QUARTERLY REPORT Reporting Period: 4Q2016
|
|
- Nicholas Hicks
- 5 years ago
- Views:
Transcription
1 QUARTERLY REPORT Reporting Period: 4Q2016 Deco 8 UK Conduit 2 plc. (Deal ticker: Deco 8 - C2X)
2 Coverage Coverage Securitisation Name Reporting Period: 3Q2 Report Date IPD Date 20/10/2016 Loan as % of Total Pool 69.98% Contact Details Primary Servicer Special Servicer Note Trustee Situs Solutus Advisors Ltd Deutsche Trustee Company Ltd Dan Boakes James Bannister Hannah Ward +44 (0) (0) (0) cmbsinvestors@situs.com saspecial@solutus.co.uk SNAPSHOT OF KEY UPDATES The re-financing of the portfolio continues to be pursued, however the feedback from possible new lenders since UK decision to leave the EU has caused some lenders to prefer to wait for a period of time, to assess any impact, and the magnitude of such, on property values. Solutus instructed a 3rd party Valuer/Agent to provide an updated opinion of where the value sits today. This was advised at a range of 176m - 184m gross. Even though the decision to leave the EU has delayed matters, it is still the intention to pursue a refinance or sale of the portfolio on completion of remaining asset management initiatives which are likely to maximise the value of the portfolio and recoveries under the Loan; In the meantime the Borrower has submitted a 12/18 month standstill/restructuring plan which is currently being consideredby the Special Servicer; A new lease has completed on the whole of Stirling House on a 10 year lease; Lease renewals on Tri Centre 1 and Tri Centre 2, Swindon, have completed for a term of 10 years. The tenant has vacated Tri Centre 3. Loan Information Property Information Loan Work Out Summary Origination Date 13/02/2006 Location Various Date of Transfer Maturity Date 20/04/2016 Type Office Reason for Transfer Interest Type 3-m LIBOR Number of Assets 16 Standstill Agreement Current All-in Interest Rate 1.38% Number of Leases 42 Recovery Type Origination Whole Loan Balance 208,556,250 WARLT (years)* 5.87 Administration Origination Senior Loan Balance 208,556,250 Net Lettable Area** 1,173,790 LPA Receivership Origination Junior Loan Balance 0 Current Value (OMV) 191,442,500 Appraisal Reduction? Current Whole Loan Balance 189,169,392 Current Value (VPV) TBD If (Y), Reduction Amount Current Senior Loan Balance 189,169,392 Date of Valuation 27/02/2015 Swap in Place Current Junior Loan Balance 0 NOI 9,149, Indicative Unwind Cost Loan Status Matured/Defaulted * WARLT = Weighted Average Remaining Lease Term 25/10/2012 LTV Breach Asset Mgmt and Sale or Refinance No 5,272,957 No N/A Covenant Information ** The Net Lettable area has changed from 1,174,706 sqft due to the subdivision of Tri Centre 3 and combination of units at Oak House Origination Previous Quarter Current Quarter ICR (annual projected) - > 1.25x 1.77x 3.33x 3.52x DSCR N/A 1.77x 3.33x 3.52x LTV - < % 98.81% Comment 4.00x ICR History 4.00x DSCR History 1 LTV History 3.00x 2.00x 1.00x 3.00x 2.00x 1.00x 0.00x 0.00x
3 % of Total Area Property Address: Various - see footer Property Strats Title Occupancy by Area Reserves Economic Vacancy* Top Five Tenants Microsoft Ltd Zurich Assurance Ltd The Post Office American Express Services Europe Ltd Secretary of State for Communities 14 Freehold / 2 long LH 81.17% 272, % * based on ERV's, or passing rent where ERV not available. Increase due to reallignment of ERV's and Tri Centre renewal. 41.4% 17.5% % 3. Lease Expiry Profile RENT AREA Occupancy History 4Q2015 Top 5 Tenants as % of Total: 76% Region Distribution East Midlands Valuation Information OMV / VPV (in millions) Valuer Net Initial Yield Reversionary Yield Equivalent Yield Costs of Sale as % of Purchase Price Date of Next Valuation 191.4m/TBD C&W 6.55% Various 7.19% 5.75% TBC Special Assumptions: Property valued at 191,442,500 with a potential premium if sold as a Portfolio. 28% 3% 6% 4% 12% 2% 4% 3% 2% 36% East Anglia Greater London North-West Scotland South-East South-West Wales West Midlands Yorks & Humberside Oak House, Watford, WD24 4QP - Tri Centre, Swindon, SN1 1HN - Rowland House, Chesterfield, S49 1HQ - Orchard House, Blackburn, BB1 6HA - York House, Leicester, LE1 6FB - Sussex House, Burgess Hill, RH15 9AQ - Verney House, Aylesbury, HP19 8ET - Wellington House, Barnsley, S70 1WA - Southgate House, Gloucester, GL1 1DL - Friars House, Coventry, CV1 2TE - 21 Farncombe Road, Worthing, BN11 2BW - Hyde Park House, Ipswich, IP1 3LG - Stirling House, Clydebank, G81 2NT - Microsoft Buildings 1/3 & cps, Reading, RG6 1WG - Premier House, Reading, RG1 7EB - Gwent Consultancy Office, Cwmbran, NP44 3HR
4 Work Out History and Strategy Date of last Servicer site visit: Sep 14 (various dates) Date of last Borrower meeting: 31st October 2012 History: Solutus Advisors appointed end of October 2012, following the loan-to-value (LTV) event of default called by the primary servicer; By market value, we had anticipated initially 65% of asset sales over 2014, with the remaining 35% sold prior to loan maturity (April 2016) in line with the completion of value-add initiatives. However, this was reviewed and revised based upon advice and an asset management program was pursued; Following the new Valuation, there remains one final ongoing matter to conclude in respect of historic liabilities on the Mapeley Beta Companies, which would remove circa 14m of liabilities and enable the assets along with the corporate structure to be potentially sold as one; There is currently a capex program in place across all assets to increase letability of the vacant units; New lettings and heads of terms continue to be negotiated in respect of Friars House, Oak House, and Southgate House. Please see over page for progress this quarter. Interest Payment Date Waterfall Income Gross Rent 2,693, Service Charge 247, Insurance 18, Other - 2,958, Outgoings Management Fees 198, Administration Fees - Receiver Fees 123, Property Non Recoverables* 1,209, Service Charge Costs 573, Insurance 18, Third Party Costs - 2,122, Head Rent Net Income 836, * Includes property repairs and maintenance, utility charges and vacant unit business rates. Historic set up costs have also been recovered this quarter.
