Asset Management
Commercial Property Asset Management
Our asset management portfolio
- Approximate portfolio value
- £135.5m
- Assets under management
- 33
- Sq ft of assets
- 374,000
- Annual rent
- £7.97m
- Commercial tenants
- 102
- Residential units
- 69
Active management
- Lettings and re-gears in the last 12 months
- 32
- Planning applications in the last 12 months
- 24
- Managing agencies
- 8
- Leasing agencies
- 9
Adding value after completion
Nightingale Partners' involvement continues well beyond the acquisition process. For many clients we implement the business plan and asset management strategy agreed at the outset, assist with financing, and oversee day-to-day management — so the investment thesis is delivered, not just bought.
Our directors have driven rental growth, led repositioning projects and delivered benchmark-beating returns across most commercial sectors. That experience informs every acquisition we recommend: we look for the lease events, planning angles and occupational changes that will create value over the hold period.
Value enhancement initiatives
- Lease re-gears and removal of tenant break options to secure and lengthen income
- Rent reviews, re-lettings and tenant mix strategy
- Change of use, planning and permitted development opportunities
- Refurbishment and repositioning of offices, retail and industrial assets
- Debt and equity financing support, including capital raising and joint ventures
- Timing and execution of the exit
Planning, Consultancy & Advisory
We provide strategic planning consultancy and advisory services, identifying opportunities for change of use, redevelopment and repositioning, while overseeing specialist consultants to enhance asset value and deliver clients’ investment objectives.
Financing & exit
Assistance with finance or disposal timed to capture the value created.
Proven results
At 10 Whitfield Street, W1 we assisted Aviva Investors with the re-gear of the principal lease and removal of tenant break options, extending 48% of the income without a break before a disposal significantly in excess of quoting price — capital growth of c. £4.5m (28%) in 2.5 years. At Brazil Close, Croydon, a phased break-up of a multi-let industrial estate for Wallop Estates produced a 50% return on equity.
Read the full case studies.
How we work
- 01
Business plan
We set the strategy at acquisition: target rental growth, lease events, capex and exit timing.
- 02
Lease engineering
Re-gears, removal of breaks, rent reviews and re-lettings to extend and strengthen income.
- 03
Repositioning
Refurbishment, change of use and planning initiatives, often delivered by local specialists we oversee.
- 04
Financing & exit
Assistance with finance or disposal timed to capture the value created.
What our clients say
Nightingale Partners have for many years provided invaluable development and investment advice to the Group and recently took over the management of the entire portfolio.
The transition was seamless and the improvement in service quite remarkable with enhanced site supervision, reduced service charges and significantly improved financial reporting and control procedures in place. The service is very personal and highly professional.
We have worked closely with the team at Nightingale for many years and concluded numerous transactions together.
As a family business we have greatly valued their advice and support. More recently they have taken over the management of a substantial element of our property portfolio and I have been delighted with their thoroughly professional approach.
We have worked with Nightingale on the management of our former Earls Court assets and now our Lillie Square Estate.
We have found their broad experience, knowledge and their proactive approach to management to be of real benefit. They are thoroughly professional and competent in all aspects of their work.
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