Accumulate Portfolio Update May 2021
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AS SEEN IN Accumulate Portfolio Update May 2021 Canterbury Innovation Centre University Road, Canterbury, Kent. CT2 7FG Email: info@accumulatecapital.co.uk Tel: 01227 936 996 www.accumulatecapital.co.uk
Message from the CEO The end of May has brought with it a new milestone in the fight against Covid-19. More than 60 million coronavirus vaccines have been given in the UK, as roughly 72% of the adult population have received at least one dose. The easing of restrictions continues as heart-warming stories of family reunions are displayed across social media platforms and the government’s first mass gathering trial provides promising results for the future of large events. It’s nice to see the media filled with more ‘normal’ news as football fans were finally able to return to the stadium and clips from Eurovision 2021 went viral with Britain achieving a record score of 0 points. In terms of business, the government’s pledge to invest a large proportion of the 2021 budget into public infrastructure to transform the UK’s economy has led to a wealth of private investment opportunities, forecast to bring billions into the property market. The impending green industrial revolution will increase the country’s movement towards carbon net zero as it firmly places sustainability and green energy at the heart of its recovery process. The ripple effect of the significant infrastructural, and industrial investment, will be the increasing value to the property located within these areas. We will discuss this and other topical news such as the debate regarding the stability of cryptocurrency investments, the UK’s latest trade endeavours and the rising level of inflation. Best Regards, Paul Howells CEO, Accumulate Capital
CRYPTOCURRENCY & THE rare = 1, unlikely = 2, possible = 3, likely= 4 and certain = 5. STABILITY TO VOLATILITY SCALE The severity of the risk would be divided into another five categories with the same values: no loss = 1, minor loss = 2, moderate loss = 3, major loss = 4, entire loss = 5. With the hype for cryptocurrency continuing to push this digital asset class beyond our wildest expectations, the Financial Times suggest that the line For example: between ‘too good to miss’, and ‘a bubble ready to burst’, is blurring at an alarming rate. The most stable risk level would have a value of 1 = rare (1) x no loss (1) According to the Financial Times’ recent article on Bitcoin, the largest The most volatile risk level would have a value of 25 = certain (5) x entire loss (5) cryptocurrency by volume is worth 600% more now than a year ago, soaring from about $7,000 per bitcoin to $54,000 in extreme price swings. Crypto’s Cryptocurrency would likely fare somewhere between the values of 20 and 25 on skyrocketing returns have been broadcast widely across various social and media the risk level scale towards the volatile end. platforms for the past six months, and for anyone who is considering investing in crypto the question is one of how much risk can you stomach? The factors that have fed into the rapid growth of crypto’s value are ones of timing and circumstance, the $65,000 record high in reached in April of this If we created a scale in order to compare the various investment asset classes in year came as a result of the increasing backing from a number of billionaire terms of their risk level, we would aim to measure the stability to volatility ratio. hedge fund managers and in particular the Tesla giant, Elon Musk. Similarly, Using a very simple example, the risk level would be equal to the probability of the notoriety of cryptocurrency has increased the amount of investors trading, value fluctuation times the severity of the fluctuation. purchasing and selling these digital coins; another factor that has inflated the value of this asset class. The Financial Times’ research team collected the opinion Risk Level = Probability x Severity of various economists both inside and outside of the cryptocurrency field and Volatility = 25 opinion remains just as divided. However, in spite of this divergence in opinion Stability = 1 the mutual understanding that seems to have arisen from these discussions is that market entry and timing are key because of the extreme volatility and the absence of a legitimate investment strategy. It may be a very lucrative short-term investment though a price bubble that continues to inflate will simply increase Using numerical values to demonstrate how this simplified version of risk the pressure, driving it inevitably to bursting point. calculation would work, the probability would be divided into five categories with the following values:
IS THE STAMP DUTY HOLIDAY DRIVING THE UK’S HOUSE PRICE SURGE? The conclusion of May saw an astounding 10.9% increase in property prices throughout the UK; according to Nationwide, this is the highest year-on-year growth the housing sector has seen since 2014. The sheer volume of transactions in the conveyancing pipeline is likely a reflection of the momentum gaining in the property market due to the conclusion of the stamp duty holiday ending on the 1st of July. With the deadline fast approaching and the number of completions increasing, there is strong evidence that the housing market will continue to perform in overdrive. As per Google Trends data, internet traffic towards property websites is experiencing upwards of a 32% increase on their April average. Additionally, pre-Covid mortgage approvals are also up 76.5% and the UK achieved a new average property value record of £242,832, having increased by 9.9%. Building society giants Nationwide have described the market as ‘buoyant’, further commenting that buyers are engaging in a race for space as various regional and coastal locations throughout the UK experience a significant uplift in demand. The lifestyle changes that have been undertaken in the past year have created a new generation of buyers who are seeking bigger homes to accommodate for remote working facilities, proximity to the coast or other landscape features and private land for garden spaces. Another reason for this is the lack of homes on the market to satisfy this demand, a factor which is inevitably pushing prices in an upwards direction. Confirmed by the Bank of England, this upwards price pressure is raising the cost of living and increasing inflation rates. As per the ONS Consumer Price Index, inflation increased by 1.5% in April this year and there has been speculation as to whether the bank would increase interest rates as a result of this. There has been some discussion amongst market analysts as to whether the conclusion of the stamp duty holiday could leave those who miss the deadline in negative equity.
