Shifting demographics, social and economic trends are driving demand for real estate assets specifically designed or adapted to support the trading activity in occupation.
As new sectors come to the fore and demonstrate their potential, a growing cohort of funders, developers, investors and operators are eyeing the opportunities being created in the hotels, leisure, care, education and student markets. As appetite for exposure to Operational Real Estate (OPRE) grows and the sector develops, a broad range of owners and operators, including charities, institutions and registered providers are seeking to maximise the opportunities inherent within their real estate holdings.
The specialist nature of many OPRE assets presents a unique challenge and a genuine understanding of the underlying business with all the connected risks and opportunities is a prerequisite for success. Our dedicated OPRE team brings unrivalled insight into the supply, demand, regulatory and trading drivers that underpin these specialist assets, as well as extensive relationships within operating businesses and across the various sectors, enabling the provision of robust, astute and innovative advice.
Working throughout the UK, our 50-strong team is one of the largest in the sector, capable of delivering major projects and excelling in complex situations and portfolios where expert judgements are vital. Our total immersion in both the assets and the operational businesses makes us uniquely well-placed to identify opportunities for growth; let our insight drive value for you.
Having recently constructed the new Exhibition Road Quarter – a new café, courtyard and exhibition gallery – the Victoria & Albert Museum instructed us to provide an asset valuation for financial reporting purposes to reflect the expanded estate.
Eurocentres appointed us to value and advise on the sale and potential for change-of-use for a language school in Eccleston Square. The stucco-fronted period building had a total floor area of 25,414 sq ft.
English UK – the national association of accredited English language centres in the UK and a registered charity – considered their offices not fit for purpose and wanted to understand what options were available to them. We were appointed to undertake a valuation and appraise their options.
Following the construction of a new campus, United Colleges Group appointed us to sell the freehold of a former college in Saltram Crescent, north west London.