Facebook Twitter Network

Share 

Case studies

Property letting, sales and investment case studies  

Canal & River Trust

Securing future income for Canal & River Trust
Canal & River Trust has a requirement to invest circa £15m between 2011 and 2012 and to generate long term, secure income to help fund the management and maintenance of the nation’s historic network of canals and rivers

  • Location Acquisitions in the Midlands with a national instruction
  • Key figures 4 purchases, 206,381 sq ft, £19,060,000 total value, spend circa £15m in 2011 to 2012
  • Contact Thomas Eagleton, +44 (0)121 237 1253

 

The results

  • We have delivered £800k of future income whilst also supporting the client in rebalancing  its portfolio
  • Canal & River Trust has made four commercial property assets investments in the Midlands with yields of 5.5% or over in an 8 month period, including; two warehouse distribution units, a Travelodge hotel and a multi-let office. 

The challenges

  • The challenge was to find commercial investments based on very tight geographical constraints that were located on or adjoining a waterway that the client either managed or controlled. Therefore a lot of the work was done off market to unlock the right opportunities.

What we did

  • The client's requirements were broad in that it was seeking commercial income producing assets with a return of 5.5% or more, through all sectors, but the assets needed to be adjacent to its operational undertakings
  • We mobilised our national network of investment agents and responded on a national basis to the client's requirements, identifying a key contact in each of our offices to drive the search, resulting in 67 opportunities being identified
  • Each opportunity was reviewed individually, including covenant strength, market conditions and future potential
  • Recommendations were given to the client and numerous off market approaches made
  • We introduced our Building Consultancy and Valuation teams to complete the building surveys and valuations respectively
  • A viability report was written on each of the prioritised assets
  • Competitive bids were made and the investment teams managed the acquisition process.
PEOPLE FINDER
Find your key contacts
BNP Paribas Real Estate
*
*

Advanced search


International
Knowing your local market in depth, anticipating your needs,
providing you bespoke solutions across every Carte implantations
stage of the real estate cycle of your assets…
these are BNP Paribas Real Estate’s commitments to make your issues our priorities.