Asset Management

We are retained by PGIM Real Estate (UK) Limited to advise in respect of their UK commercial ground rent portfolio. This extends to 64 assets and a combined value in the order of £665 million.

The asset management of a 10 property portfolio, five of which were single let industrial units, four multi-let estates and one redevelopment site, located in the Black Country, Shifnal and Telford. The portfolio extended to approximately 500,000 sqft and generated approximately £2m per annum from 30 tenancies. Advice in respect of debt restructuring; portfolio and asset management; investment acquisition and sale; tenant engineering; appointment and management of sub agents.

Advice in respect of debt portfolio assets, combined with portfolio creation with strategic advice offered.

Off market acquisition of mixed retail, office, industrial and development portfolio. Sale or development of existing assets once strategic management plans delivered. Core city centre sites that have since been developed to comprise prime city centre offices.

Acquisition and subsequent sale of prime, mixed city centre investment. Creating and successfully implementing asset management plan. Restructuring existing occupational basis, refurbishing and reletting vacant accommodation. Securing increased rental tone and value through market letting and the rent review process.

Acquisition of mixed retail, office and industrial portfolio. Sale of assets once strategic management plans delivered.