Neighbourly Matters specialist returns to Delva Patman Redler

Delva Patman Redler has appointed Ashley Patience as Partner, marking his return to the company after starting his Neighbourly Matters career with the team 15 years ago.

Ashley worked directly for Delva Patman in party wall and neighbourly matters surveying from 2005 to 2007, before joining GIA where he worked his way up to Equity Partner. With a focus on city centre high-rise and masterplan developments, Ashley has worked on several landmark schemes including 22 Bishopsgate, The Scalpel, Can of Ham and the Shell Centre, as well as advising on the Earls Court Masterplan, along with other town-centre projects and shopping centres. He has also worked for developers and neighbours on high-end residential developments with a focus on basements.

At Delva Patman Redler Ashley will continue his work in party walls and neighbourly matters, working with Equity Partners Alistair Redler, Rob French and Stuart Gray, along with the rest of the specialist team.

Ashley comments: “Returning to Delva Patman Redler is a bit like going home for me. Having treasured those earlier years as some of the most enjoyable in my career, it was only natural for me to speak with Alistair again when considering moving on from my previous role. 

“I am incredibly pleased to be coming back as Partner within this fantastic team. Delva Patman Redler has long been considered the leading practice in their specialist fields but remain at a size where they retain traditional values and a family feel. I look forward to bringing my own experience to the team and to next era at Delva Patman Redler.”

Alistair Redler, Senior Partner at Delva Patman Redler, comments: “We are delighted to welcome Ashley back to the Delva Patman Redler family. His extensive experience will perfectly complement the specialist services we offer, and we look forward to picking up – although much further along – from where we left.”

Logicor lets Solihull 262 warehouse to Farmfoods

Logicor has let Solihull 262 on a new 20-year lease to Farmfoods, completing the letting only 14 days after the previous tenant vacated.

The 262,114 sq ft distribution facility is located in a prime midlands logistics location, within 2 miles of J4 of the M52 and in close proximity to the intersection with the M40 at J3A, providing an excellent strategic link to the wider national motorway network.

Anthony McCluskie, Director, Asset Management, UK, comments: “Strong consumer demand is driving the UK e-commerce and food sectors to accelerate their long term strategic requirements for large Grade A logistics space. As such, we had a lot of interest in Solihull 262, with a high number of tenant viewings. The end result is the letting to Farmfoods on a long-term lease, with a very short void period. It was a pleasure to work with their ‘can-do’ team to accommodate their requirements and we look forward to a long-term relationship with this market-leading occupier.”

Farmfoods has been located in the adjacent unit to Solihull 262 and was in need of expansion to accommodate its growing business. The Logicor team worked quickly and closely with the Farmfoods team to identify their needs in terms of size, specification and timescale.

JLL, DTRE and McGuinness Waddington Real Estate (MWRE) acted as joint letting agents.

Pluto Finance completes acquisition funding for Milton Keynes’ Station House

Pluto Finance has a completed a £9.7 million bridge loan for the acquisition of Station House, Milton Keynes MK9, for a proposed new residential development.

The 12-month bridge facility will enable the acquisition of the Station House site which comprises a five-storey building, main station concourse and ticket office of Milton Keynes train station, a ground floor retail parade and four upper storeys of office space.

The property has planning permission in place to convert the existing office space into 200 residentials units, whilst retaining the ground floor station and retail space. In a prime position, once developed, Station House will be ideal for local workers as well as commuters into London, with a 30-minute journey time.

Justin Faiz, Partner of Pluto Finance, comments: “We are delighted to have completed the acquisition funding for this proposed development which has so much potential being ideally located. This was a complex agreement, including the purchaser’s acquisition of a company and a number of long leases to be considered, however the loan credit was approved and funded within four weeks with the entire team coordinating from home.”

Pluto Finance has been actively lending since 2011 and is currently funding the development of over 2,000 new homes in the UK.

Pluto Finance launches new term loans for residential investment

Pluto Finance has launched a new lending product for professional landlords in the UK’s private rental sector.

With loan sizes from £5m to £50m, Pluto Finance will provide loans of up to 65% LTV for fixed terms of 10 years or longer at a margin of c. 2.5%.

Simon Chapman, Lending Director at Pluto Finance, comments: “We are delighted to be able to announce the launch of our residential investment term lending programme.  We are looking to fund professional landlords with unbroken blocks of flats in major towns and cities throughout England and Wales.” 

