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
Examples of our Work.
The Alpha Fund
The Alpha Fund was established in 2005 as a Joint Venture with Royal Bank of Scotland and 18 private investors. The Fund had a tax efficient Jersey Unit Trust/UK Limited Partnership structure which held 23 properties across a range of sub sectors including food stores, leisure schemes, offices, high street shops and industrial units. The properties were located across England and Wales and the focus of target properties was long lease income with strong tenants. A number of the properties had asset management angles which the team exploited.
Joint Venture with major UK retailer
Various investment funds were established between 2006 and 2009 as part of a major Joint Venture with a significant UK retailer to facilitate sale and leasebacks to assist the expansion of the retail business. During this time Spectrum successfully raised £350m of funds by way of debt and equity to finance the sale and leaseback programme.
During the period of ownership Spectrum identified a number of added value opportunities and a successful exit was agreed in 2010 when the properties were all sold.
Supported Living
Spectrum is working closely with partners on the delivery of a pipeline of residential properties for occupation by vunerable adults who require support in their day to day lives.
The aim is to create opportunities to invest into quality residential property with the underlying income stream derived from Local Authorities.
Click here to contact David Lockhart for more details.
Shopping Centre Portfolio
Spectrum has significant experience of the complex process of shopping centre management and the role encompasses asset management, leasing, employment of shopping centre staff, administration of service charges and generally identification of added value opportunities.