National

Location: Nationwide
Size: 1,520,000 sq ft
Type: Office, Retail, Warehouse, High Street Retail
Partner: Harbert Management Corporation

Description

A portfolio of 46 UK assets. It provides a total of 1,520,000 sq ft of office, high st retail and retail warehouse accommodation.

Objectives

  • Early sale of secondary assets to create a core office and retail warehouse portfolio.
  • To increase the NOI by actively asset managing the properties through refurbishment, rebranding, letting vacant space at the same time as reducing operating costs and service charges.
  • Once stabalised, the assets were sold down between 2018-2021 with only 2 assets remaining in 2024.