“Combined with our market leading rates for residential development funding, we can now provide full-cycle development and investment finance for PRS landlords on very attractive terms.”

Pluto Finance is looking to make over £200m of residential investment term loans by March 2021.  

This new lending programme compliments Pluto Finance’s existing core products. The specialist property lender focuses on stretch senior, senior and bridging loans, with backing from top-tier global financial institutional investors.

Pluto Finance has been actively lending since 2011 and is currently funding the development of around 2,000 new homes.

Logicor lets 360,000 sq ft warehouse to Marks and Spencer plc

Logicor has let MK360 to Marks and Spencer plc following the comprehensive refurbishment of the Grade A 360,214 sq ft distribution unit.

MK360 is a high-quality warehouse, strategically located in Milton Keynes, benefiting from 12m clear eaves height and a 55m deep yard. Marks and Spencer plc has signed a 10-year lease on the warehouse which will serve its M&S Food division.

Anthony McCluskie, Director of Asset Management at Logicor, comments: “We have been working closely with Marks and Spencer and their agent Lambert Smith Hampton for a number of months and are thrilled to have concluded this letting together.

“Marks and Spencer is a new customer to our portfolio and we have enjoyed working with them to find the right building to suit their needs and to be involved with their changing supply chain strategy.”

Charlie Howard, UK Managing Director at Logicor comments: “We are delighted to welcome Marks and Spencer to our portfolio and hope that the letting of MK360 is the first of many successful projects between us both. As well as working closely with our existing customers, we are pleased to work with other leading companies such as Marks and Spencer and are very pleased to have secured a lease with them on this strategic asset.”

Logicor was advised by BNP Paribas Real Estate and Burbage Realty. Marks and Spencer plc was represented by Lambert Smith Hampton.

The Home A Team’s first podcast: How to add value to your home during the lockdown (Covid19)

Formed Architects kicks off its first Home A Team podcast, two weeks into the UK lockdown following the outbreak of Covid-19, discusssing what home owners and landlords can do in terms of making home improvements and adding value in the lockdown period.

The duo also delve into the debate on design of wash basins at a time when washing your hand is more iportant than ever! #washbasingate #howdeepisyoursink. 

<iframe title="Formed Architects Home A Team Podcast" id="multi_iframe" style="border: none;" scrolling="no" allowfullscreen="" src="https://www.podbean.com/media/player/multi?playlist=http%3A%2F%2Fplaylist.podbean.com%2F7978827%2Fplaylist_multi.xml&vjs=1&size=315&share=1&fonts=Helvetica&auto=0&download=1&skin=0" width="100%" height="505"></iframe>

Formed Architects appoints office manager

Formed Architects has appointed Vesta Piaulokaite to the position of Office Manager as part of its team growth and expansion plans.

Vesta is a recent graduate with two years’ experience in communications and marketing. She prides herself on being passionate about data, social media, architecture and photography.

Michael Martin, Co-Founder of Formed Architects, comments: “Vesta is an excellent addition to the team. Following our recent move to larger premises in West London, Vesta’s appointment enables our attentive team to grow its project base while continuing to provide excellent levels of service to our local, national and international client base.”

Formed Architects was co-founded in 2012 by Tina Patel and Michael Martin. The team recently moved office within Chiswick, West London and is now looking to fill the position of Junior Architect/Technician as part of its expansion plans.

Covid-19 & Construction: A Surveyor’s non-exhaustive thoughts

by Tim Grierson, Head of Dilapidations, Delva Patman Redler

With the view to helping us all and to save you time, I’ve gathered the following information to help us all make informed decisions on live sites and want to share my findings here:

We must do what is best to help the UK’s at risk people by social distancing and following government guidelines for ‘people’, and ‘employees, employers and businesses’. Email updates from government can be obtained here.

Further to this, if sensible, and you are able, please do consider volunteering for the NHS or your local council.

If you are a Client: your Surveyor, Architect & Legal Team will collectively be able to advise you on what your best, case specific course of action is; practically & contractually. Some consultancy tasks can be accelerated now and benefit from the situation.

At present the majority of builders’ merchants are now closed and therefore the only course of action may be to pause works until the Government releases the next statement on COVID-19, in relation to social distancing, as builders are presently struggling or unable to get construction materials.

