TRACK RECORD EXAMPLES
Vancouver Quarter, King’s Lynn
- Appointed by Real Estate Debt Investment Fund
- c. 365K sq ft of space with 61 units. Occupiers include H&M, Sports Direct, Costa Coffee and Sainsbury’s
- APAM completed a joint venture in 2019 with the local council to provide the new development and continues to identify new ways in which the local stakeholders can benefit from its prime location
- Retained as integrated asset and property manager, and corporate service provider
The Rushes, Loughborough
- Appointed by Real Estate Debt Investment Fund
- c. 225K sq ft of mixed-use shopping centre. Occupiers include Tesco, Pure Gym and TK Maxx
- APAM was instructed in 2019 and is negotiating new and renewal leases with occupiers, collecting rent, compiling, implementing service charge budgets, and improving the centre’s offering for the local community
- Retained as integrated asset and property manager, and corporate service provider
City Park, Glasgow
- Appointed by Syndicate of Lenders
- A 300K sq ft multi-let office building on the fringe of the City Centre
- APAM instructed in 2011 and instigated a revised asset and marketing strategy for the property including a full refurbishment of the building
- Significantly increasing NOI from a negative to a positive +£3.5M and letting over 250K sq ft of office accommodation
- APAM provided asset and property management, and corporate services
- Sold in 2018 for £42M, c. £30M in excess of original valuation
Carr Hill, Doncaster
- Appointed by Anglo Irish Bank
- A c. 500K sq ft multi-let industrial warehouse in Doncaster
- APAM was instructed in 2012 to stabilise and asset manage the property
- Rebased the rents and let up the vacant space in a previously illiquid asset
- Sold in June 2013 (15.06% NIY) significantly ahead of business plan for £3.6M
Buck Street, Camden
- Appointed by Rollings Oliver / Zurich
- A 0.3-acre mixed-use development site in Camden
- APAM was appointed in 2013
- Negotiated with Camden to improve residential development scheme
- Identified LRT as potential special purchaser for underground extension
- Sold to LRT in January 2015 for £8 million (35% ahead of valuation)
Angel House, London
- Appointed by BDO / Zurich
- A 55K sq ft multi-let office and business centre in Docklands
- APAM instructed in 2013 as asset, property, and facilities manager on behalf of the administrator
- Identified planning potential and positioned the asset for future residential use with short term office lettings
- Sold to a residential developer for £17.5M, c. 9M above prevailing market valuation.
- APAM were retained post sale as property and facilities manager
Premier Inn, Manchester
- Appointed by Bank of Ireland
- c. 80K sq ft residential development site in administration
- APAM was instructed in 2010
- APAM managed the planning process and achieved a change of use to a hotel
- Secured Premier Inn on a new 25-year lease
- Forward sold in 2012 to a major UK pension fund for £17M, 35% ahead of business plan
Morston Portfolio
- Appointed by KPMG / Lloyds Bank
- APAM was instructed in 2015
- 15 assets comprising a mix of business space properties and development sites spread across East Anglia, Midlands, North East, and North West of England
- APAM maximised recovery by preserving and enhancing rental income
- The assets were individually sold successfully in 2015, 2016 and 2017