5 Asset Management and Disposal Strategy Asset-by-asset (updated where applicable) Microsoft Building, Reading No further update at present. Rowland House, Chesterfield The current lease expires in November The Regear is currently being negotiated. Sussex House, Burgess Hill New lease concluded with the sole tenant for ten years. This is on a stepped rent, with a tenant CAPEX plan which has been executed. Southgate House, Gloucester Works have completed on the new reception area, which has significantly improved the entrance of the building. The aim is to increase occupancy levels, stabilise income, and a subsequent marketing for sale will then be undertaken. A new 8 year lease has completed to Pro Insurance Solutions Limited for an additional 9,849 sqft of space on the 2nd floor, which includes 19 car parking spaces. Tri Centre, Swindon The lease renewals on Tri Centre 1 and 2 have completed both for a term of 10 years. An asset management plan for Tri Centre 3 is being put in place. Premier House, Reading The refurbishment works being undertaken by The Secretary of State as a requirement of their lease have been completed. A review of the asset strategy is being undertaken. Farncombe Road, Worthing The current tenants UK retail banking operations are under review. Further negotiations for a lease regear are on hold until this review has been completed. Friars House, Coventry The refurbishment of the common areas has been completed and a show suite has been created. Two new leases have completed with Hays Specialist Recruitment Limited taking a 5 year lease of 3,063 sqft of space on the 2nd floor and Economy Energy Trading Limited taking a 5 year lease on 6,880 sqft of space on the 10th floor, along with a licence for 10 car parking spaces. Santander UK Plc have renewed their lease on 6,880 sqft of space on the 3rd floor for a period of 5 years, 3 months and 4 days. Stirling House, Clydebank UPDATE: The building is now fully occupied with the completion of the letting to Ascensos of the whole building, on the agreed lease terms of 10 years with a 6 year break option and a capital contribution. Wellington House, Barnsley UPDATE: New lease agreed on the whole of the building, under three separate commercial leases with different rent start dates, based on practical completion of works. Works have been completed and tenant in occupation. Leases have now completed. Verney House, Aylesbury Dilapidation claim with previous tenant now complete. Property continues to be marketed for offices whilst alternative uses are considered. Orchard House, Blackburn The property is fully occupied. Gwent Consultancy Office, Cwmbran The sole tenant has gone into liquidation and the lease has been formally disclaimed. Marketing of the asset to let is ongoing. Oak House, Watford After the lease expiry to the sole tenant on 25th December 2015, 5 new leases have completed. Omni Capital Retail Finance Ltd have taken 4,320 sqft of space on the 1st floor for a term of 5 years, Indigo Park Services UK Limited have taken 8,750 sqft of space on the 1st floor for a term of 10 years, Fairhurst have taken 4,118 sqft of space on the 2nd floor for a term of 10 years, Secretary of State have taken 6,575 sqft of space on the 2nd floor for a term of 5 years, Pepkor have taken 6,533 sqft of space on the 2nd floor for a term of 5 years and Capita Property have taken 4,403 sqft on the 1st Floor for a term of 10 years. Heads of terms are out to other previous sub tenants, but are yet to complete. Hyde Park House, Ipswich The refurbishment works to the reception, WC's and common areas are complete which have greatly improved the internal appearance of the property. Letting complete to Christie & Co on the ground floor east suite totalling 1,696 sq ft. York House, Leicester The property is fully let to Leicester City Council on a 10 year lease, attempt to regear lease on the next rent review in February 2018.
QUARTERLY REPORT Reporting Period: 1Q2017
QUARTERLY REPORT Reporting Period: 1Q2017 Deco 8 UK Conduit 2 plc. (Deal ticker: Deco 8 - C2X) Coverage Coverage Securitisation Name Reporting Period: 3Q2 Report Date IPD Date 20/01/2017 Loan as % of Total
More informationQUARTERLY REPORT Reporting Period: 3Q2018
QUARTERLY REPORT Reporting Period: 3Q2018 Deco 11 UK Conduit 3 plc. (Deal ticker: Deco 2006 - C3X) Coverage Coverage Securitisation Name Loan Name Report Date IPD Date 20/07/2018 Loan as % of Total Pool
More informationHatfield Philips International. Deco 11 U.K. Conduit 3 Plc Investor Call. 14 th January 2016
Hatfield Philips International Deco 11 U.K. Conduit 3 Plc Investor Call 14 th January 2016 Hatfield Philips International 25 Canada Square 34th Floor London E14 5LB Disclaimer This report has been compiled
More informationSirius Real Estate Ltd Half Year Presentation 2013
Sirius Real Estate Ltd Half Year Presentation 2013 Who are we We are a leading provider of branded mixed-use flexible workspace in Germany 2 Financial Highlights Substantial increase in recurring profit
More informationAbout Brasier Freeth Highlights
About Brasier Freeth Award winning firm of Chartered Surveyors and Commercial Property Experts Providing services and advice to tenants, landlords, investors, funders and developers from both the public
More informationCRAIG NEWNHAM. Independent Property Specialists. 30 years of transforming property CAPABILITY STATEMENT
CAPABILITY STATEMENT Independent Property Specialists CRAIG NEWNHAM 30 years of transforming property 0458 460 565 craig@independentpropertyspecialists.com.au Independent Property Specialists Independent
More informationCombined Portfolio valuation movements A4 Landsec s London developments construction contracts A21
Appendices Contents Page Page Performance A2 Central London office market A19 Top 10 assets by value A3 London office market take-up A20 Combined Portfolio valuation movements A4 Landsec s London developments
More information200 Great Dover Street, London SE1
200 Great Dover Street, London SE1 Development/Investment Opportunity Prominent island site close to Borough and London Bridge. 36,345 sq ft 1960 s offices with 24 surface car parking spaces. Leasehold
More informationCASE STUDY Property Asset Management
The St Botolph Building, London EC3 Full service provision comprising estates, FM and finance functions. There is an emphasis on embracing new occupiers, monitoring their fit out contracts, reducing the
More informationRetail Acquisition Example
Property Information Retail Acquisition Example Project Assumptions Acquisition Assumptions Property Name Retail Acquisition Example Project Type Acquisition Location Austin, TX Acquisition Cost $1,800,000
More informationChartered Surveyors Commercial Property Consultants. The Minimum Energy Efficiency Standards: A Guide for Commercial Property
Chartered Surveyors Commercial Property Consultants The Minimum Energy Efficiency Standards: A Guide for Commercial Property 2 WHAT ARE MEES? The Energy Efficiency (Private Rented Property) (England and
More informationREVERSIONARY MODERN OFFICE INVESTMENT The Kiln, Mather Road, Newark, Nottinghamshire NG24 1FB
REVERSIONARY MODERN OFFICE INVESTMENT The Kiln, Mather Road, Newark, Nottinghamshire NG24 1FB INVESTMENT SUMMARY An opportunity to acquire a modern multi let office building. Prominently located with easy
More informationCASE STUDY Property Asset Management
The Walbrook Building, London EC4 Full service provision encompassing estates, finance and FM roles. KEY OBJECTIVES AND CONSTRAINTS Preserve construction warranties through a structured management regime
More informationSTATION DRIVE INDUSTRIAL ESTATE BREDON TEWKESBURY GL20 7HH MULTI-LET INDUSTRIAL INVESTMENT WITH REVERSIONARY POTENTIAL
STATION DRIVE INDUSTRIAL ESTATE BREDON TEWKESBURY GL20 7HH MULTI-LET INDUSTRIAL INVESTMENT WITH REVERSIONARY POTENTIAL STATION DRIVE INDUSTRIAL ESTATE BREDON TEWKESBURY GL20 7HH 2 INVESTMENT SUMMARY Freehold
More informationPROPERTY INVESTMENT NOTES
OPEN PENSION PROPERTY INVESTMENT NOTES Powered by the London & Colonial... www.londoncolonial.com Contents 1. Introduction... Page 2 2. The People... Page 2 3. The Process... Page 3 4. How do I apply to
More informationProperty administration overview and risk warning notice
Property administration overview and risk warning notice Overview of property administration You have informed us that you wish to purchase a property within your Scheme. Please complete and return to
More informationTHE TRAFFORD CENTRE LIMITED QUARTERLY REPORT. CASHFLOW STATEMENT AND MANAGEMENT COMMENTARY FOR THE PERIOD ENDING 30 June 2018
THE TRAFFORD CENTRE LIMITED QUARTERLY REPORT CASHFLOW STATEMENT AND MANAGEMENT COMMENTARY FOR THE PERIOD ENDING 30 June 2018 340,000,000 Class A2 6.50 per cent. Secured Notes due 2033 120,000,000 Class
More informationShopping Park. Prime open consented shopping park investment. Main Street, Strabane BT82 8EW
Shopping Park Prime open consented shopping park investment Main Street, Strabane BT82 8EW Strabane is located 16 miles south west of Londonderry and 2 miles from the Republic of Ireland border Forms part
More information2017 FULL YEAR 16 FEBRUARY 2018
FULL YEAR RESULTS 16 FEBRUARY 2018 : Delivering in line with strategy 1.1 billion invested Asset acquisitions 610m Development capex 414m Land acquisitions 92m 525 million disposals Asset sales 432m Land
More informationGwent Shopping Centre Tredegar NP22 3EJ. High yielding shopping centre investment On the instructions of AB Hughes and JP Smith joint LPA Receivers
Gwent Shopping Centre Tredegar NP22 3EJ High yielding shopping centre investment On the instructions of AB Hughes and JP Smith joint LPA Receivers 53 54 Gwent Shopping Centre Tredegar NP22 3EJ High yielding
More informationInvestment Sale 252 Bouverie Square, Upper Third Street, Central Milton Keynes, MK9 1DZ. High Yielding Refurbishment Opportunity
Investment Sale 252 Bouverie Square, Upper Third Street, Central Milton Keynes, MK9 1DZ High Yielding Refurbishment Opportunity Investment Summary 2,072.72 sq m (22,311 sq ft) office building Good property
More informationTHE HARTLEY PENSION SCHEME
THE HARTLEY PENSION SCHEME PROPERTY PURCHASE QUESTIONNAIRE Member Name Scheme Number SECTION 1 - PROPERTY DETAILS of Property Postcode Description of the Property: (Offices, Shop, Industrial Unit, Land?)