If your site/trades do have the materials they require, when deciding whether to shut a site, a construction site professional should as a minimum be considering the following guidance:

Construction Industry Council – CIC response to COVID-19 outbreak

• Key: What sites should remain open?

Construction Leadership Council – News

• Mandatory: Site Operating Procedures during Covid-19

RICS – RICS Response to Covid-19 (Coronavirus)

• Key/Mandatory: How to deal with coronavirus under NEC and JCT contracts | 9 April 2020 05:00 PM – 06:15 PM

Chartered Association of Building Engineers – COVID-19 – 25/03/20

Federation of Master Builders – Responding to Coronavirus (Covid-19)

CLC – The Specialist Property Law Regulator – Coronavirus: Resources and Information

BuildUK – Coronavirus Impact on Construction

Building – Coronavirus and Construction

I hope this information is helpful to you. If you have any queries, thoughts or tasks you need help with, please do not hesitate in contacting me or any other member of the Delva Patman Redler team.

Stay safe.

Pluto Finance Shortlisted for RESI Awards 2020

Pluto Finance has been shortlisted in the RESI Awards for Residential Financier of the Year.

This shortlisting is recognition of all the hard work of its specialist team, working closely with investors and brokers and clients to provide tailor-made lending solutions.

The awards will take place on 2nd December 2020.

Formed Architects expands into new offices

Formed Architects, the West London based architectural and design practice has moved offices as part of its expansion plans.

The company, co-founded in 2012 by Tina Patel and Michael Martin, has moved to occupy larger premises within Chiswick to cater for its growing team. The new address will be:

Formed Architects & Designers UK Limited, 3rd Floor, Gable House, 18-24 Turnham Green Terrace, Chiswick, London W4 1QP

The office telephone number will remain the same: 020 3601 3480.

Michael Martin, Co-Founder of Formed Architects, comments: “Our growing team has now outgrown our existing premises! The move into Gable House allows us to keep our base in Chiswick – a vibrant and bustling part of West London – enabling us to serve our local, national and international client base.”

Tina Patel, Co-Founder of Formed Architects, adds: “We are in the process of expanding our team further, initially filling the posts of Office Manager and Junior Architect / Technician and are looking to the future to build additional strength to service our clients, while retaining our close-knit team approach led by our Directors.”

LOGICOR SECURES TWO NEW LETTINGS WITH TOOLSTATION

Logicor has secured two new lettings with Toolstation, across its multi-let industrial portfolio, in Uxbridge, West London and Goole, Yorkshire.

Part of the Travis Perkins group, Toolstation has taken a new lease on Unit 4, Rawcliffe Road Trade Park in Goole, Yorkshire. The 6,191 sq ft warehouse was the last available within the scheme, making it now fully let. Ryden and Cushman & Wakefield’s Leeds office advised Logicor on the transaction.

In Uxbridge, Logicor has let Unit 6, Cowley Mill Trading Estate, comprising 5,992 sq ft, to Toolstation. This, in addition to two recent lettings makes the scheme also fully let. Altus Group advised Logicor on this transaction.

James Carney, Asset Manager at Logicor, says: “We are delighted to announce the completion of two lettings to Toolstation within one week, simultaneously completing the line up at two of our multi-let estates. We are continuing to work closely with Toolstation to accommodate their requirements across our UK portfolio.”

Fairview New Homes acquires former Ford HQ, Brentwood for new residential development

Fairview New Homes has completed the purchase of the former Ford Headquarters in Brentwood, Essex unconditionally for in excess of £35million for a new residential development, comprising both private and affordable housing.

The 21-acre site is located within Great Warley, Brentwood and is divided in two by Eagle Way. The Ford Central Office building benefits from Permitted Development Rights for 266 units and has been sub-sold to Land Charter Homes. The remaining land within Fairview’s ownership has been allocated for residential development in the Emerging Local Plan for which Fairview intends to build in excess of 150 homes.

Ford announced its plans to close its Warley Headquarters in 2018 which has been the centre of its UK operations for more than 50 years. Jasper Masters, Executive Director of CBRE who advised the vendor ‘Ford Motor Company’ on the sale, says: “CBRE are delighted to have completed the sale of Ford’s flagship HQ site in Brentwood to Fairview New Homes. Undertaking the complex transaction was particularly impressive as it was completed against the backdrop of a difficult political landscape in early December 2019. The redevelopment of the iconic local landmark will provide quality new residential and commercial space which will help drive the exciting regeneration of the wider area.”

