More Case Studies

Residential conversion of disaster recovery centre 

We identified substantial regeneration potential and achieved an IRR of 100% during our 18 month ownership.

Nightclub in top European retail destination

The location became the most expensive retail street in Europe during our period of ownership resulting in a significant uplift in value upon sale.

Extension of industrial unit and lease reorganisation

Our tenant Siemens Plc needed more space for their growing business operations.

• We funded a new £1m+ warehouse and office extension increasing the unit by almost 50%.
• Siemens Plc agreed a new 14 year lease extension with guaranteed 5 yearly rent uplifts.
• In a falling property market, we achieved an IRR of 12% upon disposal of the investment.

Monetisation of vacant space

We purchased this investment from a major institution.

The two upper floors, adjoining shop unit and basement space had been vacant (non-income producing) for many years.

Upper floors

• Within 6 months of acquisition we sold the vacant floors with planning permission to a local developer.
• 60% of the sale price was used to pay down the mortgage
• The developer created 6 high quality residential units, now sold to owner occupiers
• Our tenant (Nationwide) was supportive throughout the conversion

Shop unit

• We replaced the shop frontage to preserve the character of the local conservation area
• We secured a long lease (10 years no breaks) to a highly regarded local jewellery business

Basement space

• The sizeable basement (shell and core condition) offers further letting potential. Suitable for a range of uses such as leisure / gym facilities or secure storage.

From Hotel to Home: Transforming Accommodation for Students

In recent years, the demand for student accommodation has surged, driven by increasing enrolment rates. This trend has led to innovative solutions to accommodate students in urban areas where space is limited. This led us to repurpose the existing Travel Lodge structure into student accommodation.

Construction work commenced on the site in September 2022 and completed within 10 months in July 2023 to successfully allow for student occupation at the start of the university’s autumn term.

Space Utilisation

101 Hotel rooms have been adapted to create comfortable and functional student studios and apartments maintaining privacy and comfort.

Amenities

Facilities have been reconfigured into dining areas, lounge and recreational spaces and fitness facilities to meet the needs of student residents.

The accommodation is located in a bustling area near to a prestigious university catering to the student demographic.

A leading provider of emergency veterinary care in the UK operating with the mission to deliver high-quality emergency services to pet owners.

A distinguished retail boutique, known for its exquisite craftmanship and specialising in bespoke high quality creations.

Central London office 

When the sole occupier of this 115,000 sq ft office block served notice to vacate we successfully repositioned in the market resulting in enhanced income.

• Remodelled using dilapidations proceeds
• Obtained planning consent for a change of use (ground floor office to retail)
• Successfully repositioned the building as a modern, multi-tenanted office with retail
• Fully re-let the property (80% within 6 months)
• Refinanced the investment in a challenging debt refinance market