UK Property Developers Profiles

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UK Property Developers Profiles UK Commercial Developers - A-Z Profiles BRU Bruntwood Group Ltd Head Office 46 Priory Queensway, Birmingham B4 7LR Buccleuch Properties Ltd Tel: 0800 731 0300 27 Silvermills Court, Henderson Place Lane, Edinburgh EH3 5DG Email: [email protected] Tel: 0131 524 0910 Fax: 0131 524 0911 Web: www.bruntwood.co.uk Email: [email protected] Contacts Web: www.buccleuch.com Rob Valentine (Head of Birmingham Office) Contacts David Peck (Managing Director) Primary Sector: Office Nick Waugh (Commercial Property Director) Comment Sandy Smith (Development Director) 02/15 - Bruntwood submitted a planning application for the £14m Cameron MacKay (Associate Director) redevelopment of Two Cornwall Street, Birmingham. The scheme Financial will provide 110,000 sq ft of Grade A office space in 2016. Year Ending Oct 2013 Oct 2012 Oct 2011 Turnover £11m £13.9m £6.41m Bruntwood Group Ltd Pre-Tax Profit £-1.51m £10.2m £14.7m Net Assets £72.1m £50m £30.7m City Tower, Piccadilly Plaza, Manchester M1 4BT Total Assets £139m £148m £137m Tel: 0161 237 3883 Fax: 0161 237 1779 Email: [email protected] Comment Web: www.bruntwood.co.uk Buccleuch Property represents the commercial property interests of the Buccleuch Group and operates from offices in Edinburgh and Contacts London. Chris Oglesby (Chief Executive) Michael Oglesby (Chairman) 06/14 - Buccleuch Property and Scottish Enterprise sold Aberdeen Energy and Innovation Parks to Moorfield for £32.8m, which Peter Crowther (Development Director) reflects a yield of 8.75%. The parks comprise more than 200,000 John Marland (Project Management Director) sq ft of offices and warehouses and are located in the Bridge of Andy Allan (Finance/ Investment Director) Don area, north of the city centre. Colin Sinclair (Director of Property Marketing) The Duke of Buccleuch’s property company is retaining around half Chris Roberts (Development Director) the 120 acres of land across the two parks. Toby Sproll (Head of Retail & Leisure) Financial Year Ending Sep 2014 Sep 2013 Sep 2012 Burhill Estates Company Ltd Turnover £106m £106m £105m Burhill, Walton-on-Thames, Surrey KT12 4BX Pre-Tax Profit £19.3m £12.4m £12.4m Tel: 01932 220815 Net Assets £344m £277m £292m Email: [email protected] Total Assets £915m £1027m £1005m Web: www.bglcompany.co.uk Primary Sector: Office Contacts Comment Paul Barnes (Property and Asset Manager) Bruntwood are one of the largest commercial property investment Financial companies in the country. Bruntwood own and manage over 90 Results For: Burhill Estates Company Ltd commercial properties in Birmingham, Leeds, Liverpool and Year Ending Dec 2013 Sep 2013 Dec 2012 Manchester Turnover £1.69m £0.68m £1.37m 01/14 - Bruntwood, in partnership with the Greater Manchester Pre-Tax Profit £1.62m £-0.72m £0.26m Property Venture Fund, was selected as preferred bidder for Net Assets £4.27m £3.09m £3.41m AstraZeneca’s 400-acre Alderley Park biochemical site. The deal is subject to funding from GMPVF. Total Assets £5m £4.41m £4.3m Comment 04/14 - Kier Property and Bruntwood submitted a planning BGL Estates is a trading name for Burhill Estates Company Limited. application for a new 93,240 sq ft, BREEAM Excellent building at 3 Sovereign Square, Leeds. BGL Estates owns and manages a diverse property portfolio including two 1,000 acre mixed use estates (Burhill Park, Walton 02/15 - Bruntwood submitted a planning application for the £14m on Thames and the Pyrford Estate, Woking), gated residential redevelopment of Two Cornwall Street, Birmingham. The scheme estates, various commercial units and the Quay and circa 850 will provide 110,000 sq ft of Grade A office space in 2016. moorings at Bosham in Chichester Harbour, West Sussex. 03/15 - Bruntwood sold Overseas House, on the corner of In addition to the management of the estates, BGL Estates also Deansgate and Quay Street, Manchester to Credit Suisse for undertakes development activities on some of its sites, to not only £12.25m. Bruntwood will carry out and internal and external revamp improve the Company’s existing assets and facilities, but to also of the 61,412 sq ft building, which will be re-branded Cornerblock. add value through sensitive developments. UK Commercial Developers Directory - 2015 Edition Section 2 - 39 UK Commercial Developers - A-Z Profiles CHE Chenavari Investment Managers Chesterhill Investments Ltd 1 Grosvenor Place, London SW1X 7JH Albany House, 10 Wood Street, Barnet, Herts EN5 4BW Tel: 020 7259 3600 Tel: 020 8449 9192 Fax: 020 8449 5493 Email: [email protected] Email: [email protected] Web: www.chenavari.com Contacts Contacts Brian Binstock (Managing Director) Sam Mellor (Partner) Stephen Cole (Director) Comment Primary Sector: High Street Retail