O/T - The Bridges sold to AEW for GBP 152 million

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Nordic said:
Only the UK and US report in square feet, bud. tradition and unlikely to change, even though going metric would make much mores sense.
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I work in sq metres, must confess, had some yanks still working in ft.
 
Seems a meagre amount of money for such a large amount of land, with high value sitting tenants.

It's a shame Intu who own Eldon Square & Metro didn't buy it, they've done fantastic jobs with investing in both.
 
AEW are a well established/respected, global CRE asset manager. i'm a little surprised they have gone for this, to be honest, but product availability is low and 6.9% yield ain't bad. there's value for them in that deal for sure.

i hope they can make it work for the city....
 
Let's hope they bring some fresh ideas...However, it will not make much difference as long as so many Wearsiders are buggering off to the Gateshead Metro Centre to spend their money..
 
I still work in imperial, I cant picture metric, so its feet and inches for me, linear, square or cubic. Wouldn't know a hectare from a derriere.
 
clockstander said:
I still work in imperial, I cant picture metric, so its feet and inches for me, linear, square or cubic. Wouldn't know a hectare from a derriere.
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Aye, the good old thou, how many thou are in an inch again, there must be millions of the twats.
Seriously though I can work in both.
I have a lathe that was built in the 1950's & is calibrated in thou.
Can still do metric on it, I just base everything on 1 thou being equal to 0.0254 milli.
Always worked ok for me.
 
Billy Cattermole said:
Aye, the good old thou, how many thou are in an inch again, there must be millions of the twats.
Seriously though I can work in both.
I have a lathe that was built in the 1950's & is calibrated in thou.
Can still do metric on it, I just base everything on 1 thou being equal to 0.0254 milli.
Always worked ok for me.
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Hi Billy
Tried to pm you a few times over the last couple of weeks but you're maxed out and can't receive any more pm's until you delete some old stuff.

BM
 
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