Multi-let industrial estates Track record

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Clyde Barrett
5 years ago
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1 Multi-Let Industrial Estates Track record

We retain Knight Frank to advise on a number of our multilet assets throughout the South West. We find the advice we receive is current and insightful.

2 We retain Knight Frank to advise on a number of our multilet assets throughout the South West. We find the advice we receive is current and insightful. We rely on their ability to operate on both local and national levels to ensure we have a clear strategic view. Henry MacInnes L&G Investment Managers we have transacted on over 970,000sq ft of small and medium sized properties in the last 12 months * Standard Life Investments instructed Knight Frank on behalf of the Pooled Pension Fund on our 15,000 sq ft vacant unit in Barking East London. Our business is competitive and relies on our assets out-performing. We need to employ the best in class and Knight Frank performed for us. In tough market conditions, we were impressed with Knight Frank s focus and tenacity. Knight Frank let the vacant unit alongside a surrender of the adjacent unit allowing both units to be occupied by TNT. The Surrender and Letting led to an enhanced investment value of the estate adding to Fund performance. David Fleetwood Portfolio Manager, Standard Life

We concluded transactions totalling over 970,000 sq ft of small and medium sized units, making us the third most active agent in 2011, according to EGi 2011 Deals Competition.

3 Dedicated Advisors Delivering value to our clients through strategic advice, from an experienced and motivated national agency team. The Knight Frank Logistics and Industrial team specialise in the leasing of small and medium sized industrial units, as well as large scale distribution centres. We concluded transactions totalling over 970,000 sq ft of small and medium sized units, making us the third most active agent in 2011, according to EGi 2011 Deals Competition. In working with the team, you benefit from marketing and leasing services, development consultancy and procurement advice in every major industrial and distribution market across the UK. Knight Frank is able to represent occupiers, developers and landlords. Charles Binks Head of Logistics and Industrial T +44 (0) M +44 (0)

Multi-Let Industrial Estates 2012 Track Record Percy Business Park, Oldbury, West Midlands Coltham Developments 14 units speculatively

Of the 14 new units 12 have been let or sold and of the existing space, occupancy levels have been kept high due to our re-letting of

Tyne Tunnel Estate, North Shields, Tyne & Wear UK Land Estates 85 units 2,700 sq ft to 103,000 sq ft.

The Client is now rolling out a programme of refurbishments across the estate.

4 Multi-Let Industrial Estates 2012 Track Record Percy Business Park, Oldbury, West Midlands Coltham Developments 14 units speculatively built ranging from 850 sq ft to 4,200 sq ft, adjoining an existing small unit estate of 28 units. Of the 14 new units 12 have been let or sold and of the existing space, occupancy levels have been kept high due to our re-letting of stock as it returns to market. The existing space has recently been subject to refurbishment in order to increase the rental profile. Tyne Tunnel Estate, North Shields, Tyne & Wear UK Land Estates 85 units 2,700 sq ft to 103,000 sq ft. All 4 vacant units were let before refurbishment works were complete. The Client is now rolling out a programme of refurbishments across the estate. Stanley Green Business Park, Cheadle Orbit Developments 3,000 sq ft to 80,000 sq ft. 10 lettings completed with the one remaining unit under offer. St Andrews Trading Estate, Bristol Commercial Estates Group 17 units 5,000 sq ft to 28,000 sq ft. Three deals in 2011 has transformed the estate from being 50% vacant to 90% let.

Multi-Let Industrial Estates 2012 Track Record Clandough Trading Estate, Cardiff Comments: Highcross Strategic Advisors 22 units 142,000 sq

We have advised on required refurbishment works and re-branding the estate.

Colvilles Park, Kelvin Industrial Estate, East Kilbride Hansteen UK Industrial Property Ltd Partnership 26 units 1,500 sq ft to 8,100 sq ft.

Parkwood Industrial Estate, Sheffield Aviva Investors 25 units 200,000 sq ft. 7 units recently vacated and undergoing refurbishment.

5 Multi-Let Industrial Estates 2012 Track Record Clandough Trading Estate, Cardiff Comments: Highcross Strategic Advisors 22 units 142,000 sq ft. Following High Cross purchase late in 2010, the premises was 50% vacant. We have advised on required refurbishment works and re-branding the estate. Through new lettings and re-gear only 5 units remain and headline rental levels have been maintained. Colvilles Park, Kelvin Industrial Estate, East Kilbride Hansteen UK Industrial Property Ltd Partnership 26 units 1,500 sq ft to 8,100 sq ft. Five lettings concluded in the first 12 months of our appointment, including Screwfix and Capital Hair & Beauty. Parkwood Industrial Estate, Sheffield Aviva Investors 25 units 200,000 sq ft. 7 units recently vacated and undergoing refurbishment. 2 lettings completed and 2 further units under offer. Waleswood Industrial Estate, Rotherham CBRE Global Investors 22 units 120,000 sq ft. Upon instruction we advised the client on refurbishment and disposal of the vacant units. Currently there is only 11,000 sq ft vacant with strong levels of interest following a new marketing campaign.

