Featured News
March 2016
After 12 years at The Edge in Manchester, Spectrum are relocating to Altrincham from the 22nd March. This will be an exciting next stage for the Spectrum business, providing us with a great platform to build on what has been a very busy last 5 years. New Address will be 26 Regent Road, Altrincham, WA14 1RP
In The Press.
London Marathon
May 2014
After 4 months winter training, covering over 470 miles, our joint Managing Director Peter Macfarlane completed the 2014 Virgin London Marathon in a PB of 4:18 and 23 seconds. Raising over £2200 for the charity Sense. A really delighted Peter confirmed that it is not just his first marathon, but his only marathon. He would like again to thank everyone who supported him making it such a special day and a great result for Sense.
Peter Macfarlane to run London Marathon 2014 for Charity
January 2014
Peter Macfarlane, Investment Director for Spectrum is running the London Marathon 2014 for the Charity Sense, a charity that provide support and respite care for the 250,000 deaf blind people who live within the Uk. We wish Peter our support as prepares to run the marathon for this great cause.
Berg JV
July 2013
Spectrum has formed a Joint Venture with Berg & Co Solicitors to provide Debt Advisory services to companies in the property sector. This will include advice on re-banking, fund raising and asset management. Berg has a specialism in advising clients on interest rate products.
Spectrum Student Living
July 2013
Spectrum has teamed up with Craig Mellor, formerly of Opal, to form a new vehicle, Spectrum Student Living Ltd. Through this venture, Spectrum aims to provide a focused and experienced asset management and financing solution to the student sector with a view to attracting opportunities as follows:
• Management Contracts on both well-established, underperforming and development stage student accommodation schemes in the UK.
• Development Opportunities for new student accommodation projects in major cities in the UK and potentially wider Europe.
• Investment Acquisitions of existing student accommodation schemes and projects for active management / improvement – identification of underperforming assets for acquisition through our network of contacts.
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Spectrum Go Shopping in Barnsley Spectrum on behalf of the Spectrum Alpha Property fund (in a joint venture through the Barnsley Retail Partnership) are delighted to announce that they were successful in obtaining consent for a food store on the edge of the town centre in Barnsley South Yorkshire. |
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Ex-Modus men move into supported living
June 2012
Spectrum Retail Management is to move into the market for providing supported living accomodation after securing a £785,000 loan from the Co-Operative. For more information contact Peter Macfarlane
Spectrum acquire five properties for Supported Living project.
June 2012
Spectrum Retail Management is acquiring five residential properties as part of a Supported Living project, thanks to £785,000 of funding by the South Manchester corporate banking centre (CBC) of The Co-operative Bank. For more information contact Peter Macfarlane
New letting at Tower Vaults, London
April 2012
Spectrum is pleased to announce the completion of its extension to its Tower Vaults property. A new fully glazed unit adjacent to the Tower of London has been constructed and pre let to Costa Ltd for 10 years. The views from the new unit include the Tower of London, the Thames and HMS Belfast. For more information contact Peter Macfarlane
New letting at Whitney Court, Oldham
September 2011
Spectrum has secured a new letting at an office property at Whitney Court, Oldham on behalf the Spectrum Alpha Fund. The new tenants is EXS Interactive Ltd. For more information contact Peter Macfarlane
Modus asset management arm relaunched as Spectrum
August 2011
David Lockhart and Peter Macfarlane, the former directors of the Modus asset management arm, have completed a buy-out and re-branding of the business as Spectrum Property Management.
Spectrum will continue to manage a commercial property portfolio of around £450m as part of the deal. It includes investments across the UK, including shopping centres, supermarkets, retail and leisure parks and office properties. The business is also focused on generating new opportunities for investors.
The main fund under management is the Alpha Fund, which was established in 2005. It has now been rebranded as the Spectrum Alpha Fund.
The Spectrum business continues to be based in Manchester.
Modus's asset management arm and the various property funds and investment portfolios under its management were unaffected by the administration of Modus Ventures business in May 2009.
New lettings at Cineworld Scheme, Cardiff
August 2011
Spectrum on behalf of the Spectrum Alpha fund continue to agree new lettings at the Cineworld scheme in Cardiff to Hooters of America and Flaming Dragon.
Only one unit remains of just over 4000 sqft. For more information contact Peter Macfarlane