ECONOMIC INSIGHT: STRENGTH OF GBP, UK’S TRADE PROGRESS, INFLATION RISING GLOBALLY This month’s economic news disagreement is not likely to have a highlights consisted of the continued detrimental effect on the British pound. strengthening of the British pound currency, progress towards the UK expands its trade market UK’s post-Brexit trade deals and the rising level of concern regarding In the latest news in the UK’s the government’s public spending determination to level-up its trading borrowing levels pointing to inflation. prospects, China has overtaken Germany as the UK’s top import market. Strength of GBP According to the ONS, goods imported from China rose 66%, from the start Of all the major currencies so far into of 2018, to £16.9bn ($24bn) in the first 2021, the British pound sterling (GBP) quarter of this year. has been the strongest consistent performer against the US dollar rising The UK has also reached out to Australia by as much as 3.1% in February of to offer a free-trade agreement in which 2021. This marks the highest it has both countries would phase-out taxes been for three years and was the fifth on imports over a 15-year period. The consecutive month of value appreciation cabinet are divided on an agricultural in the dollar vs GBP exchange rate. matter for fear of undercutting UK prices by working with larger Australian This boost likely comes as a result of producers. The cabinet have reached a the phenomenal vaccination roll-out unilateral decision and the offer has now as around 72% of the adult population been formally made. Trade between the have received at least one dose. With UK and Australia in the year 2019-2020 the efforts of the NHS, the roadmap out was valued at £20.1 billion, if the UK’s of lockdown is progressing as planned offer is accepted this amount is set to and this positive economic outlook has expand vastly and provide very lucrative greatly improved market sentiment as opportunities for UK businesses. Inflation rising globally China and the US, showing signs consumer spending has begun to rally. of increasing inflationary pressures Most recently, the UK’s bid to join the According to Reuters, UK shares investors are rapidly losing confidence There is some criticism from analysts 11-member Trans-Pacific partnership experienced the largest decrease since in the stability of the stock market. across Europe as the concern for trade bloc was approved and the late October 2020. This sudden drop pending legal action against the UK in UK have signed a trade deal with is believed to have been an effect of In terms of the UK, the Bank of regards to the decision to unilaterally Norway, Iceland and Liechtenstein. the depreciation of US tech stocks due England’s continuation of its quantitative override parts of the Northern Ireland With accession talks having opened to the increasing fears of an onset of easing programme and the gradual protocol, casts a political shadow. and the UK commencing the joining inflation in the US economy. The blue- removal of restrictions have boosted However, the Commerzbank analysts process, this news presents a potentially chip index (FTSE) declined by 2.6% and the economy and prevented the need in Germany recently issued a GBP market-changing deal to secure even this same source reported that all the to introduce negative interest rates. All vs USD forecast of 1.36 by the end of more overseas opportunities for UK FTSE 100 constituents were trading in of the above factors have contributed to June 2021, rising to 1.38 at the end of businesses as the country seeks to negative territory too. Market Analyst, the UK’s controlled economic recovery September and holding at that level for expand its global role. Sophie Griffiths, commented that with and kept inflation levels at bay. most of 2022. It seems that this potential the world’s two largest economies,
INVESTOR INSIGHT Mr. Michael Waller through a previous business friend and when they contacted me and told me about the Cheyne Walk project, I made the decision to invest. It I’m relatively new to property investing, having invested like many was an extremely attractive opportunity for me, as personally, it suited others into cryptocurrency, ´green projects` and of course shares. my short term investment strategy. However, it’s the property market that is ticking all of my boxes currently. I have found Accumulate Capital to be a very professional company to deal with. They are honest, transparent and moreover, personable. I’m semi-retired after a long and successful career in specialist printing, Scott in particular, will call with updates and new opportunities without I am a member of a City Livery Company as well as a Freeman