Real estate business racks up £100m of investment deals in first year
Manchester-based investment agency, Carrick Real Estate, has marked its first anniversary with the completion of more than £100m of investment transactions.
It said 70% of the 21 investment transactions were successfully completed off-market.
Over the past 12 months the niche investment agency has undertaken a range of investment acquisitions and disposals for clients, including CDP Marshall, CBRE Global Investors, BMO, LCP, NWTC, Northwood, Orbit, Ribston, Savills IM and Wrather & Co.
Steve Carrick, of Carrick Real Estate, said: “Since our launch last October we have been solely focused on our clients and providing them with a boutique service.
“We have a deep understanding of their requirements and focus on a limited number of investors to avoid any dilution of service.
“We strongly believe in zero delegation, absolute trust and conflict free advice.”
He added: “Looking ahead, we will continue to advise clients through the challenges of Brexit and rise to the challenge of uncovering off-market opportunities.”
Working across the office, industrial, retail and leisure sectors, Carrick Real Estate has completed a range of significant transactions including:
The £10.3m sale of the Footasylum industrial unit, Stakehill Industrial Estate, Middleton, for CBRE Global Investors;
The £5.1m acquisition of Lookers Plc’s HQ in Altrincham, Manchester, on behalf of Savills Investment Management;
The £6.6m acquisition of 3400 Lakeside, Cheadle, South Manchester, for client, Northwood;
The £5m acquisition of Estuary Business Park, Speke, for BMO Real Estate Partners;
The £14.3m acquisition of Evans Halshaw Motorpark, Priory Park, Hessle, for a South African investor;
The £2.5m sale and leaseback of The Canal House, Birmingham, on behalf of New World Trading Company.