More informationProperty notes for the AJ Bell Investcentre SIPP
Property notes for the AJ Bell Investcentre SIPP Contents Introduction 3 The property 3 The seller 3 Valuations 3 Energy Performance Certificate 3 Trustee borrowing 4 The purchase 4 Property management
More informationTHE TRAFFORD CENTRE LIMITED QUARTERLY REPORT. CASHFLOW STATEMENT AND MANAGEMENT COMMENTARY FOR THE PERIOD ENDING 31 December 2017
THE TRAFFORD CENTRE LIMITED QUARTERLY REPORT CASHFLOW STATEMENT AND MANAGEMENT COMMENTARY FOR THE PERIOD ENDING 31 December 2017 340,000,000 Class A2 6.50 per cent. Secured Notes due 2033 120,000,000 Class
More informationHansteen Interim Results. Heads of the Valley, Rhymney
2018 Interim Results Heads of the Valley, Rhymney Investor and Analyst Presentation 22 August 2018 Introduction Urban industrial / logistics specialist Seven regional UK offices High yielding built portfolio
More informationSmall Self Administered Scheme. Property Notes
Small Self Administered Scheme Property Notes Contents 1. Introduction... 3 2. The Property... 3 3. The Vendor... 3 4. The Legal Owners... 3 5. Valuations... 4 6. The Purchase... 4 7. Tenants... 4 8. Lease...
More informationFRASERS CENTREPOINT LIMITED (Incorporated in the Republic of Singapore) (Company Registration No G)
FRASERS CENTREPOINT LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 196300440G) PROPOSED JOINT ACQUISITION OF HEREF FARNBOROUGH LIMITED WHICH HOLDS FARNBOROUGH BUSINESS PARK
More informationBlackburn House Eastern Road, Romford, Essex, RM1 3PJ. Well Secured Modern South East Office Investment
Blackburn House 22-26 Eastern Road, Romford, Essex, RM1 3PJ Well Secured Modern South East Office Click To Enter > Modern purpose built office building with part red brick and part glazed façade in a prime
More informationFreehold Reversionary City Centre Office Investment
Freehold Reversionary City Centre Office Investment BRISTOL Monarch House, Queen Charlotte Street, BS1 4EX Investment Summary Central Bristol location close to Queen Square Multi-let modern offices on
More informationLSL New Build Index. The market indicator for New Builds September The New Build Housing Market
LSL New Build Index The market indicator for New Builds September 2018 In the year to end Aug 2018 new build house prices rose on average by 5.1% across the UK which is down on last year s figure of 9.8%
More informationProperty: Guardsman Tony Downes House, 5 Manchester Road, Droylsden M43 6SF
Norfolk House 7 Norfolk Street Manchester M2 1DW T: +44 (0)8449 02 03 04 F: +44 (0)161 956 4009 04B710303/ES09 29 th September 2017 Greater Manchester Pension Fund Guardsman Tony Downes House 5 Manchester
More informationAgricultural land - farm sales framework
Agricultural land - farm sales framework Introduction The requirements of The Crown Estate Act 1961 as amended by the Scotland Act 2016, place a statutory responsibility on Crown Estate Scotland (Interim
More informationRICHMOND 53 GEORGE ST TW9 1HJ. Prime High Street Freehold INVESTMENT FOR SALE
Prime High Street Freehold INVESTMENT FOR SALE Investment summary Highly affluent London Borough of Richmond; 100% prime George Street location; Freehold; Arguably most prominent unit on George Street;
More information4Q & FY16/17 Financial Results
4Q & FY16/17 Financial Results 24 April 2017 Important Notice This presentation shall be read in conjunction with Mapletree Industrial Trust s ( MIT ) financial results for Fourth Quarter Financial Year
More informationFoliot House and 3-5 Brooklands Office Campus
Foliot House and 3-5 Brooklands Office Campus FOR SALE BUDSHEAD ROAD CROWNHILL PLYMOUTH DEVON PL6 5XR SUMMARY Established office location in Crownhill, Plymouth with easy access to A38 Two office buildings
More informationProperty Purchase Guide
Property Purchase Guide Property Purchase Flow Chart Property identified by member and Property Questionnaire submitted to Yorsipp Ltd. Yorsipp (Trustees) Ltd will instruct the appropriate parties and
More informationA smart approach to commercial assets
A smart approach to commercial assets Working in partnership with Today s speakers Bob Agnew Partner, Head of Commercial Real Estate Croftons Solicitors Gareth Kreike Managing Director Longden & Cook Real
