New Appointment Win From M7
Tandem Property Asset Management further growth to support key client, M7 Real Estate, who have teamed up with Kuwaiti-listed Kamco Invest to invest in UK regional offices.
Tandem has been appointed to manage a trio of new acquisitions of core-plus assets. The fund is targeting “bespoke” offices outside of central hubs that are likely to appeal to tenants and employees that are less attracted to commuting and working in city centres, as a result of the COVID-19 pandemic. https://www.m7re.eu/media/news/kamco-invest-m7-assemble-transaction-of-uk-regional-office-assets/
The trio of acquisitions are - left to right:
The 2620 Aztec West in Bristol let to EE, New Aspect House on Hamilton International Business Park in Glasgow, let to Scottish Power, and 3000 Hillswood Business Park in Chertsey let to Samsung Electronics.
The properties are all located in markets which are experiencing a shortage of Grade A office supply and benefit from strong local market fundamentals, which will benefit from the trend for regional office demand in a post COVID-19 environment.
Partner Julia Pumphrey adds ” We have worked closely with M7 Real Estate and their acquisition advisers to mobilise the property management set up quickly and efficiently while learning to meet the new Covid-19 guidance on workplace safety.”