WHAT WE DO

Edge Real Estate provides services to cover all aspects of Fund Management including;

• Fund Establishment
• Preparation of Information Memorandum
• Financial Structuring
• Equity Raising
• Appointment of appropriate Trustees and FSA regulated Fund Operators
• Regular reporting to Investors
Edge Real Estate provides clients with advice and assistance required in connection with the management of their properties. We provide a single point of contact for all property related issues for the client, including;

• A full review of all income/expenditure
• A business plan to reduce any non-recoverable expenditure
• Tenant audit & production of a tenant gap analysis to identify opportunities
• Identification of tenants at risk, tenants who need to upsize and activate discussions with all active occupiers
• Investment advice on maximum value recovery
• Review of planning and identification of higher value land uses
• A single point of contact for all property, accounting and legal queries
• General rent review policy or policies for the property to maximise reversion where possible
• Implementation of such general rent review policy or policies reporting to and assessment regarding the effect on value of lease conditions and terms, and tenant mix including making recommendations for improvements
• Investigating, reporting and making recommendations on the need for general marketing of the property
• Reporting with recommendations for and assessing with the client/fund all budget policies and making recommendations for improvements
• Supplying analysis of past and future rental and capital value growth, performance and recommendations for policy changes to achieve maximizing such growth and performance generally
• Supervising all arrangements for, reporting on and making recommendations for all proposed professional appointments
• Monitoring of and reporting on the day-to-day performance of appointed agents and contractors on health and safety
• General advice on value and indicative valuations as and when requested by the client/fund
Edge Real Estate provides 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
Edge Real Estate’s aim is to work with equity partners to invest into:

• Good quality student accommodation projects developed by Edge Real Estate
• Underperforming but well-located student accommodation projects where significant improvements in overall performance can be made through Edge Real Estate’s expertise in active asset management

Edge Real Estate Acquires Huron Portfolio

Edge Real Estate Property Investments has acquired a portfolio of mixed-use assets previously owned by the family of former Wigan FC chairman Dave Whelan for £50m.

Funded by ICG Longbow, Edge Real Estate – the investment division of Real Estate Group – has bought the Huron portfolio, which comprises nine DW Fitness Health & Leisure clubs around the UK; 8 King Street in Manchester; four retail assets in Wilmslow, Wigan, Lancaster and Northampton; and a single industrial investment in Wigan.

The group has also recently acquired Denton Holme Student Village in Carlisle, a 249-bed student accommodation scheme with an approved phase two for a further 250 beds.

“We are delighted to have expanded our investment business with several long-lease assets,” said Brendan Flood, chairman of Real Estate Group.

Source: Property Week

Edge