based at the park and the wider community. 

Highcross’ phased expansion of the Lakeside North Harbour business park will ultimately comprise almost 1 million sq ft of new development, including new office buildings alongside the lake and a medical centre. A new day nursery recently opened at the park and work has just completed on the construction of a new retail and lifestyle hub, linked to the park’s anchor 1000 Lakeside office building.

Nick Turner, asset management director at Highcross, comments: “The De Vere Group’s plan to locate one of its Village Urban Resorts at Lakeside North Harbour is great news, and reflects the strengths of the park’s excellent location, attractive environment and expanding business community.”

Agents for Highcross at Lakeside North Harbour business park are Hughes Ellard and Vail Williams.

www.lakesidenorthharbour.com

                                                            -ends-

Latest News

NASH BOND PROMOTES TALENTED STAFF

October 17, 2021 - 11:40

Leading Central London retail and leisure property advisors Nash Bond have promoted Emma Strang, Lottie Newman and Matthew Peters to Director. In addition, they have promoted Alex Hughes to Associate [...]

+ Read More

CBRE IM BOOSTS F&B AND RETAIL OFFER AT HAMMERSMITH BROADWAY SHOPPING CENTRE

October 7, 2021 - 12:01

CBRE IM, advised by GCW and Nash Bond, have boosted the retail and leisure offering at Hammersmith Broadway Shopping Centre in west London with two new lettings. Joe & The Juice will open in 1,154[...]

+ Read More

IV REAL ESTATE SHAKES UP BRISTOL’S CORN STREET WITH LONDON COCKTAIL CLUB DEAL

September 27, 2021 - 08:39

IV Real Estate has secured its first letting at Gilbert House, a recently redeveloped 12,475 sq ft retail and office building at 37-39 Corn Street, Bristol. The London Cocktail Club will open its seco[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR