LCP welcomes Ceri Markham and Derek Croal as new asset managers

LCP welcomes Ceri Markham and Derek Croal as new asset managers

 

LONDON, 2018-Jan-30 — /EPR Retail News/ — LCP has appointed two new asset managers.

Ceri Markham and Derek Croal both join LCP’s head office in Pensnett, West Midlands. Ceri joins the industrial team from Cushman and Wakefield, where she was a senior surveyor in its asset services team. She has previously worked at Jaguar Land Rover and SEGRO.

Derek has joined the retail team from Walsall-based European Food Brokers Ltd, where he was group estates manager, leading the in-house property team in the management of the group’s 110 trading and 125 investment properties.

Managing director Nick Burgess said: “We’re gearing up for a very busy and productive 2018, with ambitious acquisitions targets, so we are delighted to welcome Ceri and Derek, who bring many years of first-class experience in their respective fields to LCP.”

Ceri, who enjoys travelling to South Africa where she has family, said: “Coming to LCP was an attractive prospect because of its ambitious plans for growth and because of its unqualified commitment to tenants. I’m very much looking forward to making my contribution to the firm.”

Sportive cyclist Derek added: “I’m very pleased to join LCP at a time of growth. It has expanded its retail portfolio significantly in recent years and its values in looking after the communities in which it acquires properties really appealed to me.”

Media Enquiries:

If you have any media enquiries please email propertyenquiry@lcpproperties.co.uk

Source: LCP

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LCP appoints Julian Diamond as new retail director

LCP appoints Julian Diamond as new retail director

 

London, 2017-Aug-31 — /EPR Retail News/ — LCP, the leading investment and property management company, has announced the appointment of a new retail director.

Julian Diamond joined LCP in 2004 as an asset manager at the company’s Millbank office in London, where he had responsibility for a mixed portfolio of retail, office and industrial premises in the South East of England and in Scotland.

With a promotion to LCP’s senior management team, Julian will play a central role in ensuring sustainability and income generation for the properties within LCP’s growing retail property portfolio, and will also manage and develop relationships with retailers.

He said: “I’m excited by the challenges of being a director at LCP, which continues to demonstrate its commitment to investing in its property portfolio and actively managing its assets.

“I’m looking forward to playing a significant role in the company’s continued expansion and working closely with our partners. Since the beginning of 2017, we have focused particularly on Scotland and have opened our first management office in Glasgow with great success. That office is about to expand further both in size and personnel.”

Nick Burgess, managing director of LCP, said: “Over the past 13 years, Julian has been an exemplary asset manager at LCP and his appointment to director is in recognition of his commitment and achievements over that time.”

Contact:

Julian Diamond
jdiamond@lcpproperties.co.uk  
020 7233 5255

Source: LCP

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LCP welcomes Roddy Proudfoot as asset manager to lead its new office in Scotland

LCP welcomes Roddy Proudfoot as asset manager to lead its new office in Scotland

 

London, 2017-May-17 — /EPR Retail News/ — LCP has appointed an asset manager to head up its new office in Scotland.

Roddy Proudfoot will lead the team in Glasgow from where he will manage the firm’s burgeoning Scottish retail and industrial portfolio.

He joins LCP with almost 20 years’ commercial property experience, latterly for Patrizia UK, where he was head of asset management for Hillington Park, Scotland’s largest business park.

Roddy will manage LCP’s growing commercial property portfolio from its new office at 6 Harmony Row, which opens this month (May).

He said: “It represents a great opportunity to play a key role in the continued development of LCP’s portfolio and the direction of the new office. I am very excited by that challenge, the opportunity to get to grips with a new portfolio of properties and to shape the role. I’m looking forward to having the opportunity to be part of LCP’s growth in Scotland.”

Welcoming Roddy to LCP, Nick Burgess, managing director of LCP, said: “We are pleased to welcome Roddy to our team. Opening our first office in Scotland signifies our commitment to investing further in our portfolio across the country.”

LCP’s Scottish portfolio has risen to 25 holdings in the last couple of years and includes Knightwood and Govan Cross Shopping Centres in Glasgow, Airdrie Retail Park in Airdie, and Forbes Court on the Middlefield Industrial Estate in Falkirk.

LCP group committed £98 million to investing in its commercial property portfolio 2016 and is aiming to invest a further £200 million this year in both retail and industrial properties.

Last year, the company invested in 41 sites across the UK, totalling 875,000 sq ft, the largest of which was the £23.34 million Blossom portfolio, comprising 216,000 sq ft spread across 14 sites.

Contact:
Tel: 020 7233 5255

Source: LCP

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London & Cambridge Properties annual strategic report reveals increase in turnover, pre-tax profits and investments

London, 2016-Nov-23 — /EPR Retail News/ — London & Cambridge Properties (LCP), one of the UK’s largest private owners of retail, industrial and office property to let, has posted an “exceptional year” of results, with an increase in turnover, pre-tax profits and investments.

