Widely recognised by the property industry as Edinburgh’s last significant redevelopment opportunity. Acquired on behalf of PGIM Real Estate (UK) Limited and EIP Holdings s.a.r.l. in September 2023. An income producing asset with the potential to further contribute to Edinburgh.
The pleasure of acting in the sale of this asset in 2006 and invited to advise how best to dispose of the asset in 2021. A sale to the tenant on behalf of a private client.
A ground rent acquisition on behalf of PGIM Real Estate (UK) Limited that was sourced from a desk drawer in Cardiff and resulted in the creation of strong business relationships. Both the riverbank and the investment landscape has changed much since this was acquired.
A secure ground rent investment, sold on behalf of PGIM Real Estate (UK) Limited.
Acquisition of an underented industrial/distribution unit, in one of Scotland’s prime locations on behalf of Aberdeen Standard Investments.
Acquired on behalf of a private client in 2004, with a sale to a private investor in 2019.
A late 1960s building, with a lease expiry in 2033, located on a site that offers much potential, from an existing use and repurposing position.
Acquired on behalf of PGIM Real Estate (UK) Limited in 2023.
The Acquisition of three retail units with upper parts, subject to short term income.
The first bespoke, leased hotel on Princes Street for over 50 years.
Many a discussion at the time on the relative yield merits of the original retailer (New Look) and hotel components.
A close working relationship between architect, planners and the Deramore Property Group delivered this stunning development.
Strategic redevelopment of 64 acre site, leading the design team, procuring and funding a new 200,000 sq ft production facility. Planning permission delivered for retail park. Sale of retail park development site.
A pleasure to act on behalf of OKI.
Acquisition of eight acre development site on behalf of Bidfood to facilitate the development of 90,800 sq ft distribution unit.
Forward funding of the asset.
Prior to establishing hendersonherd, Steven was the UK Board member of BNP Paribas Real Estate responsible for both the Scottish operation and all transactional business throughout the UK.
During 20 years with Weatherall Green and Smith, Steven jointly developed a London based insolvency department and was appointed head of the Scottish business in 1996.
Developing a property insolvency business within a free falling market early in his career instilled an appreciation of core property values. His 12 year tenure of the Scottish operation created a sustainable, multi-disciplinary business, designed to profit from the dynamics of occupier, investor and financial markets. This business became one of the most consistently profitable in BNP Paribas Real Estate.
Steven’s decision to establish hendersonherd was based upon a desire to further develop a property consultancy business, where client’s requirements can be optimised without the limitations of a traditional property consultancy business.
Throughout his career, transacting property has been the focus. It remains his view that in the right hands, property is a simple asset class, it is people and circumstance that present both the challenge and the opportunity.
Steven is a graduate of Aberdeen University and a qualified Chartered Surveyor. He attained the dubious honour of third place in the Property Week Awards UK Young Property Person of the Year, 1999, about the same time this photo was taken.
DD: 0131 226 XXX
M: 07XX XXX XXXX
E: Calum.Flockhart@hendersonherd.co.uk
Prior to establishing hendersonherd, Steven was the UK Board member of BNP Paribas Real Estate responsible for both the Scottish operation and all transactional business throughout the UK.
During 20 years with Weatherall Green and Smith, Steven jointly developed a London based insolvency department and was appointed head of the Scottish business in 1996.
Throughout his career, transacting property has been the focus. It remains his view that in the right hands, property is a simple asset class, it is people and circumstance that present both the challenge and the opportunity.
DD: 0131 226 4014
M: 0751 537 6733
E: Steven.Herd@hendersonherd.co.uk
Also of Weatherall Green and Smith lineage, David started his career in London in 1992, transferring to the firm’s Scottish office in Edinburgh in 1998. By 2008, when he left to establish hendersonherd, David was Director responsible for investment in Edinburgh.
David views real estate as a reservoir of capital which can be exploited by both occupiers and investors at different stages of the economic cycle. The dynamics of property investment and funding continue to change and this provides scope for innovation and new solutions. David’s ability to combine his knowledge of the real estate investment market with the priorities of an occupational balance sheet means that his advice is sought by both private and public sector occupiers, as well as the wider property investment community.
David is a graduate of Cambridge University and holds an MBA from the University of Edinburgh. He qualified as Chartered Surveyor in 1994.
DD: 0131 226 4015
M: 0778 9778 838
E: David.Henderson@hendersonherd.co.uk