Acting for an established private UK investor with a significant portfolio of commercial property across Europe, seeking further properties to complement and grow his business.
Identified subject property through our extensive network of real estate and banking contacts.
Established that the property was being managed sub-optimally and worked with the investor to develop a business plan post acquisition.
Following acceptance of the proposed business plan by the investor’s Board, negotiated the purchase price and managed the acquisition process.
Following Notarisation of the sale & purchase contracts, initiated negotiation of Option Agreement for adjacent development site to facilitate expansion of sub-optimal retail unit.
Supported the investor in re-negotiating existing lease contracts, providing retail tenants with better, more efficient retail space in exchange for lease extension and additional rental commitment.