Moran Asset Management

Asset Management – UK Retail Portfolio

« Back to Projects

11-2

11-3

  • 5 year asset management instruction December 2008 through to December 2013 for a mixed £61m UK retail portfolio (>1% average vacancy rate)
  • Managed through the depth of the economic downturn – however for standing investments we improved passing rents by a gross 26% and underlying rental valuations improved by a gross 28%. Covenant strength and income security also improved significantly despite minimal capital deployed over this period to also achieve a relative improvement in occupier standing and weighted average years to lease expiry
  • Worked with a varied team of architects, planners, engineers and technical consultants to create a number of viable extension and redevelopment opportunities for each of the two major assets