Rhys Davies, Main Board Director for Fairview New Homes, said: “This is our second acquisition within the borough in 2019 and we are delighted with the prospect of building further new homes on this historic site. We will continue to work closely with Brentwood Borough Council to make sure our private and affordable homes are complementary to the local residential area.”

High Court ruling on solar panel overshadowing could have implications for common law rights of light

With the increase in awareness and regard for climate change, more and more property owners are erecting solar panels on the exteriors of their residential properties across the UK. This year, the presence of domestic solar panels made its way into the planning system. Not, as you would think, a case of planning permission to erect a solar panel, but the quashing of a planning permission which failed to consider the impact the development would have on the effectiveness of a neighbouring solar panel.

In the case that made its way to the High Court (McLennan, R (on the application of) v Medway Council & Anor [2019] EWHC 1738) Mr Justin Lane nullified the decision of Medway Council to grant planning permission for the installation of dormer windows and a rear extension on a house in Rochford.

As Robin Green, of Cornerstone Barristers, who acted for the Claimant, explains: ‘in granting permission, the council had mistakenly believed that there would be no overshadowing of solar panels on a neighbourly property owned by the claimant, not realising that the orientation of the properties shown on a site location plan was wrong’.

He goes on to add: ‘In the proceedings, the council accepted that it had made a mistake but sought to defend the claim on the basis that overshadowing of solar panels was not a material planning consideration’.

Mr Justice Lane, on taking into consideration national and local policy on climate change and the need to plan for climate change litigation, concluded that ‘the council could not rationally ignore the effect of overshadowing on solar panels’.

Stuart Gray, Equity Partner of Delva Patman Redler, comments: “The decision was made that no matter how small a contribution one property’s solar panels may have on the renewable energy system, it was deemed not immaterial in planning terms. From this High Court ruling there are clear implications in daylight and sunlight terms which could potentially follow through to common law rights of light.”

Avison Young expands Property Management team

Avison Young has appointed Matt Davidson as Senior Director joining the firm’s Property Management team.

Matt joins from CBRE, where he was previously Head of UK Portfolio & Specialist Markets. Based in London, Matt brings with him specialist knowledge of funds, property companies, institutions and specialist investor requirements of property and asset management. At Avison Young, Matt will focus on clients within these sectors to strengthen existing relationships and grow the firm’s presence and market share.

“I am delighted that Matt has joined the Avison Young team in London,” comments Richard Williams, Managing Director of Property Management. “Matt is a highly respected individual in property and asset management and has worked with major players in the London and UK investment market. He has significant experience in the specialist requirements of funds, property companies, specialist and emerging markets, and will help to increase awareness of Avison Young’s capability within these organisations and beyond. We are looking to attract more impressive individuals, like Matt, as we strategically grow our property management presence in the UK & EMEA.”

Property Management is one of the five key growth areas for Avison Young globally, building on the existing robust service in the UK and USA. In the UK alone, the Property Management Consultancy team currently has £15bn assets under management and over 15,000 occupiers, employing over 250 people. The team manages a wide variety of property including offices, business parks, industrial, logistics and retail, as well as mixed-use schemes and has a number of high-profile assets under management.

Richard adds: “Property Management is a critical part of the lifecycle of real estate assets and is essential in the optimisation of occupier experience. Our team of highly experienced property managers works closely with occupiers to identify and understand their requirements and expectations, in order to help our clients to translate this valuable insight into retention strategies.

We pride ourselves on seeing what others do not; on identifying future trends and opportunities in areas such as user experience, sustainability-led initiatives and building and marketing technologies. We are continuing to build our team, attracting individuals particularly with data analysis skills and account management experience, to reflect the changing needs of property management.”

Richard Williams joined the Avison Young team in March this year as Principal and Managing Director of Property Management and leads a nine strong leadership team.

Pluto Finance appoints Chris Scott as Lending Director

Pluto Finance has appointed Chris Scott as Lending Director joining the firm’s London-based team.

Chris joins from Octopus Real Estate where he spent five years, with his most recent position as Senior Business Development Manager covering London.

Chris comments: “I’m looking forward to working with Pluto Finance and their market leading proposition. I have always had a strong focus on customer service and delivering on client’s expectation and Pluto Finance are a firm that very much shares that passion.

