London
Client: UK lender
Asset: Freehold, City of London HQ office building
Role: Appointed LPA Fixed Charge Receivers
Workflows: Full asset due diligence, management review, exit strategy, investment agency, transaction management to exit
Regional
Client: Joint administrators
Asset: Freehold, residential investment
Role: Lead real estate advisor
Workflows: Full asset due diligence, expenditure review and management, options review and strategy, investment agency, transaction management to exit
National
Client: Joint Administrators
Asset: 300,000 sq ft UK hangar portfolio at London, Luton and Birmingham International Airports
Role: Lead real estate advisor
Workflows: Full asset due diligence, options review and strategy, stakeholder management, agency, and transaction management to exit
National
Client: Joint administrators
Asset: 350 residential properties and development sites across the UK
Role: Lead real estate advisor
Workflows: Full asset due diligence, asset stabilisation and management, options review and strategy, transaction management to exit
National
Client: UK lender
Asset: Student accommodation, 370 Bed
Role: Appointed fixed charge receiver
Workflows: Property and facilities management review, full asset due diligence, letting strategy, asset management, agency and transaction management
National
Client: German Lender
Asset: City Centre retail, 280,000 sq ft
Role: Appointed fixed charge receiver
Workflows: Project management review, technical building review, stakeholder management, options and strategy report, agency and transaction management
Regional
Client: German corporate
Asset: UK distribution hub
Role: Lead real estate advisor
Workflows: Strategic review of UK property holdings, asset review and strategy advisory prior to agency and transaction management to exit’
Regional
Client: Turnaround private equity
Asset: 180,000 sq ft distribution and office HQ
Role: Lead real estate advisor and debt advisory services
Workflows: Real estate due diligence at the point of business acquisition, real estate debt advisory, investment agency in form of corporate sale and leaseback, transaction management to completion
London
Client: UK Lender
Asset: Consented development site of 85 Key Hotel, ancillary bar/restaurant and 9 residential units
Role: Fixed Charge Receivers & Disposal Agents
Workflows: Statutory duties, exploring asset management opportunities, disposal strategy and planning / freeholder engagement to bring development forward
National
Client: Joint Administrators
Asset: Freehold industrial portfolio, 5 properties providing 200,000 sq ft across 21 acres
Role: Lead real estate advisor / agent
Workflows: Full asset due diligence, options review and exit strategy, sole agent across the portfolio
London
Client: UK Lender
Asset: Vacant Office with strong repositioning and asset management opportunities
Role: Fixed Charge Receivers & Disposal Agents
Workflows: Statutory duties, exploring asset management opportunities, disposal strategy and transaction management to exit
London
Client: Joint Fixed Charge Receivers
Asset: Freehold, Asset of Community Value Listed Pub
Role: Strategic real estate advisors and sole disposal agents
Workflows: Full asset due diligence, options review and strategy, stakeholder management, agency, and transaction management to exit
Regional
Client: UK lender
Asset: Modern inland marina with serviced berthing for 200 craft
Role: Joint LPA Fixed Charge Receivers
Workflows: Property and facilities management review, property management, asset stabilisation, agency and transaction management
Regional
Client: Joint Administrators
Asset: Freehold occupational industrial portfolio
Role: Lead Real Estate Advisor & sole disposal agents
Workflows: Sole real estate advisor and agent culminating in a private treaty marketing process, with asset disposals secured by way of independent transactions to owner occupier purchasers
London
Client: Joint Administrators
Asset: Residential Investment comprising 286 apartments
Role: Lead Real Estate Advisor & Disposal Agent
Workflows: Strategic review of property holdings, before agency and transaction management to exit
Regional
Client: UK Lender
Asset: Purpose Built Food Retail Premises
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options review and strategy proposal, property management, rent review negotiation, and transaction management culminating in sale to an institutional pension fund
Regional
Client: UK Lender
Asset: Mixed-use
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, strategic asset management and planning options review, landlord and tenant matters, service charge management, and transaction management to exit
Scotland
Client: Joint Administrators
Asset: Manufacturing Facility
Role: Lead Real Estate Advisor
Workflows: Strategic review of property holdings, strategy review, before agency and transaction management to exit.