of the undue sales pressure, which is so very different from other companies City of London. I’m still very interested in business in general and have and their pressurised sales techniques! set up my own company and I am also a non-executive Director of another company. The property market, particularly housing, has risen Well done AC! by over 10% this year and is still growing exponentially. When choosing an investment, property wins hands down and this is what attracted me to Accumulate Capital. I had already known them Mr. Cleveland DeRoche As a result, I have sought to shift my business model, diversify my risk and align it with a return which is perhaps more realistic and can be I cut my teeth working my way upwards through the corporate ladder achieved with minimal effort (Accumulate Capital). I have for a number as an Accounts clerk, Company Accountant and finally a Finance of years looked at Property Bonds and Property Investment schemes, Director. As a result, I have collected a number of disciplines on my mainly because of familiarity and the simple concept i.e. you provide journey which has given me the confidence to steer my own ship and the funds, let them do the dirty work and you hopefully get rewarded provide free advice to start-up companies which is a little passion of for minimum effort. mine. Primarily, I am a Property investor who has built a moderate double-digit portfolio predominantly in the North of England. I try I chose Accumulate Capital because the guys were friendly, easily to look for yields of between 8-11% or an ROI of 20-27%. It helps accessible, knowledgeable and transparent. However, in any tremendously that I am semi-retired as I am driven by income and not investment decision you must do your due diligence, scale the capital growth. My motto is “I need to eat today, not tomorrow” thus, risk, trust the parties, double check the numbers and examine the income is more immediate and capital is about the future. plausibility of the deal. In my eyes Accumulate Capital ticked all the boxes. What has become clear to me over a number of years is although I might in theory achieve these results, in practice, I have seen returns With regards to my investment in Cheyne Walk, to date they have been fall in some of my investments. This was mainly due to external and true to their word and the constant feedback makes me confident our internal factors e.g. Government interference in the property sector and relationship will continue to flourish. bad tenant selection.
UPCOMING WEBINAR SERIES After the overwhelming feedback we received from our first exclusive potential investors with a voice. Our new webinar series will include WIN AN EXCLUSIVE WEEKEND AT OUR webinar event for international clients, information on property development NEWLY RENOVATED, LUXURY BOUTIQUE we have decided to create and host a series of informative webinars to our finance opportunities, market intelligence and our strategy and HOTEL AND SPA FACILITY current and prospective clients. provide an open floor for investors to Successfully capitalising on the current ask questions. market can be challenging, and we For more information and to subscribe believe that hosting informative look out for our mailer invitations. webinars where we can discuss our We are excited to provide this new Participate in our Prize Draw by completing the two-minute survey here and win an all- strategy and procedure with investors digital service, especially as our last inclusive trip for two as VIP guests to the exclusive opening weekend for our boutique and various property professionals event surpassed full capacity, and we Habrough Hotel and Spa. alike creates a transparency and sense look forward to speaking with you there. of community which also provides THE REALITY PAGE Access all the latest activity with our development projects on the Reality page of our website. Our development partners are making fantastic progress and we are excited to share this with you. https://www.accumulatecapital.co.uk/reality/ WE ARE WELCOMING BACK SITE TOURS We are excited to be able to offer site tour places again as we know how important it has been for previous investors to be able to experience and clearly envisage the development plan in the process of selecting an investment opportunity. We are so pleased to be able to welcome our investors back to our sites after such a long period of restrictions. It is vital for us to be able to share our vision for the development with you and provide the opportunity to open an informal discussion over some tea or coffee. For more information about the availability for upcoming site tours, keep an eye on our website’s reality page.