More informationEAGLE STAR HOUSE 11 FRIAR LANE, LEICESTER LE1 5RB GOVERNMENT LET OFFICE INVESTMENT
EAGLE STAR HOUSE 11 FRIAR LANE, LEICESTER LE1 5RB GOVERNMENT LET OFFICE INVESTMENT Investment Summary Attractive office building located in Leicester city centre Let to Leicester City Council with approximately
More informationInvestment Sale. Office Investment Opportunity. Sundance House Staniland Way Werrington Peterborough PE4 6FN
Investment Sale Office Investment Opportunity Staniland Way Werrington Peterborough PE4 6FN , Staniland Way, Werrington, Peterborough PE4 6FN Executive Summary Well configured office building providing
More informationFor Sale. unicentre. Lords Walk Preston Lancashire PR1 1DH. High Yielding City Centre Multi Let Office Investment Let to Government Tenants
For Sale unicentre Lords Walk Preston Lancashire PR1 1DH High Yielding City Centre Multi Let Office Investment Let to Government Tenants Investment Considerations > Multi Let City Centre office in Preston
More informationCommercial Property Works Guide
Commercial Property Works Guide (For James Hay Modular isipp, Private Client SIPP, Select SIPP, Wrap SIPP, Partnership SIPP, Family SIPP, IPS SIPP, IPS (2008) SIPP and IPS Pension Builder only) James Hay
More informationDVLA, Sandringham Park, Swansea, SA6 8AJ. Grade A Business Park Office Investment Let to the Government
DVLA, Sandringham Park, Swansea, SA6 8AJ Grade A Business Park Office Investment Let to the Government INVESTMENT SUMMARY Modern well specified Swansea office investment in an established business area.
More informationProperty Notes. Self Invested Personal Pension
Self Invested Personal Pension Property Notes The Financial Conduct Authority is the independent financial services regulator. It requires us, AJ Bell Management Limited, to give you this important information
More information136/140 High Street GUILDFORD
136/140 High Street GUILDFORD PRIME FREEHOLD HIGH STREET INVESTMENT FOR SALE INVESTMENT SUMMARY The highly affluent south east town of Guildford is one of the UK s premier retail destinations outside of
More informationHighlands House, Highlands Road, Shirley, Solihull B90 4ND
,,, INVESTMENT SUMMARY > > Opportunity to acquire a multi-let office building with asset management potential. > > Prominently located on, part of the Monkspath Estate with good access links to the M42
More informationFREEHOLD INDUSTRIAL ESTATE INVESTMENT OPPORTUNITY STATION APPROACH, FROME, BA11 1RE
FREEHOLD INDUSTRIAL ESTATE INVESTMENT OPPORTUNITY STATION APPROACH, FROME, BA11 1RE INVESTMENT SUMMARY Established multi-let industrial estate, well located directly opposite Frome Railway Station. Situated
More information32-38 MARKET PLACE, ODEON ARCADE, LEICESTER LE1 5HJ PLANNING CONSENT FOR 100 STUDENT STUDIOS FOR SALE KEY FEATURES. T: vailwilliams.
PLANNING CONSENT FOR 100 STUDENT STUDIOS FOR SALE KEY FEATURES Consent for 100 Studios City Centre Location Income Producing Ground Floor Retail 6 minute walk to University LOCATION The property stands
More information2-4a Southgate Street, Gloucester Prime & Prominent Corner Retail Unit Located On The Cross Property Consultants
2-4a Southgate Street, Gloucester Prime & Prominent Corner Retail Unit Located On The Cross Property Consultants Derby Shrewsbury M1 M5 4 Investment Summary A49 A487 Retailing in Gloucester A1(M ) Aberystwyth
More informationSSAS Information Booklet Property Investment
SSAS Information Booklet Property Investment About property investments Property investment within a SSAS is complex. This booklet aims to help you to understand the processes involved. However, it is
More informationProject Economics: The Value of Leasing. Russell Banham, Savills
ICSC European Retail Property School Project Economics: The Value of Leasing Russell Banham, Savills (Investment, Development & Asset Management) Introduction Who I am Russell Banham Over 30 years of experience
More informationFOR SALE. North Tower. Waterside Tower. Office Investment. 31 Clarendon Road, Clarendon Dock, Belfast BT1 3BG NEXT.