“The team are well respected in the market and the appetite to lend is extremely exiting. The increased focused on bridging is well timed as I feel there is still a gap in the market for a lender willing to take a practical, commercial and streamlined approach to lending. In uncertain times there is undoubtedly a great opportunity for specialist development and bridging finance providers to flourish. I believe the product and service offering here at Pluto Finance is ideally placed to take advantage of this.”

Chris joins Pluto Finance’s 20-team which specialises in providing Stretch Senior development finance, Senior Development Finance and Bridging Loans. With backing from some of the world’s largest institutional investors, Pluto Finance is on track to lend over £500m this year.

Pluto Finance has recently launched its refreshed bridge lending product range with the ability to price as low as 0.49% per month and lend up to 77.5% LTV. The team can now offer 2-year bridge loans as standard with loan sizes from £1m to £30m+.

Why property investment is like a game of darts…

Statistically, if a player’s three-dart shooting average is less than 80, they should aim at treble 19 rather than treble 20. In practice, amateur dart players usually average less than 80, but the vast majority still aim for treble 20. The three-dart shooting average is a simple, transparent, quantitative metric, the analysis of which can reveal strategic options that can lead to better outcomes. Is there an equivalent measure in real estate? If so, how can it be calculated? Can this measure also allow managers to communicate to investors how they intend to either deliver this return or even exceed it?…..Read more here from The Property Chronicle.

Pluto Finance broadens bridging offer

Pluto Finance has just launched its refreshed bridge lending product range.  Key changes include the ability to price as low as 0.49% per month and lend up to 77.5% LTV.  The specialist property lender can also now offer 2-year bridge loans as standard, with loan sizes from £1m to £30m+.

Pluto Finance has raised over £250m of additional institutional capital this autumn to boost its bridge lending capacity.  It can lend against any asset type – including sites, development exit, office, retail, care homes and hotels.

Simon Chapman, Lending Director, comments: “We are delighted to offer the most flexible short-term finance in the market.  Our new low rates are proving particularly attractive for development exit.  We are very competitive in providing large bridge loans requiring a bespoke approach.”

Recent Pluto Finance bridge loans include a £12.0m development exit loan for a completed scheme in Harlow, £3.7m against a site in West London and £2.0m for a barn conversion in Hertfordshire. 

Campaign launched to tackle public distrust of SME property developers head-on

Four-week initiative, commended by Association of Property Receivers, sees two private firms join forces to take on unscrupulous and unprofessional developers. Following months of industry news highlighting poor trust and attitudes toward property developers, two UK property tech firms have teamed up to launch a dedicated campaign to help SME’s counter the problem.

 Procurement and professional vetting platform, TrustedLand, supported by proptech firm LandTech, creators of LandInsight, have launched the Real Developer campaign in an attempt to tackle the negative perceptions of the industry across the country, and promote professionalism. The four-week Real Developers campaign, launched last week at a dinner by network Developers Boardroom, will see TrustedLand work with industry professionals to identify the top SME property developers, firstly, in the south-east of England, and showcase their exceptional work. This represents the first in a number of steps TrustedLand will be taking to demonstrate how the SME developer sector contribute significantly to housing, society and the industry.

The campaign comes at a time when public trust in property developers is at an all time low. In July 2019, the British Property Federation and Grosvenor released reports that highlighted the decline in public trust towards developers. This was quickly followed, in September 2019, by negative publicity that was generated by the often controversial office to residential permitted development conversions, with unprofessional developers being pointed at by industry influencers. 

The initiative has also attracted the support of leading players in the industry such as The Association of Property & Fixed Charge Receivers boss, Julian Healy, stating: “​nara commends the initiative as an enabler of greater transparency and increased certainty: essential elements for Fixed Charge Receivership advice in the often uncertain world of distressed real estate debt.”

Developers can be nominated by confirmed property professionals and are assessed by TrustedLand on four key components of established and professional property development businesses: Recommendations; Experience; Achievements; Longevity. At the end of the four-week campaign, all approved applicants will be published in a  dedicated ‘good developer’ guide, the Real Developer 2020 Index, and distributed to 250 local land agencies and advisors, including Homes England and the GLA.

With public trust in the development industry at rock-bottom, TrustedLand has determined it is time to take that message out to the country in order to address  negative public and stakeholder perceptions. Commenting on the launch of the Real Developers campaign, Alex Harrington-Griffin, CEO of TrustedLand said; “Earlier in the year, we found that just 6% of our network claimed association to any of the major property federations, including HBF or FMB, and with no  charter or licence for the development, it is no wonder this lack of transparency and accountability has created feelings of distrust. We believe that as two private companies focused on promoting transparency, we are duty-bound to kick start this process from the ground up.”

