Disposal & Exit
Experienced advisors and deal makers, Centrick’s multi-disciplinary nature affords a unique position in the market – with wide access to domestic and international development partners.
We are experts in property, working closely with insolvency practitioners locally and nationally to help them maximise the value and return of distressed property assets.
Trusted by hundreds of institutional clients to manage developments, assets and portfolios across the UK, Centrick has the skills, expertise and scale to help you maximise the value and return of distressed assets. With competitive pricing and unrivalled knowledge across all property sectors Centrick is here to help Lenders, Insolvency Practitioners and Receivers to deliver real results in an ever changing economic landscape.
We provide a forensic investigation of the property assets, from mixed, large portfolios to smaller single units to uncover and understand the true position of the asset. From unmet Section 106 requirements to ground rent, service charges to tenancy arrears, expired or out of contract ASTs and unprotected deposits to building safety and fire regulations, our team are here to help you investigate the health of the property and any remedial actions needed to ensure the property is profitable or income producing. But we’re not just advisors, we’re practical property experts that have the hands-on teams to get the work done.
Centrick’s multi-disciplinary team is on-hand to help you rationalise the property or portfolio – our team of RICS accredited valuers give you clear sight of market values and any unseen issues. With certainty of valuation and remediation needs our in-house compliance experts, skilled building and property managers ensure that the assets are in line with regulatory requirements. Where needed, our Business Development, Sales and Lettings teams are on hand to improve occupancy rates and values, or actively present assets for speedy disposal.
We ensure that there is an auditable trail of property compliance for every property we deal with. With best in class tools and software supporting our experienced teams, Centrick uphold stringent SLAs and fully auditable compliance documentation, de-risking portfolios on behalf of our clients. With clear client accounts procedures and regular reconciliations as well as robust credit control processes, we take the hassle out of distressed property assets.
We understand what makes an asset successful, what residents want, and are passionate about transforming portfolios into thriving communities.
We ensure that your assets and portfolios are profitable and income producing – our teams of ARMA accredited, IRPM and Propertymark trained professionals work with our expert network to give you and your clients the best portfolio performance.
See how Centrick delivered 95% occupancy on a distressed portfolio of 150 properties including both houses and residential apartments nationally with mixed portfolios in the Midlands, Staffordshire and the south coast.
Two members of the Centrick tenancy management team for three days to collect and collate all historical property, tenant and tenancy information.
Taking over management under challenging circumstances, from a property investment firm that was going into administration.
The team created a viable investment by renewing AST’s and letting void units to achieve 95% occupancy within the desired timeframe.
James Lewin, Grant Thornton UK LLPThe Centrick Property team have been invaluable in helping us to regain management of this portfolio on behalf of the bank. They have a good understanding of the challenges faced by Administrators and have been able to provide us with a thorough understanding of the rental accounts and arrears position. This has enabling us to take further action where necessary and recover many of these arrears, as well as identifying the worst performing stock which has been earmarked for immediate disposal
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From small blocks to large developments we’re here to help.