Trade Counter Portfolio Breakup

  • Acquired portfolio of Howdens Trade Counters.
  • Portfolio spread across the UK with a number of assets in Scotland.
  • Portfolio included some “dirty” assets with schedules of condition and potential environmental liabilities.
  • Asset managed portfolio by extending leases and selling units individually to enhance returns.
    • Investments Track Record

    • Central London Office to Hotel Conversion
      Deal Size: Duration: IRR:
      c£100m 36 months 20%
    • Industrial to Flexible Office Conversion
      Deal Size: Duration: IRR:
      c£10m 13 months 55%
    • Investment in UK Pub Business
      Deal Size: Duration: IRR:
      c£1.5m Ongoing 16%
    • Office to Residential Conversion
      Deal Size: Duration: IRR:
      c£20m Ongoing 10%