The company’s annual strategic report for the financial year ending March 31, 2016, reveals that the group’s turnover was £98.430 million – up from £93.147 million the previous year – with pre-tax profits of £70.1 million, up £9.484 million from 2014/2015.

Investments across the group’s UK portfolio have also risen by more than £107 million over the past 12 months, with stock valued at £979.841 million. In continental Europe, its investment portfolio was valued at £183.281 million by March 31, 2016 – an increase of £45.338 million.

The strategic report also reveals that the revaluation of the group’s investment properties at March 31, 2016 resulted in a revaluation uplift of £31.2 million – an improvement of 3.1%.

James Buchanan, LCP’s investment director, said the 12-month period saw the company focus its acquisitions on neighbourhood shopping parades in the UK, acquiring properties to the value of £76.1 million. This included the £36.65 million Navigation portfolio of 19 sites that stretch from North Lanarkshire to West Sussex.

Nick Burgess, managing director of LCP, whose headquarters is based in Kingswinford, West Midlands, said: “This has been another exceptional year for LCP as we have continued our bold strategic plans to acquire properties that provide us with the maximum opportunities for investment and added value

“We remain committed to investing further in both retail and industrial portfolios across the UK and are in a strong position to do so. Our strategy is to improve returns and achieve asset growth through intensive management and development of our properties.

“Across the UK, our occupancy levels remained constant at 93%, although there was a 1.3% improvement in retail occupancy levels, which again reflects the success of our management approach to our portfolio.”

He added that any impact on the company from the result of the EU referendum will be assessed once economic data becomes available in the next six months.

Media Enquiries:

If you have any media enquiries please email kyates@lcpproperties.co.uk

Source: London and Cambridge Properties

London & Cambridge Properties appoints Andrew Barrett as new retail director

London & Cambridge Properties appoints Andrew Barrett as new retail director
London & Cambridge Properties appoints Andrew Barrett as new retail director

 

London, 2016-Sep-20 — /EPR Retail News/ — London & Cambridge Properties (LCP), the leading investment and property management company, has announced the appointment of a new retail director.

Andrew Barrett joined LCP in 2005 as an asset manager, based at its head office in the West Midlands, with responsibility for a portfolio of retail and industrial premises in areas including Wolverhampton, Spennymoor and St Helens.

Now, as a member of the company’s senior management team, Andrew will play a central role in ensuring sustainability and income generation for the retail properties within LCP’s property portfolio.  He will also manage and develop relationships with retailers.

He said: “LCP is a great company to work for and continuously demonstrates a dynamic and pro-active approach to property management. Its investment programme in the retail property market continues to grow and is something I am keen to play a significant role in, so I had no hesitation in accepting the role and am looking forward to the new challenges ahead.”

Nick Burgess, managing director of LCP, said: “Andrew’s considerable experience and extensive knowledge of the retail property market means he will be a welcome addition to the senior management team, whilst we continue to grow our retail portfolio.”

Media Enquiries:

If you have any media enquiries please email kyates@lcpproperties.co.uk

Source: London and Cambridge Properties

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London & Cambridge Properties appoints amateur racing driver Neil Harrison as legal counsel

London & Cambridge Properties appoints amateur racing driver Neil Harrison as legal counsel
London & Cambridge Properties appoints amateur racing driver Neil Harrison as legal counsel

 

London, 2016-Sep-06 — /EPR Retail News/ — Recruitment at leading commercial property company London & Cambridge Properties (LCP) has gone into overdrive with the appointment of a second amateur racing driver as legal counsel.

Neil Harrison, from Worcester, joins fellow amateur racing driver Richard Honick in LCP’s legal department, and will be based at the company’s head office on the Pensnett Estate, Kingswinford.

He will work closely with the main legal team at the company’s Millbank Tower offices in London, and will support LCP’s asset managers, providing legal and strategic advice on their property schemes, and liaise with external lawyers.

Neil moves to LCP from the Oxford office of Knight’s Professional Services Limited, where he worked in the real estate asset management team. He has 10 years’ experience as a solicitor, having worked as legal counsel for Birmingham-based Farmfoods Limited and as trainee solicitor and associate solicitor at MFG Solicitors in Worcester.

In his spare time, Neil races old Formula three cars and is hoping take part in historic racing next season when a family member completes the rebuilding of an historic Formula One car.

Neil said he was keen to join LCP because it offered a rare opportunity to combine in-house legal work while dealing with a diverse property portfolio.

“It offers the best of both worlds, so I’m delighted to join the company and use my in-house and professional services experience to support the asset managers,” he said. “With LCP undergoing an ambitious expansion and acquisition programme, it is an exciting time to join the company.”

Nick Burgess, managing director of LCP, said: “We expanded our in-house legal services department into our West Midlands office last year, and we’re very pleased to welcome Neil and believe his legal and real estate expertise will be an asset for the company.”

If you have any media enquiries please email:  kyates@lcpproperties.co.uk

Source: London and Cambridge Properties

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