People

Charles Boyes

Partner

Location
London (West End)

Contact Charles
T: +44 (0)20 3486 3472
E: cboyes@geraldeve.com

Charles is a Partner 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.

Specific experience

Globeside, Marlow – £43.5m acquisition of a prime town centre office park on behalf of Buckinghamshire Council. Globeside is a 116,000 sq ft office campus providing secure income.

Imperial Place, Borehamwood – Sold on behalf of Cromwell for £62.5m, Imperial Place is a
230,000 sq ft office park in in the centre of Borehamwood. This sale marked the successful acquisition, implementation of the business plan and disposal producing a capital gain of over £20m in three years.

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 – 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.

Barclay & Mathieson – Retained advisor for Barclay & 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 Barclay & Mathieson to reinvest in their core business.