Please find below a selection of properties within our portfolio, including details on each property and our asset management plans for the property.
Sky House, Waverley (Residential)
In September PITCH acquired 11 new build family houses in Waverley (South Yorkshire) from a sustainably-focused developer, Sky House.
Each home benefits from PV solar panels, heat pumps, app-enabled electric heating and EV charging points.
The investment is ideally suited to the strategy providing high quality but affordable accommodation and well connected for schools, employment and green space.
Orion Business Park, Stockport (Industrial)
Four well specified “mid box” industrial units acquired in November 2020 .
The property is excellently located serving Manchester City Centre, Manchester Airport and the affluent South Manchester area in an area significantly under supplied with quality warehousing.
The business plan is to grow the rental income through reletting activity.
The Paragon, Bristol (Office)
PITCH acquired this prime, multi let office in Bristol in June 2022 in an off-market transaction. The property occupies a prime position in the heart of Bristol’s main office district and provides an impressive specification well suited to the modern occupier. It is let to the strong covenants of E&Y, Mercer and Thrings with an average rent of only £30 per sq ft providing an excellent base for rental growth.
During the hold period, various energy efficiency and carbon reduction initiatives will be undertaken, including replacement of the existing gas boilers, with the aim of achieving operational net zero carbon targets.
Premier Inn, Leeds (Hotel)
A new 136 bed hotel investment let to Premier Inn (with a Whitbread Plc guarantee) occupying a prime city centre location, the property was acquired in December 2021.
The property provides attractive long income with an unexpired lease term of 15 years to the break option.
The value of investments may go down as well as up, and investors may not get back all or any amount originally invested. Income or other returns from investments are subject to change and may be lower than estimated. Past performance is not a reliable indicator of future performance.