OUR WEBINAR EVENT HOW TO IDENTIFY EXCEPTIONAL OPPORTUNITIES IN AN ADVERSE MARKET TUESDAY 25TH MAY We were absolutely thrilled to have hosted another webinar event with our fantastic in-house Senior Development Specialist, Maxine Turner, joined by our brilliant Project Manager for The Habrough hotel, Richard Craker. The purpose of this webinar was to share some insight with our investor community as to how we recognise opportunity in an adverse market, including our methodology, due diligence process and the components that we look for when predicting key strategic growth areas. We utilised the example of our Doncaster project when discussing how we capitalised on market demand and introduced how our latest acquisition fulfils the above criteria. We are once again overwhelmed with the positive responses and feedback that we have since received from our investor community. After the popularity of the previous webinars, we were excited to see this event oversubscribe and create a full participation atmosphere. Thank you to our wonderful investor community and we hope to continue to bring relevant, informative and topical virtual events for your participation.
NEW Our Latest Acquisition: ACQUISITION The Habrough Hotel With just two months left in the been completed with the Orangery first fix works are completed and the refurbishment program, we are excited groundworks and foundations schedule moves to the finishing stages to confirm that all works scheduled for commenced. Completed works include of decoration with the second fix May have been completed and that drainage works for the main area bar installation of furniture and finishings we remain perfectly on schedule for & commercial kitchen and the first then scheduled for July. completion at the end of July. fix of the air conditioning system. Ongoing works to schedule, include the Next month we look forward to sharing On the second floor, all first fix works following first fix installations; electrical, mood boards showcasing the finishes and decoration except a final coat of plumbing, emergency lighting, fire and furnishings for each area until then paint have been completed with all alarm system, WIFI, Sky, and access we are proud to share the latest virtual bathrooms completely refitted ready for controls. Following completion of these update tour with Project Manager, the new flooring to be laid. works, the team will commence fireline Richard Craker via the link below and boarding and the finished plastering a peak of room 18 partially styled for On the first floor, all first fix works are followed by decoration. marketing shots to follow this month completed, and we are on schedule which we look forward to sharing soon. for the ongoing fireline boarding, External works completed include the plasterwork, decoration, and bathroom first fix installations for the feature Virtual Site Tour with Project Manager refitting to be completed this month. lighting and CCTV, with groundworks to Richard Craker - click this link to the car park lighting and access system experience the reality of works to date On the ground floor, the steel enabling and landscaping ongoing. as Richard takes you on a full walk- works that will allow the two existing through of the hotel and its ground and function rooms to be joined to the Over the coming month, we will see shares behind the scenes insights of interconnecting Orangery by the further exciting and significant visual our plans installation of bi-fold doors have step changes to the project as the
