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London (West End)
T: +44 (0)20 3486 3472
Charles is a Senior Associate in the Capital Markets team with experience in the acquisition and disposal of national office assets and a particular focus on the south east market. After graduating from Oxford Brookes, Charles worked for the Deloitte investment team for 6 years before joining Gerald Eve. He has a broad range of clients including UK Institutions, property companies, private equity, private and overseas investors. Charles has extensive experience of producing and underwriting commercial property business plans. He has also developed the investment tracking capabilities within the team which produce statistics on annual and quarterly transactional volumes and market trends.
Imperial Place, Borehamwood – Acquired on behalf of Valad for £40m, Imperial Place is a 230,000 sq ft office park in in the centre of Borehamwood. The asset needed significant business planning and was transacted as part of a complicated SPV structure. At the time, it represented the largest acquisition in Valad’s Pan European fund.
Horizon Building, Gloucester – Acquired on behalf of a private overseas investor for a consideration of £16.4m. Horizon was a new 51,000 sq ft office let on a long term lease. The asset was best in class and set a new headline for prime yields.
Spectrum Building, Bristol – Acquired for a private equity vehicle for £14.1m. Spectrum was a multi-let office in the centre of Bristol. The asset needed carefully considered business planning and cash-flow modelling to account for a rolling refurbishment programme and repositioning within the local market.
Sygnus Court, Maidenhead – Sygnus Court was acquired on behalf of Clearbell Capital for £9.1m. The property was a prime South East office in the centre of Maidenhead which was able to be delivered within a severely constrained acquisition timetable. It has since proved to be one of the best performing assets within the fund.
Barclays & Mathieson – Retained advisor for Barclay and Mathieson on the disposal of their real estate assets. Disposals to date include three industrial assets in the South East and Midlands totalling over £15m. Assets were transacted at 25% to 50% above original book value, providing significant capital for B&M to reinvest in their core business.