CASE STUDY
Commercial Estate Management
Office & Retail Premises - Managing an occupier out of their retail estate

GOAL

Swinton outsourced their estate management function as they moved to an online trading model and centralised HQ. Our role involved advising on exiting their estate of 400 residual retail and office units across the UK.

 

SOLUTION

We managed the existing estate and exit programme, reporting to Board. The role involved acting as client representative managing landlords, commercial and building surveyors, in-house management teams and external service providers.

We reduced the estate size of the estate and balance sheet liability. We also regularising the service charge on Swinton’s 15,000 sq.m. Headquarters in Manchester.

 

RESULT

Acting over an 18-month period we helped the client reduced the asset list by 200+ properties minimising capex and long-term liabilities as the business progressed it’s digital transformation.

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