Propitas undertake Pre-Acquisition Survey
Propitas were appointed to undertake a pre-acquisition survey of a 14,000 square foot office building on behalf of an international electronics firm as part of their long leasehold acquisition. Although the building was just 10 years old and had never been occupied we identified significant … Read More
Station Approach, West Byfleet
Instruction Synopsis Our client Altitude Real Estate Investors acquired the site in mid 2015 which comprised a 1960’s office building over an existing town centre retail commercial centre. Initially Propitas advised the client during due diligence of the acquisition. Working with the Local Planning Authority, … Read More
The Belvedere, Tunbridge Wells
Instruction Synopsis Propitas are appointed by Altitude Real Estate Investors as Project Managers in connection with the mixed-use redevelopment of a strategic site in central Tunbridge Wells close to the main line train station. The proposed development comprises 108 residential apartments above 65,000 sq ft … Read More
Propitas Advise Major Electrical Distributor
Propitas were appointed to provide strategic dilapidations advice and an assessment of potential dilapidations liabilities in respect of a large distribution facility in Bedfordshire. The property comprised a large warehouse and ancillary offices extending to 116,000 square feet with extensive yard areas. An assessment was … Read More
A Race Against Time
Propitas were engaged by a major logistics operator to project manage the fit-out of a large distribution facility totalling 164,000 square feet. This followed the successful acquisition of the property with Propitas undertaking a pre-acquisition building survey and schedule of condition. Working to an accelerated … Read More
Leander House, Solent Business Park, Fareham
Instruction Synopsis Propitas were instructed by Wesleyan Assurance Society to carry out a pre-acquisition survey of this 25-year-old office building, which comprises circa 45,000 sq ft of office accommodation on a ‘Listed X’ status site. We were appointed to lead the technical team, which included … Read More
Evolution 50, Andover
Instruction Synopsis Propitas were instructed by Laleham Healthcare to undertake a pre-acquisition survey prior to the intended long leasehold occupation by our client. The property comprises a modern warehouse unit constructed in 2015 offering circa 52,000 sq ft of internal accommodation in addition to a … Read More
Ashley Park House, Walton-on-Thames
Instruction Synopsis We were appointed by KBC to inspect their head office and prepare a dilapidations assessment report for budgetary and strategy purposes during the last few years of their 15 year FRI lease. The headquarter office building was constructed in circa 2001 and provides … Read More
Langley Studios, Langley, Slough
Instruction Synopsis We were appointed by Netflix to establish the state of repair of the property and prepare an estimate for the potential dilapidations liability for budgetary purposes prior to Netflix taking a new lease on the studios and thereby inheriting any dilapidations liability of … Read More
RCA Portfolio, Nationwide
Instruction Synopsis Propitas Ltd were instructed to prepare a full reinstatement cost assessment valuation on a portfolio of 13 properties located in Wales, Liverpool, Manchester, The West Midlands and London. The buildings mainly comprised residential (flats) accommodation with a number of properties also including retail … Read More
Forbury Works, Reading
Instruction Synopsis Propitas were appointed by Boultbee Brooks Real Estate as Project Manager, Cost Consultant and Principal Designer on the refurbishment of Forbury Works, a 25,000 sq ft office building in central Reading, opposite the train station. The property comprised a concrete framed structure behind … Read More
Sheer House, West Byfleet
Instruction Synopsis Propitas were instructed by Altitude Real Estate to lead a technical due diligence team in pre-acquisition advice for this investment acquisition. The property comprises a mixed-use development constructed in the mid 1960’s extending to a site area of 1.2 acres. The property is … Read More
Viewpoint One, Bracknell
Instruction Synopsis Following the purchase of this 34,000 sq ft office, constructed circa 2001, our client approached Propitas to project manage a comprehensive scheme of refurbishment. Propitas led a team comprised of Architects, Structural and Services Engineers. Full vacant possession was achieved of the property, … Read More
Voyager, apollo rise, Farnborough, hampshire
Instruction Synopsis We were instructed on behalf of Northwood Investors International Limited to manage the implementation of a Cat A cellular serviced fit out of this 14,000 sq ft office building located within Farnborough. Following the client reviewing our pre acquisition survey and agreeing a … Read More
Propitas completes midlands logistics hub fit out
Propitas were engaged by a major logistics operator to project manage the fit-out of a large distribution facility totalling 164,000 square feet. This followed the successful acquisition of the property with Propitas undertaking a pre-acquisition building survey and schedule of condition. Working to an accelerated … Read More
Vulcan Way, Sandhurst
Instruction Synopsis Propitas were appointed to carry out a pre-acquisition building survey of this 82,000 sq ft industrial estate located in Sandhurst. The estate comprised a total of 33 units which were of varying forms of construction and which were constructed between 1960 and 1990. … Read More
Heywoods House, Liverpool
Instruction Synopsis Propitas were appointed on behalf of Wesleyan Assurance Society to carry out an external building survey of the grade two-listed property, which consisted of a 35 room, boutique hotel and restaurant over 4 storeys. Following the defect diagnosis inspection and provision of a … Read More
Programme, Birstol
Instruction Synopsis Propitas were initially appointed by the client to assist in due diligence on the acquisition of The Pithay, Bristol, (rebranded Programme) with a view to assisting them to deliver on their business plan for comprehensive refurbishment and rebranding of the property. Programme is … Read More
Propitas London Office Appoints New Chartered Surveyor
Propitas are delighted to announce that Adam Bray has joined the Propitas London team. Adam is a Chartered Building Surveyor and brings with him a wealth of knowledge in both project and professional services delivery. Harvey James, Director and head of the London office, commented … Read More
Propitas attend IPF midlands annual dinner
Director, Chris Hodgson, attended the Birmingham IPF dinner on Thursday 24 October, as a guest of Tim Rayner of Irwin Mitchell LLP. Lord William Hague was the guest speaker, who provided a light hearted take on all things political. A superb event and a great … Read More
