- We target “core” and “core-plus” assets in the £10-25 million lot size range, with a net yield over the hold period in excess of 6.5%.
- We acquire assets offering identifiable opportunities to add value through our entrepreneurial approach to asset management; often they are non-institutional, which we transform into institutional-grade assets.
- We are not benchmark driven. We invest in the three main property sectors without regard to property relative return benchmarks.
How we generate shareholder value:
Intensive and entrepreneurial asset management
Our team aims to deliver value through a unique and focused style of managing assets, which we believe delivers superior returns. We have a resource-driven platform to identify opportunities within each asset to add value. It is not uncommon for more than one member of the team, with their different skill sets, to work together to set and execute the agreed business plan. Generally we adopt a ratio of 3-5 assets per surveyor to ensure we focus on exploiting the asset management opportunities.
Our team has an extensive network of market-facing contacts and has research-informed, market-aware expertise, which enables us to identify assets that will deliver attractive returns.
We select our investments based on a thorough assessment of the opportunities in order to find properties which are either mispriced or offer the potential to add value through active asset management. We appraise cash flow before bricks and mortar.
Our investment risk is spread through investing in a variety of assets with a diverse range of tenants, lease lengths and covenant strengths across geographical areas and sectors. While we invest in the principal commercial property sectors, we do not diversify for diversification’s sake and it is always with an eye to asset performance.