Early Bird House, London SW1 - Dwyer acquired the 72,000 sq ft UK National Passport office with a 13 year lease in place. Dwyer agreed and secured a 20 year lease with annual uplifts and was able to realise a swift capital gain for the client in this instance when an offer was received to acquire the investment shortly after completion.
Aspect Park, Swindon - a 56 acre site including over 300,000 sq ft of office building let to Burmah Castrol was acquired in 2002 as a sale and partial leaseback. The surplus land was sold to Places for People on the receipt of planning permission for over 600 homes and part of the office building demolished to make way for this. The retained element of offices extends to over 180,000 sq ft and is fully let to companies including BP, W H Smith, Nationwide Building Society, Infosys and Intrinsic Financial Services. Dwyer's client has retained this investment for income yield and prospective capital growth as the market recovers.
Dunbury Way, Havant - a former Proctor and Gamble production facility was acquired for regenerative development. 9 acres of warehouse and new industrial units, as well as 10 acres of land for new housing were consented to over the subsequent four year period. Dwyer created a new investment out of the warehousing and the residential development was realised by Barratt Homes.