Percor Capital

Track Record

Curo Sterling (Valegate) LP

This comprises a retail warehouse park which was acquired for £26.5m from ESN Nominees in 2006. The equity raising amounted to £8m. 

Queen Street BPRA Fund

Empty 63,000 sq.ft. office building in Glasgow acquired from LaSalle in 2012 with a GDV of £16 million. Being converted into a 171 bed Travelodge Hotel with over £7 million of equity raised and with the benefit of BPRA allowances.

Curo Sterling (Dumfries) LP

This comprises a retail warehouse park which was acquired for £19.5m from Citibank in 2007. The equity raising amounted to £6m. 

Cobalt 7&8 EZ Syndicate

3 HQ offices buildings on Cobalt Business Park, Newcastle let to Formica and G4S, acquired for £32 million in 2008 with the benefit of Enterprise Zone allowances. Private equity of c. £14 million raised.

Chatham Quays EZ Syndicate

Leisure scheme in Chatham Historic Dockyard acquired for £25 million in 2008 with the benefit of Enterprise Zone allowances. Private equity of c. £10 million raised and remains under management.

Rotunda, Kingston

A 170,000 sq.ft. leisure scheme in Kingston upon Thames anchored by Odeon & David Lloyd, acquired for £42 million in 2009. The property was sold 18 months later for £50 million providing a return of c.25% on Investors equity.

 

Percor continues to provide property asset management services to a number of the above launched funds. Through our associated company London & Sterling, we are also appointed as asset manager for UK Asset Resolution, which is HM Treasury’s holding vehicle for Bradford & Bingley and Northern Rock. This instruction is on-going and references can be provided confirming the exceptional work undertaken on their behalf.

Jean-Pierre Permutt
Director

T: +44 (0)207 009 2062
M: +44 (0)7779 614 635
E: jp@percorcapital.com

Robert Corlett
Director

T: +44 (0)207 009 2061
M: +44 (0)7968 875 531
E: rob@percorcapital.com