FOR SALE Waterside Tower North Tower Office Investment Clarendon Dock is regarded as one of Belfast s premier business addresses with high profile occupiers including Belfast Harbour Commissioners, Council
More informationWith you in business, with you in life. blasermills.co.uk. Real Estate & Development
With you in business, with you in life. blasermills.co.uk Real Estate & Development Blaser Mills Law is one of the top law firms in the South East. We offer a fresh approach to law, with a focus not only
More informationProperty Consultants making a real difference to your business
Property Consultants making a real difference to your business Making commercial sense of property Focused on commercial benefits Making property add value to your business In everything we do, we are
More informationOLD MILL SQUARE SHOPPING CENTRE STORRINGTON WEST SUSSEX, RH20 4NQ
OLD MILL SQUARE SHOPPING CENTRE STORRINGTON WEST SUSSEX, RH20 4NQ Shopping Centre Investment Opportunity Making commercial sense of property INVESTMENT SUMMARY Established shopping centre located in the
More information20 Year Convenience Store Investment
Photo taken prior to tenant fit out. Indicative shop front. 20 Year Convenience Store Investment Midcounties Co-Op, 15-17 Humber Road, Coventry CV3 1AT INVESTMENT SUMMARY n Located on edge of Coventry
More informationQ RESULTS 15 MAY 2018 TLG IMMOBILIEN AG Q RESULTS
TLG IMMOBILIEN AG Q 208 RESULTS DISCLAIMER This presentation includes statements, estimates, opinions and projections with respect to anticipated future performance of TLG IMMOBILIEN ("Forward-Looking
More informationDerwent London plc Interim results 2013
Derwent London plc Interim results 2013 Contents Presenters: John Burns Simon Silver Damian Wisniewski Nigel George Paul Williams David Silverman Contents: Page Introduction 2 Results and financial review
More informationINVESTMENT IN COMMERCIAL PROPERTY
INVESTMENT IN COMMERCIAL PROPERTY This guide explains our approach to investment in commercial property through both Family Suntrust (FST) and the Retirement Wealth Account (RWA). We want to help guide
More informationMajor City Centre Redevelopment Opportunity 29,249 sq ft (2,718 sq m) St Andrew s Court
Major City Centre Redevelopment Opportunity 29,249 sq ft (2,718 sq m) www.vickeryholman.com www.m7propsearch.co.uk St Andrew s Court St Andrew s Street, Plymouth, Devon, PL1 2AH Vacant possession available
More informationBELGRAVE RETAIL PARK Wisbech PE14 0SL
BELGRAVE RETAIL PARK Wisbech PE14 0SL PRIME RETAIL WAREHOUSE ENTER Prime retail warehouse park located in a strong and growing market town. Situated within an established retail destination, including
More informationFINCHLEY GATE Regent s Park Road, London N3 2JU
Greater London Reversionary Multi-Let Office Investment Opportunity DOVE HOUSE GADD HOUSE COOPER HOUSE Executive Summary Greater London multi-let office investment with active asset management potential.
More informationProperty Guide. Strong partnerships, better results DECEMBER Property Guide Ref: 12/16 Page 1 of 17
Property Guide Strong partnerships, better results DECEMBER 2016 Property Guide Ref: 12/16 Page 1 of 17 Contents 03 Investing In Property 04 Before You Start A Few General Rules 05 Property You Already
More informationLocal knowledge, regional outlook
Local knowledge, regional outlook BA Commercial is an independent property consultancy operating across Cheshire and North Wales. Providing advice for over 50 years, we are the region s longest established
More information7-8 EAST STREET, TAUNTON, TA1 3LQ S O L D
Prime East Street location Well configured retail unit built in 2005 Let to Tony Pryce Retail Ltd Trading as Animal/Inter Sport Let until May 2020 without break Income 105,000 per annum Rebased rent and
More informationPRIME OFFICE INVESTMENT NPOWER BIRCHFIELD HOUSE, BIRCHLEY PARK OLDBURY, B69 2AQ J2 M5 MOTORWAY WEST MIDLANDS
PRIME OFFICE INVESTMENT NPOWER BIRCHFIELD HOUSE, BIRCHLEY PARK OLDBURY, B69 2AQ J2 M5 MOTORWAY WEST MIDLANDS INVESTMENT SUMMARY Well secured modern office investment strategically located at Birchley Park
More informationAt Knight Frank Occupier Solutions, we make it our business to know your business.
1 At Knight Frank Occupier Solutions, we make it our business to know your business. Your organisation is your passion, and your objectives are paramount. At Knight Frank Occupier Solutions, we take the
More informationSEGRO plc Cunard House T +44 (0) Regent Street F +44 (0) London SW1Y 4LR
1 SEGRO plc Cunard House T +44 (0) 20 7451 9100 15 Regent Street F +44 (0) 20 7451 9150 London SW1Y 4LR www.segro.com/investors 2018 FULL YEAR PROPERTY ANALYSIS REPORT 2 ABOUT SEGRO 3 Overview 5 Combined
More informationFOR SALE. Stirling City Centre Townhouse Investment 7 MELVILLE TERRACE STIRLING
FOR SALE Stirling City Centre Townhouse Investment 7 MELVILLE TERRACE STIRLING 7 MELVILLE TERRACE STIRLING FK8 2ND INVESTMENT SUMMARY: Stirling is the gateway to the Scottish Highlands and a major retail,
More informationUnits C1 & C2. Avenue Industrial Estate Pentwyn CF23 8HE PRIME REVERSIONARY SINGLE LET INVESTMENT
PRIME REVERSIONARY SINGLE LET INVESTMENT Selling on behalf of A C Wright & S J Hunt - Joint LPA Receivers INVESTMENT SUMMARY Strategically situated in an established industrial location, with easy access
More information> a fresh approach to property investment
investment summary > location & description > tenure / tenancy & proposal > investment considerations > downloads > contact > > a fresh approach to property investment investment summary < location & description
More informationInvestment Sale Connaught House, 850 The Crescent, Colchester Business Park CO4 9QB. South East Business Park Investment Sale
Investment Sale Connaught House, 850 The Crescent, Colchester Business Park CO4 9QB South East Business Park Investment Sale Connaught House, 850 The Crescent, Colchester Business Park CO4 9QB Executive
More informationShaping the future of Ireland
Shaping the future of Ireland GVA Donal O Buachalla gva.ie Ulster Bank, George s Quay - management, valuation and insolvency services provided to Ulster Bank and RBS throughout Ireland and the UK At the
More informationNRE: Creating Value for Shareholders. March 13, 2018
NRE: Creating Value for Shareholders March 13, 2018 Forward Looking Statement This presentation may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationThere are two product options available for customers who want to take out an Over 55 Buy-to-Let Mortgage.