CURRENT Project Update: in project costs with the recent RICS “The pandemic brought the sector’s Doncaster Enterprise Park Areas Name Area Area SQFT OPPORTUNITY valuation, A1 before commencement 2,450m² 26,371 SF of defensive attributes to the fore in the first A2 works, 534m² confirming 5,747 SF a value 2020, driving another burst of yield increaseA3 of 76.5% 490m² from 5,274 SF £1.7m to £3m. compression and record volume A4 105m² 1,130 SF for distribution product. Industrial B1 1,931m² 20,785 SF First works B2 have 149m² commenced 1,603 SF and we and logistics is set to continue Existing 1.8m high palisade fence retained look forward B3 to sharing 175m² 1,883 SF further updates outperforming the wider commercial on these B4 works130m²in the coming months, property market for the foreseeable Units 13-20 FFL +9.675m 1,399 SF 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 Existing Yorkshire Water rising main to be B1 B4 retained. Minimum 3m easement either side 151m 2 130m 2 A2 A2 A2 A2 A2 A2 as we progress the development future, and there is an almost limitless to be maintained. 1,628ft 2 1,396ft 2 B5 1035m² 11,140 SF Existing 1.8m high palisade 13 RSD 14 RSD 15 RSD 16 RSD 17 RSD 18 RSD 19 RSD 20 RSD Existing 1.8m high palisade fence retained New standard distribution substation to be 6500 C1 234m² 2,518 SF to meet the growing demand for amount of global capital seeking out 315-1000kVA slide in UDE in prefabricated enclosure to Northern Powergrid requirements. Retaining Wall Refuse Area #1 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Armco barrier Refer to Northern Powergrid drawing C1061924 Rev A 1:3 Banking B3 Footpath Footpath Prefabricated Housing to include additional Sub 175m 2 area for Incoming Comms & Switchroom in Units 1 -5 FFL +9.45m 6500 38 7300 1,883ft 2 39 6500 fence retained 2000 station C2 844m² 9,084 SF accordance with Novo Electrical requirements B1 B1 B1 B2 Turning Units 9 - 12 FFL +9.60m Crossing C1 GF = 149m2 GF = 149m2 GF = 149m2 Head ADOPTED 149m 2 7300 Point 12 quality UK product.” Alex Carr, Head of RSD commercial property in South Yorkshire 234m2 B1 1,601ft 2 Mezz = 72m2 1,601ft 2 Mezz = 72m2 1,601ft 2 Mezz = 72m2 1,603ft 2 37 40 HIGHWAY 2,517ft2 GF = 149m2 775ft 2 775ft 2 775ft 2 ADOPTED 2000 1,601ft 2 10785 Armco barrier Total = 221m2 Total = 221m2 Total = 221m2 Purple line denotes new timber close board 1 Mezz = 72m2 775ft 2 2,376ft 2 2,376ft 2 2,376ft 2 HIGHWAY Retaining wall Total = 221m2 acoustic fence installed on retaining wall (as RSD RSD 2,376ft 2 41 A1 Footpath Footpath C3 279m² 3,003 SF required local to Little Lane and site entry) to 2 1 2 3 4 5 6 98m 2 Armco barrier Units 9 -12 FFL +9.60m 11 Units 6 -8 FFL +9.60m enclose yard area around Unit 1. 1,060ft 2 3500 42 72 71 70 69 68 67 66 Top of fence to be 1.8m from ground with 1.8m 3 RSD RSD RSD RSD which continues8,366m²to grow exponentially Industrial Capital Markets at LSH (Link) high paladin gate. 27 26 25 24 RSD 23 RSD 22 RSD 21 4 RSD RSD RSD 36 43 RSD RSD RSD A1 A1 Armco barrier Enclosed 98m 2 98m 2 A3 A3 A3 A3 A3 A3 A3 7 10 TOTAL 90,049 SF 1,060ft 2 1,060ft 2 70m 2 70m 2 70m 2 70m 2 70m 2 70m 2 70m 2 Yard 9 11 13 15 17 19 21 23 25 27 29 31 35 44 757ft 2 757ft 2 757ft 2 757ft 2 757ft 2 757ft 2 757ft 2 12430 Crossing 12530 RSD RSD 5 6 7 8 A1 Point Units 21-27 FFL +9.975m 6500 34 45 6500 A1 7300 from investors, owner-occupiers and 98m 2 98m 2 Retaining wall paladin gate 10 12 14 16 18 20 22 24 26 28 30 32 8 1,060ft 2 33 46 1,060ft 2 9 Existing 2.4m high palisade fence retained Footpath Footpath Footpath Footpath SITE 00 2000 30 2000 Crossing Crossing 00 ENTRY Unit Types ADOPTED ADOPTED ADOPTED Point Point 30 7300 7300 tenants. Colliers is forecasting an annual 2000 HIGHWAY HIGHWAY HIGHWAY 2000 Footpath Footpath Footpath Footpath Type A - Less than 1100 SF 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 New 1.8m high timber acoustic fence (closed board) Type B - 1100 SF - 2200 SF 6915 e-commerce share of total retail sales Refuse Armco barrier Retaining Wall Area #2 Type C- 2200+SF RSD RSD RSD RSD RSD RSD RSD RSD Unit 35 28 29 30 31 32 33 34 35 Yard Existing 2.4m high palisade fence retained Footpath New pin kerb to length of Little Lane Area to demark back of footpath. Refer to Existing trees Industry Insights – Industrial and of 29% by the end of 2024, this would Dudley's Civils for details retained. B5 B1 Units 28-33 FFL +9.45m Additional new native A1 98m2 A1 98m2 1,060ft 2 1,060ft 2 201m2 149m 2 B1 B5L tree species planted 2,161ft2 1,609ft 2 149m 2 290m 2 to create tree lined A1 98m2 A1 98m2 1,060ft 2 1,060ft 2 1,609ft 2 3121ft 2 buffer to Little Lane. FFL +9.60m FFL +9.75m Blue lines denote new 1.8m high palisade fence to match existing 2000 Logistics Market mean that the UK could need an extra A1 98m2 A1 98m2 A4 105m 2 1,060ft 2 1,060ft 2 B5L B1 B1 B5 B5 A1 98m2 1,130ft 2 1,060ft 2 Native wild flower A1 98m2 265m 2 149m 2 149m 2 203m2 117m 2 1,060ft 2 mix landscaping 7000 7300 2,852ft 2 1,609ft 2 1,609ft 2 2,180ft2 1,259ft 2 51m sq ft of logistics space. zone Retaining Wall Units 40-45 FFL +9.45m FFL +9.60m FFL +9.75m 98 FFL +9.90m Footpath RSD tic 45 44 43 42 41 40 39 38 37 36 99 us co ra ) RSD RSD RSD RSD RSD RSD RSD RSD RSD 100 be oard tim b “The UK’s industrial and logistics h ed hig los Refuse 6914 m (c Area #3 1.8 ce w fen Ne 130 129 128 127 126 125 124 123 122 121 120 119 118 117 116 115 114 113 112 111 110 109 108 107 106 105 104 103 102 101 Armco Footpath Footpath barrier Existing trees property market hit scaled new heights A critical lack of stock has frequently 2000 retained. Crossing Footpath Turning ADOPTED Point Additional new native 7300 tree species planted Head ADOPTED HIGHWAY to create tree lined HIGHWAY 19000 buffer to Little Lane. Footpath Retaining Wall LITTLE LANE Armco barrier 3500 Loading Bay last year, with records set in both the been expressed as the biggest Armco barrier RSD Native wild flower mix landscaping C2 211m2 46 131 165 Existing 2.4m high palisade fence retained RSD 2,269ft2 B1 zone 150m 2 132 166 50 1,610ft2 occupier and investment markets. challenge nationally, especially 133 Footpath Footpath C2 167 211m2 2,269ft2 47 134 A1 RSD 168 2000 2000 51 98m 2 1,053ft 2 RSD 135 Units 48-51 7300 considering the increasing shortfall 169 FFL +9.45m 136 54 A1 RSD RSD 170 New pin kerb to length of Little Lane C2 48 52 98m 2 1,053ft 2 3100 to demark back of footpath. Refer to 211m2 137 3100 Dudley's Civils for details 2,269ft2 171 138 of units available to meet the ever- Purple line denote new 1.8m high UK-wide take-up reached a stellar A1 RSD Footpath Footpath timber hit and miss acoustic fence. Crossing 172 53 98m 2 1,053ft 2 Point 139 Units 52-60 FFL +9.45m 173 Existing 2.4m high palisade fence retained C2 211m2 49 140 A1 RSD 2,269ft2 174 RSD 98m 2 1,053ft 2 141 54 59.7m sq ft in 2020, more than a fifth growing demand. (Link 1) (Link 2). Existing trees 175 retained. c Additional new native ) usti A1 RSD tree species planted 176 55 98m 2 1,053ft 2 ard co 152 151 150 149 148 147 146 145 144 143 142 ADOPTED bo a to create tree lined d er HIGHWAY se b buffer to Little Lane. lo tim 177 Crossing e igh higher than the previous record set in ADOPTED Point 7300 nc h (c HIGHWAY fe .8m A1 RSD 2000 178 56 98m 2 1,053ft 2 1 ew Native wild flower N mix landscaping 179 Footpath Footpath zone 153 154 155 156 157 158 159 160 161 162 163 3100 A1 RSD 180 Yield Investment - Doncaster Footpath 164 57 98m 2 1,053ft 2 64 C3 279m 2 RSD 63 RSD 62 RSD 61 RSD 60 RSD 59 RSD 7300 2000 182 181 58 B1 150m 2 1,610ft2 2016.” Enterprise Park - units 750 sq ft - 98m 2 1,051ft 2 98m 2 1,051ft 2 98m 2 1,051ft 2 98m 2 1,051ft 2 98m 2 1,051ft 2 3,000ft 2 183 Armco barrier RSD A1 A1 A1 A1 A1 Yard 184 RSD Turning Armco Refuse Head Area #4 29,000 sq ft barrier Overseas investors drove the market Units 61-66 FFL +9.45m Existing 2.4m high palisade fence retained in 2020, particularly at the larger end, accounting for close to half of the CGI fly-through video G:\_P\8395 - Doncaster Enterprise Park\8395 - 07 Revit\8395-BOW-A0-ZZ-M3-A-0001_Doncaster Enterprise Park (i-2277843-2277819-lan Inc- Additional Land-Floor Plan - Site Plan New Layout.dwg annual investment