Recent Transactions

Dwyer is a fundamental value investor. It manages a broadly-based portfolio of assets to deliver returns based on a client's requirement for income and/or capital growth.

In 2006, the Company considered that the UK property market had become overheated and took the decision to realise the value of some of its assets in order to deliver substantial capital returns at what it believed was the peak of the market. Activities were also focused on letting surplus corporate space at sensible market-driven rates, in order to satisfy clients' income requirements.

In early 2009, Dwyer returned to the commercial investment market believing that the real estate and investment sectors were once again at the appropriate stage in the cycle. It signalled its return with the acquisition from major institutions of two substantial investments for £50m, let to blue-chip commercial tenants on long-term leases on a yield of 8%. These investment opportunities presented Dwyer with defensive positions, attractive cash returns after debt service, as well as providing scope for some more active asset management scenarios as and when market conditions prove conducive.

Recent transactions include:-


Tesco RDC, Didcot

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Tesco RDC, Didcot - bought from Aviva for a £22.5m yielding in excess of 8% - 300,000 sq ft of regional distribution centre on a long lease to Tesco.


Sainsbury RDC, Emerson Green, Bristol

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Sainsbury RDC, Emerson Green, Bristol - bought from Prudential Property Investment Managers for ca £26.5m yielding in excess of 8% - 400,000 sq ft of regional distribution centre which lies at the hub of the occupier's logistics network in the South West of England and into Wales