What is it? Our Over 55 Buy-to-Let Mortgages are secured on a Buy-to-Let property. There are a range of options, allowing your client to choose whether they service the interest and capital, or let the
More informationQRE ADVISORY SERVICES QRE. St. Martin s House, Waterloo Road, Dublin 4. Prepared by:
QRE ADVISORY SERVICES Prepared by: QRE St. Martin s House, Waterloo Road, Dublin 4 QRE QRE is a wholly owned subsidiary of the Space Property Group and was established to drive the innovations needed in
More informationModern Business Park Office Investment Opportunity. 4 Barton Close, Grove Park, Leicester LE19 1SJ
Modern Business Park Office Investment Opportunity 4 Barton Close, Grove Park, Leicester LE19 1SJ INVESTMENT SUMMARY n Prime business park office investment n Let to Opsec Security Limited with a further
More informationFrasers Centrepoint Trust
Frasers Centrepoint Trust Financial Results Presentation for the Third Quarter FY2018 ended 30 June 2018 24 July 2018 Important notice Forward-looking statements Certain statements in this Presentation
More informationFOR SALE ALTEC CENTRE. Quality Multi-let Office Investment. Minto Drive, Altens, Aberdeen, AB12 3LW
FOR SALE Quality Multi-let Office Investment ALTEC CENTRE Minto Drive, Altens,, AB12 3LW Investment Summary Altens is one of the prime and best located commercial areas in Two office blocks providing seven
More informationOCCUPIER SERVICES OCCUPIER SERVICES STRATEGIC PROPERTY PORTFOLIO ADVICE AND TENANT REPRESENTATION
OCCUPIER SERVICES OCCUPIER SERVICES STRATEGIC PROPERTY PORTFOLIO ADVICE AND TENANT REPRESENTATION OCCUPIER SERVICES OCCUPIER SERVICES Strutt & Parker was founded by two old school friends in 1885 and is
More informationNotes: Kennedy Wilson Europe Real Estate Plc (LSE: KWE) Kennedy Wilson Europe Real Estate Plc 2014 Results to 31 December 2014
Notes: 1 Kennedy Wilson Europe Real Estate Plc (LSE: KWE) Kennedy Wilson Europe Real Estate Plc 2014 Results to 31 December 2014 Notes: 1 2 3 4 5 Includes 351m raised from secondary offering in October
More informationHADDEN HILL RETAIL PARK DIDCOT, OX11 9DA THE GARDEN TOWN S ONLY RETAIL PARK PRIME & SECURE INVESTMENT OPPORTUNITY IN GROWING CATCHMENT
HADDEN HILL RETAIL PARK DIDCOT, OX11 9DA THE GARDEN TOWN S ONLY RETAIL PARK PRIME & SECURE INVESTMENT OPPORTUNITY IN GROWING CATCHMENT Didcot is a south east commuter town located approximately 12 miles
More informationTotal Fitness. Kingston-Upon-Hull. Long Income Single Let Leisure Investment. Willerby Business Park HU10 6ED
Total Fitness Willerby Business Park Kingston-Upon-Hull HU10 6ED Long Income Single Let Leisure Investment Investment Summary High yielding long income single-let leisure investment. Located on Willerby
More informationUNITS 3& MILL STREET ALLOA FK10 1DT FOR SALE PROMINENT RETAIL INVESTMENT OFFERS OVER 175,000 (11.75% NIY) Sheridan Property Consultants
FOR SALE UNITS 3&4 8-10 MILL STREET ALLOA FK10 1DT PROMINENT RETAIL INVESTMENT OFFERS OVER 175,000 (11.75% NIY) Sheridan Property Consultants Investment Summary: Rare opportunity to acquire a prime retail
More informationFreehold Multi-Let City Centre Office Investment
Freehold Multi-Let City Centre Office Investment Anchor House, The Maltings, Silvester Street Kingston-Upon-Hull Investment Summary Purchase price in excess of 3,420,000. Net initial yield of 7.0%. Reversionary
More information20/32 Abington Street & 4/6 Fish Street, Northampton PRIME FREEHOLD RETAIL BLOCK FOR SALE
20/32 Abington Street & 4/6 Fish Street, Northampton PRIME FREEHOLD RETAIL BLOCK FOR SALE Freehold property, let to the excellent covenants of HSBC Bank, Vodafone, Virgin Media, William Hill & Select 20/32
More informationGROVELANDS INDUSTRIAL ESTATE
GROVELANDS INDUSTRIAL ESTATE LONGFORD ROAD, COVENTRY, CV7 9ND 10.65 6.1 8.50 958 MILLION YEARS PERCENT THOUSAND POUNDS WAULT N.I.Y RENT PA HIGH YIELDING FREEHOLD MULTILET INDUSTRIAL INVESTMENT INVESTMENT
More informationCo. Antrim BT28 1AW. HIGH YIELDING INVESTMENT OPPORTUNITY Triple net yield 10.77%
