Menu
The Teachers Portfolio was a legacy property holding leftover from the acquisition of the Teachers Assurance acquisition by LV= (Liverpool Victoria).
The portfolio included Tringham House a prominent office building due to be vacated by the client, Everdene House, a tenanted office building neighbouring Tringham House, and 3 acres of land known as Wessex Fields, Deansleigh Road, Bournemouth.
LV= wanted to exit the holding in a timely fashion whilst maximising capital receipts.
To bring forward the various property assets for disposal in a timely fashion, ensuring there was appropriate engagement with the local authority and other key stakeholders in the local area, whilst ensuring we maximised capital receipts.
We had early engagement with the local authority and key local stakeholders to ensure there was good dialogue and a clear understanding of anticipated timescales and aspirations for the properties.
We devised and implemented three separate marketing strategies as each holding was of a very different nature and would appeal to a diverse range of investors, developers and owner occupiers.
The marketing strategies we implemented allowed us to create the critical tension between parties to generate strong capital returns for our our client. In the case of the Wessex Fields, the targeted engagement with roadside operators helped drive value well beyond expectations.
Realest – Steven Williams, David Ferriman
LV= – Steven Carr, Laura Robey
Legal – Womble Bond Dickinson, Nicholas Brown
LV= (Liverpool Victoria)
Agency & Consultancy Advice
Agency, Lease Advisory
Insurance Services
The sale of the Teachers Legacy Portfolio was a complex disposal process, involving engagement with local authority stakeholders and various asset classes including land, investment and vacant property.
Steve and the Realest team’s extensive market knowledge and expertise guided us through the independent and commercially confidential process, exceeding our expectations in both client service and most importantly capital receipts.
Property Marketing Specialists