Multi-Let Industrial Estates 2012 Track Record Millshaw Park Industrial Estate, Leeds Evans and Land Securities 2,000 sq ft to

Acorn Industrial Estate, Crayford, Kent Schroder Exempt Property Unit Trust 79 units 1,987 sq ft to 28,548 sq ft.

A further 5 units currently under offer.

Advised the client on an extensive refurbishment programme resulting in units being pre-let prior to practical completion.

6 Multi-Let Industrial Estates 2012 Track Record Millshaw Park Industrial Estate, Leeds Evans and Land Securities 2,000 sq ft to 45,000 sq ft. Since our appointment in 2011 we have added value by letting 65,000 sq ft in three units. Acorn Industrial Estate, Crayford, Kent Schroder Exempt Property Unit Trust 79 units 1,987 sq ft to 28,548 sq ft. 13 lettings on the estate in the last 24 months, as a result of new marketing initiatives introduced by Knight Frank. A further 5 units currently under offer. Westminster Industrial Estate, Woolwich, London AXA Real Estate Investment Managers 48 units 2,700 sq ft to 22,000 sq ft. Advised the client on an extensive refurbishment programme resulting in units being pre-let prior to practical completion. We have completed 14 lettings on the estate in the past 18 months. Springhead Enterprise Park, Northfleet, Gravesend, Kent CBRE Global Investors 8 units 5,185 sq ft to 15,427 sq ft. Instructed to market the 5 vacant units on the site. 3 units let and 1 under offer within 6 months of appointment.

To see how we can help you please contact our UK team: Katherine Monro - Aberdeen

com T +44 (0)122 441 5962 M +44 (0)7712 868 861 Emma Hargreaves - Birmingham emma.

com T +44 (0)121 233 6460 M +44 (0)7979 707 851 Russell Crofts - Bristol russell.

com T +44 (0)117 917 4535 M +44 (0)7990 707 723 Neil Francis - Cardiff neil.

com T +44 (0)292 044 0147 M +44 (0)7766 511 983 Stephen St Clair - Glasgow ste

com T +44 (0)141 566 6995 M +44 (0)7795 426 771 Owen Holder - Leeds owen.

7 To see how we can help you please contact our UK team: Katherine Monro - Aberdeen katherine.monro@knightfrank.com T +44 (0) M +44 (0) Emma Hargreaves - Birmingham emma.hargreaves@knightfrank.com T +44 (0) M +44 (0) Russell Crofts - Bristol russell.crofts@knightfrank.com T +44 (0) M +44 (0) Neil Francis - Cardiff neil.francis@knightfrank.com T +44 (0) M +44 (0) Stephen St Clair - Glasgow stephen.st.clair@knightfrank.com T +44 (0) M +44 (0) Owen Holder - Leeds owen.holder@knightfrank.com T +44 (0) M +44 (0) Paul Mussi - London paul.mussi@knightfrank.com T +44 (0) M +44 (0) Rob Taylor - Manchester rob.taylor@knightfrank.com T +44 (0) M +44 (0) Simon Haggie - Newcastle simon.haggie@knightfrank.com T +44 (0) M +44 (0) Rebecca Schofield - Sheffield rebecca.schofield@knightfrank.com T +44 (0) M + 44 (0)

8 * EGi Deals Competition 2011 The Knight Frank network consists of Knight Frank LLP and its direct subsidiaries which provide services in the UK and an international network of separate and independent entities or practices providing services internationally. 0ii Knight Frank Autumn MAY 2012

Gateway. Leeds. A new national centre for logistics & manufacturing. TO LET Ready for immediate development M1/J45 LEEDS LS9 0PS

Gateway. Leeds. A new national centre for logistics & manufacturing. TO LET Ready for immediate development M1/J45 LEEDS LS9 0PS Gateway Leeds /J45 LEEDS LS9 0PS A new national centre for logistics & manufacturing TO LET Ready for immediate development. 165 acre consented site. 2.64 million sq ft of logistics & manufacturing space.