Co. Antrim BT28 1AW HIGH YIELDING INVESTMENT OPPORTUNITY Triple net yield 10.77% INVESTMENT CONSIDERATIONS Bow Street Mall forms the dominant retail offer in Lisburn and serves the wider Belfast Metropolitan
More informationCorporate Presentation 3 rd Quarter 2017 Financial Results
Corporate Presentation 3 rd Quarter 2017 Financial Results 17 November 2017 Important Notice This presentation is for information only and does not constitute an invitation or offer to acquire, purchase
More informationUNITS 4-C BLEACHCROFT WAY
FREEHOLD MULTI-LET INDUSTRIAL, TRADE COUNTER AND RETAIL WAREHOUSE INVESTMENT OPPORTUNITY INVESTMENT CONSIDERATIONS Freehold multi-let industrial, trade counter and retail warehouse investment opportunity
More informationPROPOSED ACQUISITION OF 107 EUNOS AVENUE 3, SINGAPORE
SABANA SHARI AH COMPLIANT INDUSTRIAL REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 29 October 2010 under the laws of the Republic of Singapore) 1. INTRODUCTION PROPOSED ACQUISITION
More informationFOR SALE. Sheridan Property Consultants CITY CENTRE TOWNHOUSE OFFICE INVESTMENT OFFERS OVER 575,000 (6.63% NIY)
FOR SALE 148-150 WEST REGENT STREET GLASGOW G2 1RW CITY CENTRE TOWNHOUSE OFFICE INVESTMENT OFFERS OVER 575,000 (6.63% NIY) Sheridan Property Consultants Executive Summary: Prime Townhouse Office Investment
More informationKENNEDY WILSON EUROPE REAL ESTATE PLC ( KWE, the Company or the Group ) Q1-17 BUSINESS UPDATE
5 May 2017 KENNEDY WILSON EUROPE REAL ESTATE PLC ( KWE, the Company or the Group ) Q1-17 BUSINESS UPDATE Kennedy Wilson Europe Real Estate Plc (LSE: KWE), an LSE listed property company that invests in
More informationInvincible Investment Corporation Follow on Acquisition and Disposition
Invincible Investment Corporation Follow on Acquisition and Disposition TSE Code : 8963 July 25, 2017 Deal Summary Portfolio rebalance, acquiring new addition of Hotel MyStays Gotanda Station at a 7.3%
More informationCAPITALAND COMMERCIAL TRUST ANNOUNCEMENT DIVESTMENT OF WILKIE EDGE
CAPITALAND COMMERCIAL TRUST (Constituted in the Republic of Singapore pursuant to a trust deed dated 6 February 2004 (as amended)) ANNOUNCEMENT DIVESTMENT OF WILKIE EDGE 1. INTRODUCTION 1.1 Divestment
More informationPRIME FREEHOLD RETAIL INVESTMENT 3/4 COMMERCIAL STREET, HEREFORD HR1 2AJ
PRIME FREEHOLD RETAIL INVESTMENT INVESTMENT SUMMARY Prime Location on north side of High Town Shop and vacant upper floors Potential for upper part residential conversion Let to Steamer Trading Ltd Lease
More informationHOUSING REGENERATION LAND ACQUISITION STRATEGY. Strategy for the acquisition of land for estates undergoing redevelopment
HOUSING REGENERATION LAND ACQUISITION STRATEGY Strategy for the acquisition of land for estates undergoing redevelopment Prepared for London Borough of Lambeth by Ardent with contributions from BDB and
More informationTHE COPELAND CENTRE AND MORESBY PARKS DEPOT LEASE OF PART. Fiona Rooney, Director of Commercial and Corporate Resources. Manager.
THE COPELAND CENTRE AND MORESBY PARKS DEPOT LEASE OF PART EXECUTIVE MEMBER: LEAD OFFICER: REPORT AUTHOR: Councillor Lena Hogg (Land and Property). Fiona Rooney, Director of Commercial and Corporate Resources.
More informationNEW PALACE PLACE, MONCK STREET, LONDON SW1P 2BL TENANCY SCHEDULE 15/03/2010
NEW PALACE PLACE, MONCK STREET, LONDON SW1P 2BL TENANCY SCHEDULE 15/03/2010 Unit Use Tenant Area (sq ft) Lease Start Lease Expiry (Break) Review Unexpired Term Certain Rent per annum (per sq ft) ERV per
More informationFY18 Financial Results 11 October 2018
FY18 Financial Results 11 October 2018 Disclaimer This presentation is for information only and does not constitute an invitation or offer to a c q u i r e, p u r c h a s e or s u b s c r i b e f o r u
More informationProperty Form. for the Suffolk Life SIPP and MasterSIPP
Property Form for the Suffolk Life SIPP and MasterSIPP This document is part of a set, all of which should be read together: Key Features Personal Illustration Schedule of Fees Schedule of Allowable Investments
More information