Chenavari is an independent asset management group of regulated financial services companies, specialized in fixed income credit & debt markets. Cheyne Capital Management (UK) LLP 06/14 - Chenavari Investment Managers provided student housing Stornoway House, 13 Cleveland Row, London SW1A 1DH company TJAC with a £38.5m facility to buy two offices for conversion to student accommodation. The buildings, Elizabeth Tel: 020 7968 7450 Fax: 020 7968 7650 House in Cambridge and 150 Southampton Row in Bloomsbury, Email: [email protected] London, are let for 21 years to Cambridge Education Group and Web: www.cheynecapital.com offer space for 355 beds in total, plus lecture, teaching and laboratory space. The refurbishment will be completed in 2015. Contacts Jonathan Lourie (Chief Executive Officer) 07/14 - Artesian and Chenevari received planning consent for an Chris Goekjian (Partner and Chief Investment Officer) £80m office scheme at 20 Farringdon Street, EC4. The developers bought the site out of receivership for £15.9m in June 2013. The Comment Denton Corker Marshall-designed 100,000 sq ft scheme includes a Launched in 2000, Cheyne Capital is one of Europe’s leading 12-storey office block to replace the existing nine-storey 1980s alternative investment managers with over $6.5 billion of assets structure. It also includes a 4,000 sq ft pub. The consented scheme under management. has been placed on the market. 07/14 - Cheyne Capital and Greycoat purchased Salisbury Square House, EC4 for £66m from DEKA. The new owners plan to carry Chesham Estates out a major redevelopment when current tenant KPMG's lease expires in 2015. The Studio Barn, Bury Farm Courtyard, Pednor Road Chesham, Buckinghamshire HP5 2JU Tel: 01494 778918 Fax: 01494 770620 Chris Stewart Group Email: [email protected] Web: www.cheshamestates.com The Terrace, Advovates Close, Edinburgh EH1 1ND Contacts Tel: 0131 225 9567 Fax: 0131 225 8567 Julian Seabrook (Managing Director) Email: [email protected] Web: www.chrisstewartgroup.com Primary Sector: Hotels Contacts Comment Chris Stewart (Chief Executive) Chesham Estates is a specialist hotel and leisure development Fiona Reid (Property Manager) group Primary Sector: Diversified 09/14 - Chesham Estates received consent to regenerate the Comment former Honey Club site, Rhyll and develop a 70-bedroom Premier Inn complete with a Brewers Fayre restaurant and a ground floor The Chris Stewart Group is a property development and investment unit for retail, food and drink use. business based in Edinburgh. Its current portfolio has interests across residential, office and hotel and leisure property and includes the £46m award winning regeneration of Advocate's Close. Chester Properties Asset Management Ltd 03/14 - The Chris Stewart Group received a significant minority investment of growth capital from Proprium Capital Partners. The 28 Grosvenor Street, London W1K 4QR first deal concluded by the new partnership involves the purchase Tel: 020 3178 8133 Fax: 020 3178 8134 of Baxter's Place, a historic Georgian terrace building in Email: [email protected] Edinburgh's city centre, which is designated for 240-bed upmarket hotel development. Web: www.chesterproperties.co.uk Contacts 08/14 - Chris Stewart Group acquired 42 St Andrew Square / 38-52 Stephen Lyall (Managing Director) West Register Street, Edinburgh from receivers for an undisclosed amount. CSG is planning a mixed-use scheme on the site, which Tony Eastwood (Company Secretary) could include offices, homes and a hotel. William Gear (Asset Manager) Ian Sanderson (Asset Manager) 02/15 - CSG commenced work on a £30m Courtyard by Marriott in Edinburgh city centre. The 240-bed hotel, which involves Primary Sector: Shopping Centre renovation of a row of townhouses, is scheduled to open in summer 2016. Development funding is being provided by RBS England & Wales / NatWest Scotland. UK Commercial Developers Directory - 2015 Edition Section 2 - 55 UK Commercial Developers - Top 250 League Table - 03/2015 Ranking by square footage SECTOR Retail Shop' Developer Industrial Leisure Mixed Use Office Retail Ware' Centre Grand Total 201 Belfast Harbour Commissioners 289,010 207,000 496,010 202 Akkeron Leisure 492,216 492,216 203 Harlow District Council 484,000 484,000 204 Barker Mill Estates 477,530 477,530 205 Duddingston House Properties Ltd 462,228 462,228 206 BAM Properties Ltd 443,000 19,000 462,000 207 Harbert Management Corporation (Europe)450,000 LLC 450,000 208 Weaver Valley Partnership 438,000 438,000 209 MAS Plc 200,000 177,000 60,000 437,000 210 Seven Capital Plc 160,000 140,000 50,000 85,000 435,000 211 Silverlink Property Developments Plc 430,000 430,000 212 Leales Yard Ltd 430,000 430,000 213 Plough Yard Developments Ltd 424,000 424,000 214 Bluemantle Ltd
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