Investment Manager
Leeds, United Kingdom
Asset and property management of a Northern portfolio comprising 1.3 million square foot of industrial, offices, retail, leisure and development land delivering strategic asset management, property management and value-add initiatives for the national Swedish pension fund AP1-AP4 covering assets valued at c. £130m. Negotiation and management of 81 transactions, covering circa 418,000 sq. ft. of lettings/renewals and £3.463m added in annual rent.Achievements:• Letting 49,000 sq. ft. of office space across ten transactions at a flagship Grade II Listed Deansgate office in Manchester, adding more than £1,125,000 of annual rent and increasing the ERV from £16psf to £25.50 psf in under 18 months following a £3m refurbishment. Capital valuation increased threefold. • Following an existing tenant entering administration, I oversaw the refurbishment of a 42,000 sq. ft. unit at a multi-let industrial estate in Manchester and secure a new tenant through a turn-key letting, minimising void period and costs. I went on to let circa 59,600 sq. ft. of units across 13 transactions.• Obtaining change of use and listed building consent for a new letting to Arc Inspirations, Manahatta. Negotiated a new 25-year lease and obtained an £85,000 uplift in the annual rent and 8% turnover share. Oversaw £300,000 of landlord capex works under an agreement for lease.• Lease re-gear to Royal Mail on a 20,174 sq. ft. warehouse in Liverpool, 10% rental uplift and removing a tenant break option and rent review and extending the term certain to 11 years.• Letting 45,231 sq. ft. across 11 warehouse units at Hawick Trading Estate in Newcastle. Increasing the ERV from £4.00 psf to £6.00 psf.• 10 year letting at an office building in Sale. 14,400 sq. ft. to a blue-chip financial services firm, having stood vacant for 18 months.• Managing a £7m disposal of two office assets in Newcastle, and a £16.3m disposal of 268,000 sq. ft. across three multi-let industrial assets.