TRACK RECORD EXAMPLES

Private Clients

Bank Workout

private equity

insTitutional

Hayes Data Centre, Hayes

Hays Data Centre, Hays

  • Private Client
  • The Data Centre is 15 miles west of Central London – c. 105K sq ft (Technical Space is c. 38K sq ft)
  • Purchased in 2019 for £13.68M from receiver/administrator
  • Negotiated surrender of existing lease for a substantial premium
  • Created new operating company, Trinity Data Centres Ltd, to take over the responsibility for managing the centre and launched a marketing campaign aimed at building a customer base of co-location tenants
  • APAM negotiated a surrender of the lease to Deutsche Bank in Dec 19 for an £8M premium. The subtenant CenturyLink remained in place paying a rent of c. £700K pa
  • APAM agreed to purchase an adjacent industrial property from five separate owners in order to expand the site to attract a hyper scale operator
  • Retained as an integrated investment, asset and property manager, and corporate service provider.
60 Spring Gardens, Manchester

60 Spring Gardens, Manchester

  • Private Client
  • A c. 26K sq ft office building in Manchester City Centre
  • Purchased for £7.8M March 2016; current AM initiatives have increased value to in excess of £10M
  • AM initiatives included a surrender of four floors and two pre-lets agreed at ground floor to Black Sheep Coffee & Six by Nico. A comprehensive refurbishment was undertaken in November 2019
  • The ERV of the office space has increased from £17.50 psf to £26.50
  • Retained as integrated investment, asset and property manager, and corporate service provider
Ventana House, Sheffield

Ventana House, Sheffield

  • Private Client
  • A c. 49.5K sq ft office building in Sheffield City Centre
  • Purchased off market from a retail investment fund in 2020 for £14.65M
  • Multi-let to strong tenants with a WAULT of 5.1 years
  • Asset management opportunity to capture rental reversion over the short-medium term in a supply constrained local market
  • Nominated for ‘Property Deal of the Year” award in 2020 by Insider Media
  • Retained as integrated investment, asset and property manager.
36 Park Row, Leeds

36 Park Row, Leeds

  • Private Client
  • Purchased in 2017 for £4.5M from an institutional asset manager
  • APAM undertook a comprehensive c. £1.9M two phase refurbishment and upgrade programme of all vacant office accommodation and common parts including the addition of new basement WC, shower and changing facilities
  • Re-branded the property and all marketing materialImplemented significant service charge efficiencies whilst implementing extensive planned preventative maintenance work
  • Within first 21 months secured 7 new lettings totalling 14.4K sq ft
  • ERV increased from £15 to £24 psf
  • Sold for £9.6M, 9 months ahead of Business Plan timing
Dunstable

Dunstable

  • Private Client
  • A c. 262K sq ft vacant Leisure Centre
  • APAM consensually purchased from the client for £2.4M in February 2017
  • APAM agreed a long lease with the NHS subject to a £1.5M refurbishment and hospital fit out
  • Sold in 2017 for £6.25M
Scroll to Top