Both LandTech and TrustedLand, as ambassadors to property industry charity, LandAid, which fights against youth homelessness, have committed to a £50 donation to the organisation for every Real Developer application that is processed to support their winter campaigns. The Real Developer Index 2020: South-East will be made available in January 2020. Nominations close 21st November 2019.

To register or nominate an SME property developer, head to TrustedLand.co.uk.

The NAWIC Conference 2019 – Coming together to change the industry for the better

The National Association of Women in Construction (NAWIC) Conference, sponsored by Avison Young, was held on 15th November with a record attendance at the RICS headquarters in London’s Parliament Square.

192 delegates took part in the early evening conference held to provide attendees with the tools they need to make a positive change in their workplace and their industry as a whole. The conference also supported RICS’ Equality Diversity Inclusion Agenda.

Amongst the 17 speakers were Kath Fontana FRICS, the current Vice President of the RICS and Anna Keys, MRICS, Chair of the RICS’s Matrix Group. The conference showcased inspirational women making real change in their professions, along with a series of debates and practical workshops, including The Female Boss and The Value of Diversity Driven Networks. Next year Kath Fontana will become the 3rd female President of the RICS.

Rosemary Silver FRICS, Associate of Avison Young and NAWIC London & SE Conference Organiser, comments: “It was fantastic to see such a strong presence from women and men across the industry, coming together to make strides in diversity within the property industry. This year’s record turnout demonstrates the desire for people from all genders and backgrounds to collaborate to change the industry for the better.”

For more details on event, read the NAWIC Conference brochure here.

LOGICOR WINS IAS AWARD FOR MULTI-LET INDUSTRIAL ASSET MANAGEMENT

Logicor has won Best Asset Management Initiative for its Martlesham Heath scheme in this year’s Industrial Agents Society (IAS) Awards.

The award was presented to Logicor’s Portfolio Director Gareth Evans at the industry luncheon and awards ceremony held on 26th September at the London Marriott Hotel.

Voted as Best Management Initiative by judges including Colin Beasley, Director and Owner of Graftongate and Chris Davies, Amazon’s EU Senior Real Estate Manager, Martlesham Heath is a bustling industrial estate located in Ipswich, which has evolved dramatically over the past 12 months and beyond, embracing change to meet the business needs of the local community.

The 500,000 sq ft estate was built originally as an Air Force base. Logicor, with the support of its excellent local agents, has collaborated with the multiple tenants and their representatives to create a uniquely diverse estate which is now home to 100 occupiers, including local businesses and multinational companies.

Over recent years, Logicor has developed buildings for Aldi, Home Bargains and Hughes Electrical. Returning stock has seen consistent high-quality refurbishment, allowing retained agents at Savills and Elsom Spettigue to pre-let several buildings.

Gareth Evans comments: “Key to this success has been the desire of Logicor and our agents to work with occupiers of all sizes, resulting in a current occupation of nearly 100%. Activity on the estate crosses the full spectrum of development, refurbishment, new leasing and regear leasing. 57 new leases and regears were secured over the past 3 years with rents increasingly steadily.

“The estate no longer caters solely for the typical ‘industrial’ occupier but has also accommodated local requirements including a Dog Day Care Centre, Cross Fit/Boxing and a local retailer, making the scheme a destination as well as a place of work and industry.”

Charlie Howard, Logicor’s UK Managing Director, says: “The industry recognition for this asset management initiative is a significant milestone in the evolution of the business. This is the first big award won purely on the work within our Multi-Let Industrial (MLI) portfolio, complementing our Big Box work which we are arguable more well known for.

“The IAS awards is the top event in the awards calendar for industrial and logistics and we are delighted to receive recognition for our MLI portfolio, following a number of award wins over the last few years acknowledging our work in other areas.”

In both 2016 and 2017 Logicor was recognised as Fund / Property Company of the Year at the IAS Awards. In 2017 the team also won Best Asset Management Initiative for its 645,000 sq ft letting to XPO in Tamworth.

Charlie adds: “Our UK team continues to work closely with our existing occupiers and new customers alike, utilising our extensive portfolio across the UK, providing logical solutions for these thriving businesses.”