The commercial property
Website

LSH Takes Control of Regional Office Portfolio

Posted on 1 August, 2012 by Neil Bird

Commercial property consultancy Lambert Smith Hampton (LSH) has been appointed to oversee a portfolio of regional office buildings, the company reports. The properties are located throughout the Midlands and the north of England and LSH will asset manage the portfolio on behalf of Fixed Charge Receivers.

The buildings are located in Stafford, Burton-on-Trent, Wolverhampton, Bedford, Northampton, Salford, Runcorn, Blackburn and Wakefield and together they represent 77,000 sq. ft. of office space.

The portfolio includes offices on high quality sites like Staffordshire Technology Park, Burton-on-Trent’s, 200 acre mixed use site, Centrum 100 and Bedford’s 70 acre Priory Business Park. All the properties are currently multiple tenanted by both national companies and local firms.

Liam Hawes and Nick Hammond will oversee the instruction from LSH’s Nottingham office, but LSH offices in Birmingham, Luton, Sheffield and Manchester will provide a local point of contact. There will be further involvement from the firm’s Building Consultancy, Lease Advisory and Agency departments.

LSH say they have already made changes to the way the sites are run and they promise to add value to the assets through continued improvements.

“This is a very challenging and complex portfolio, as is to be expected with a receivership instruction.” Liam Hawes explained.

“Already, tenants have seen real improvements in the way the sites are being managed – our proactive approach ensures that the asset value is maximised through the retention of existing tenants and housing of new occupiers into the schemes.”

Nick Hammond added; “LSH are well placed to handle the instruction, from both a strategic and operational perspective, with our network of local offices and cross-discipline expertise adding value throughout.”

LSH was formed in the 1980s and has since enjoyed significant growth making it one of the UK’s largest commercial property consultancies.  Today it has access to 850 specialist staff providing services and advice on a range of subjects including acquisitions and disposals, investment property management and building consultancy.




Leave a Reply


Recent Posts

Australias-NAB-begins-substantial-de-risking-of-non-performing-UK-Portfolio

Australia’s NAB begins “substantial de-risking” of non-performing UK Portfolio

Poor-Broaadband-Connectivity-could-leave-The-City-in-the Slow-Lane-warns-Corporation-Chief

Poor Broadband Connectivity could leave the City in the Slow Lane warns Corporation Chief

Custodian-on-17m-Acquisition-Spree

Custodian on £17m Acquisition Spree

Council-kick-starts-Sheffield-speculative-Office-Scheme

Council kick-starts Sheffield speculative Office Scheme

Will-Britains-convenience-culture-transform-the-High-Street

Will Britain’s ‘convenience culture’ transform the High Street?

Business-Park-deal-demonstrates-strenght-of-M42-Market

Business Park deal demonstrates strength of M42 Market

Segro-snaps-up-three-Hams-Hall-Distribution-Assets

Segro snaps up three Hams Hall Distribution Assets

New-Store-openings-contribute-to-Next-profit-forecast-hike

New Store openings contribute to Next profit forecast hike

Gherkin-Sale-set-to-ignite-Overseas-Interest

Gherkin Sale set to ignite Overseas Interest

Chinese-Developer-behind-Royal-Albert-Dock-Scheme-Never-considers-himself-a-Real-Estate-Tycoon

Chinese Developer behind Royal Albert Dock Scheme “Never considers himself a Real Estate Tycoon”

Lord Mayor's Show Fortnum and Mason

Fortnum & Mason plans Heathrow take-off

Going-Dutch-HEMA-plans-to-take-on-UK-Discounters

Going Dutch: HEMA plans to take on UK Discounters

Would-Tesco-Tax-benefit-the-High-Street

Would “Tesco Tax” benefit the High Street?

A man passes by in front of a wall at Piccadilly Gardens, Manchester.

Manchester Council seeks Piccadilly Wall talks following Property Sale

Muddled-Retail-Statistics-reveal-little-about-Strength-of-Recovery

Muddled Retail Statistics reveal little about Strength of Recovery

Caddick-Construction-begins-work on-Leeds-Core-Shopping-Centre-Revamp

Caddick Construction begins work on Leeds Core Shopping Centre Revamp