Regional
Client: UK Lender
Asset: Freehold Part-built PBSA
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options review and strategy proposal, followed by full agency and transaction management
Regional
Client: UK Lender
Asset: Freehold Grade I Listed Moated Castle
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options and planning review, possession proceedings, full agency and transaction management
Regional
Client: UK Lender
Asset: Freehold Agricultural Land
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options review and strategy proposal prior to debt refinancing
Regional
Client: UK Lender
Asset: Freehold Retail Portfolio
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, ongoing strategic asset management, negotiation of new lettings and lease renewals, service charge management, agency and transaction management
Regional
Client: UK Lender
Asset: UK Distribution Hub
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options review and strategy proposal, negotiation and agreement of a lease to a national occupier, management of capital expenditure works before marketing and transaction management to exit
Regional
Client: UK Lender
Asset: Freehold Out of Town Retail Warehouse
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options review and strategy proposal, negotiation of ‘value-added’ lease re-gear before marketing and transaction management to exit
Regional
Client: Joint Liquidators
Asset: Agricultural Land
Role: Lead Real Estate Advisor & sole disposal agents
Workflows: Full asset due diligence, options review and strategy proposal, full agency and transaction management culminating in a sale to a local landowner
Regional
Client: Joint Administrators
Asset: Part-built PBSA
Role: Lead Real Estate Advisor & disposal agents
Workflows: Full asset due diligence, options review and strategy proposal, full agency and transaction management to exit
Regional
Client: UK Lender
Asset: PBSA-led mixed use development
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, management of asset to 100% occupancy, before agency and transaction management to exit
Regional
Client: UK Lender
Asset: Freehold Regional Hotel
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options and planning review, full agency and transaction management culminating in a vacant possession sale to a local operator
Regional
Client: UK Lender
Asset: Out of Town Retail Park
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, strategic asset management, landlord and tenant matters, service charge management
Regional
Client: UK Lender
Asset: Mixed-use
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options review and strategy proposal, service charge management, full agency and transaction management culminating in a sale to a local investor
Regional
Client: Joint Administrators
Asset: Portfolio of Development Opportunities
Role: Asset Advisory & Agency
Workflows: Full asset due diligence involving a portfolio of 50+ properties (commercial and residential mix), options review and strategy proposal, full agency and transaction management
Regional
Client: UK Lender
Asset: Countryside Public House and Restaurant
Role: Joint LPA Fixed Charge Receivers
Workflows: Full asset due diligence, options and planning review, full agency and transaction management to exit.
London
Client: London-headquartered debt fund
Asset: Part-built development of a 78-key hotel and 12,950 sq. ft. of office space
Role: Appointed as Receivers & Managers over building / contracts
Workflows: Overseeing the project to practical completion, managing the impact of main contractor insolvency, stakeholder management, transaction management to exit
Regional
Client: Higher education
Asset: UK occupational and investment estate
Role: 18 month interim support alongside the Head of Estates
Workflows: Full operational and investment estate review, asset management plan, asset management initiative implementation
National
Client: London headquartered peer-to-peer lender
Asset: UK development loan book comprising 50+ loans; Gross development value c £150m
Role: Interim position loan book workout
Workflows: 36 month workout, managed all day-to-day workflows with borrowers/stakeholders, loan and asset reviews, loan strategy implementation, facilitated refinancing and asset sales through to loan book workout
London
Client: European Lender
Asset: 6-bedroom luxury penthouse with 1,256 sq. ft. roof terrace and 3 underground parking spaces
Role: Joint LPA Fixed Charge Receivers
Workflows: Statutory duties, exploring asset management opportunities, disposal strategy and transaction management to exit
Regional
Client: UK Lender
Asset: Regional shopping centre anchored by Next, Iceland, Primark
Role: Appointed Fixed Charge Receiver
Workflows: Asset stabilisation via multiple negotiations including long lease renegotiations to reduce ground rent, occupational lease regears and carrying out new lettings. We also worked with the Local Authority to support the regeneration of the town for all stakeholders including undertaking a planning review to reallocate part of the site for residential use. We managed the transaction and agency to exit via a sale to the Local Authority.
National
Client: UK Lender
Asset: Portfolio comprised 11 prime hotels
Role: Receivership
Workflows: “Pre-pack” Receivership role incorporating valuation validation, legal due diligence, transaction management, through to deal execution.
Regional
Client: UK Lender
Asset: Anchored by Asda and Primark, over 353,000 sq.ft. across 62 units
Role: Consensual sale via tri-partite agreement
Workflows: Asset stabilisation, service charge account reconciliation, transaction management, agency through to sale completion.
Regional
Client: UK Lender / Administrator
Asset: 25 pubs in the North East and Yorkshire
Role: Asset management, Agency
Workflows: Due diligence, marketing advice, transaction management, portfolio sale
Regional
Client: UK Lender
Asset: The Dissington Estate includes three large farms, three farm smallholdings, neighbouring woodland, a fishing pond and a number of residential properties in Northumberland, about nine miles North West of Newcastle.
Role: Fixed Charge Receiver
Regional
Client: Government body
Asset: Strategic opportunity to deliver approximately 3,000 homes on 550 acres with associated uses and a commercial park that will form part of the Lincolnshire Lakes regeneration project
Role: Fixed Charge Receiver, an options review, which included a detailed market testing exercise. Entered into a Joint Venture agreement which runs for 15 years and utilises planning and development expertise to advance development.
South-East
Client: Joint Administrators
Asset: Industrial / distribution complex extending to 118,337 sq. ft. on self contained 8 acre site, situated in the Golden Triangle.
Role: Asset due diligence, strategy and sole agency
National
Client: Occupiers, Professional Advisors and Insolvency Practitioners
Asset: We have undertaken 25+ separate assignments providing leasehold portfolio advice across both national and regional retail, leisure and F&B chains. We have reviewed over 1,500 leasehold assets equating to in excess of 4.5m sq ft.
Role:Leasehold portfolio reviews in respect of estate restructurings, CVA’s and insolvency