volume. There is a huge wall of international capital P17 FFL's updated to Units 1-12 & 28-45 20/05/21 CS MJH The exponential shift to e-commerce targeted at the sector, with volume only over the last year coupled with P16 Site layout amended to 14/05/21 CS MJH accommodate existing rising main and 3m easement. Revision Date By Chk limited by the amount of stock coming Doncaster’s unrivalled location has All dimensions to be verified on site, and the Architect informed of any discrepancy. All drawings and specifications should be read in conjunction with the Health and Safety Plan; all conflicts should be reported to the appointed Principal Designer. to the market. further increased demand in a market where there was an established c Do not scale from this drawing. This drawing is the copyright of Bowman Riley Architects Limited. Doncaster Enterprise Park Areas “While the future of demand in Land at Little Lane, Kirk Sandall, Doncaster Sheet Name: Site Plan shortage of supply. For investors Name Area Area SQFT other property sectors is clouded in Purpose of issue:Planning Status: seeking to secure attractive yield Doncaster Enterprise Park – Final uncertainty, the role of logistics in the investments for their portfolio, this Date: 12.05.2020 Checked by: DH A1 2,450m² 26,371 SF Drawn by:DP Scale @ A0: 1:500 A2 534m² 5,747 SF Revised site plan & in-construction sale post-COVID world appears assured. The provides an exciting opportunity. Project No: 8395 Revision: P17 Drawing No : 8395-BOW-A-ZZ-DR-A-SK06 A3 490m² 5,274 SF of units A4 105m² 1,130 SF market has been turbocharged over ARCHITECTS BUILDING CONSULTANTS INTERIORS B1 1,931m² 20,785 SF the last year. COVID-19 has accelerated With over 20% of the site reserved pre- Further to last month’s update, we are B2 149m² 1,603 SF structural changes in consumer and launch, if you too would value more B3 175m² 1,883 SF pleased to confirm that the revised site business behaviour that will continue information on this limited opportunity Existing 1.8m high palisade fence retained Units 13-20 FFL +9.675m B4 130m² 1,399 SF plan has been finalised, incorporating the to drive high levels of occupier and then please click the link below, to 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 89m 2 955ft 2 Existing Yorkshire Water rising main to be B1 B4 retained. Minimum 3m easement either side 151m 2 130m 2 A2 A2 A2 A2 A2 A2 to be maintained. 1,628ft 2 1,396ft 2 B5 1035m² 11,140 SF Existing 1.8m high palisade 13 RSD 14 RSD 15 RSD 16 RSD 17 RSD 18 RSD 19 RSD 20 RSD 3m easement to accommodate the rising investor demand for logistics property request further information. Existing 1.8m high palisade fence retained 6500 Retaining Wall Refuse Area #1 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 C1 234m² 2,518 SF Armco barrier 1:3 Banking B3 Footpath Footpath 175m 2 over both the short and long term.” Units 1 -5 FFL +9.45m water main. As we previously reported, 6500 38 7300 39 6500 1,883ft 2 fence retained 2000 C2 844m² 9,084 SF B1 B1 B2 Turning Units 9 - 12 FFL +9.60m Crossing GF = 149m2 GF = 149m2 149m 2 Head ADOPTED 7300 2 Point 12 RSD 1,601ft 2 1,601ft 2 m2 Mezz = 72m2 Mezz = 72m2 1,603ft 2 37 40 HIGHWAY 775ft 2 775ft 2 ADOPTED 2000 m2 Total = 221m2 2,376ft 2 Total = 221m2 2,376ft 2 HIGHWAY 10785 RSD RSD 41 A1 Footpath Footpath 4 5 6 C3 279m² 3,003 SF the drainage redesign and provision of the 98m 2 Armco barrier Units 9 -12 FFL +9.60m 11 Units 6 -8 FFL +9.60m 1,060ft 2 3500 42 72 71 70 69 68 67 66 RSD RSD RSD 27 26 25 24 RSD 23 RSD 22 RSD 21 RSD RSD RSD 36 43 RSD RSD RSD A1 A1 Armco barrier 98m 2 98m 2 A3 A3 A3 A3 A3 A3 A3 7 10 TOTAL 8,366m² 90,049 SF 1,060ft 2 1,060ft 2 70m 2 70m 2 70m 2 70m 2 70m 2 70m 2 70m 2 19 21 23 25 27 29 31 35 44 757ft 2 757ft 2 757ft 2 757ft 2 757ft 2 757ft 2 757ft 2 pond resulted in a saving of over £500,000 Crossing 12530 RSD RSD A1 6500 34 7300 45 6500 A1 Point Units 21-27 FFL +9.975m 98m 2 98m 2 20 22 24 26 28 30 32 8 1,060ft 2 33 46 1,060ft 2 9 Existing 2.4m high palisade fence retained Footpath Footpath Footpath 00 30 2000 Crossing 00 Unit Types ADOPTED ADOPTED ADOPTED Point 30 7300 HIGHWAY HIGHWAY HIGHWAY 2000 Footpath Footpath Footpath Type A - Less than 1100 SF 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 Type B - 1100 SF - 2200 SF 6915 Refuse Armco barrier Retaining Wall Area #2 Type C- 2200+SF SD RSD RSD RSD RSD RSD RSD RSD Unit 35 29 30 31 32 33 34 35 Yard xisting 2.4m high palisade fence retained Footpath Area 5 B1 Units 28-33 FFL +9.45m A1 98m2 A1 98m2 1,060ft 2 1,060ft 2 m2 149m 2 B1 B5L 1ft2 1,609ft 2 149m 2 290m 2 A1 98m2 A1 98m2 1,060ft 2 1,060ft 2 1,609ft 2 3121ft 2 FFL +9.60m FFL +9.75m 2000 m2 m2 m2 ft 2 ft 2 B1 B1 B5 B5 2 t2 t2
Project Update: Riverside Place, UNDER CONSTRUCTION Kingston-upon-Thames We are delighted to report that despite the numerous challenges faced during the Covid-19 pandemic, we are approaching the completion of our stunning development in Riverside Place, Kingston Upon Thames. The building is progressing well with 16 units nearing full completion and the construction team are now focusing on getting the finishing touches completed, before locking the units up ready for the final inspection. The remaining 10 units are expected to near completion within the coming weeks, upon which time, we are anticipating the signoff from the council and the building to be fully finalised. Externally the brick cladding team are now on the last façade, with the backer boarding being fixed in readiness for the brick slips. The zinc cladding is complete to the cantilevered part of the building on the West elevation and the stone cladding company have made good progress on the South elevation. Once the stone band courses are complete, the scaffolding can start to be dismantled and work its way around the building as the stone cladding is completed. The substation has been installed and is now live which is a major milestone. Our target is to complete the building by mid-July for customers to start moving in at the end of July and early August.
Project Update: UNDER CONSTRUCTION Cheyne Walk, Chelsea, London In our previous update, we mentioned that our partners were opening and commencing the selection process at the close of April and negotiating with various potential main contractors. We have had an overwhelmingly positive response from contractors with a 100% return rate and a competitive market price will be secured with four tender prices to work with. The significant interest in this project has consolidated the fantastic potential associated with this property and has affirmed our commitment to selecting the best match to realise its completion. The tender prices and contractors´ proposals that have reached the final stages of our consideration are now undergoing an inquisition with the QS, with the aim of ensuring that we are all on a level playing field before shortlisting the two proposals that are most suited. As it is such an important aspect of delivering this highly anticipated project into existence, we are taking the time to embrace all aspects of the due diligence process and negotiate to achieve the best market price. We are in a good position for selecting a main contractor and we expect to have a final and competitive proposal to begin works in the near future.
Canterbury Innovation Centre University Road, Canterbury, Kent. CT2 7FG Email: info@accumulatecapital.co.uk Tel: 01227 936 996 www.accumulatecapital.co.uk References https://www.savills.co.uk/research_articles/229130/312850-0/prime-regional-house-prices---q1-2021#Outlook https://capital.com/pound-to-dollar-forecast-for-2021#:~:text=The%20British%20pound%20sterling%20 (GBP,a%20near%20three%2Dyear%20high. https://www.ft.com/content/be796d33-a5e7-4753-98a8-b586f1680d58
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