Jenoptik are a global photonics and imaging business, with 80 offices worldwide. In the UK they occupy offices in Frimley and Wokingham and wished to consolidate these operations.
Campbell Gordon were initially appointed to assess the viability of this strategy and look for suitable premises. A search was undertaken and suitable properties were identified, however due to a change in business strategy Jenoptik decided to stay put for the short term. Campbell Gordon were then asked to secure short term lease renewals on acceptable terms, in a short space of time.
Campbell Gordon helped Jenoptik answer some strategic questions and found quick solutions when the strategy changed.
I am delighted we chose Campbell Gordon to assist with our office search. After deciding to stay put we gave them the task of renewing our leases for our premises' in Wokingham and Frimley on a short term basis. These are not the sort of deals Landlord's like, so we were really pleased that they secured them for us on acceptable commercial terms. We look forward to working with the team again in the future.
Richard Gorringe UK Finance Director - Jenoptik Traffic Solutions
Industry Dynamics occupied an 18,000 sq.ft office on London’s Southbank. The lease expiry was approaching and the businesses Private Equity owners wished to manage it down and extract maximum value through a series of IP sales. This created a highly dynamic situation with changing needs and commercial sensitivities.
Campbell Gordon provided strategic property advice over a 3 year period. This included advice in relation to lease regear, subletting and dilapidations. The business was relocated short-term into new premises on Lavington Street, SE1.
The business owners were able to ensure they extracted maximum value by minimising property costs, and by ensuring the operations and orderly termination of the business were allowed to proceed unfettered by occupational constraints.
I found Campbell Gordon to be a very helpful strategic property partner. They have a practical approach which is invaluable. They were also responsive and attentive, which I appreciated. I would be happy to use their services again.
Mike Woolfrey CEO
Mabey Group had a number of property assets that were considered non-core following a strategic review, and were therefore surplus to requirement. These included property in Twyford, Walsall, Stratford upon Avon, St Albans and South Wales. The Group owned two properties in South Wales, including a 360,000 sq.ft industrial unit in Chepstow.
Campbell Gordon provided advice and asset management services in relation to the disposal of these properties. This included disposal method, transactional and commercial strategies and appointment of suitable consultants.
Campbell Gordon oversaw the disposal of these assets, including the large industrial unit in Chepstow, delivering returns in excess of the targeted values.
I first used Campbell Gordon to advise on the sale of an office property with development land in Twyford. They provided a great level of service and good quality advice. Following this positive experience I have used their services to advise on a range of projects across the UK, from Liverpool to Wales. If we have a property where we need to get under the skin of its real long term value in investment or development terms, or where we need brokerage advice and services, I know that I can get in touch with Campbell Gordon and they will react quickly and get me the answers I need. I was particularly pleased with the disposal of our large factory site in Chepstow, it was a high value but unusual asset. It required sensitive handling, whilst remaining commercially robust, which Campbell Gordon achieved.
Kate Beauchamp Group Chief Legal Officer
The College had a mission; ‘To enable all learners to achieve their full potential’, underpinned by ‘Maximising Income and Business Efficiency..’. Defining and implementing the correct property strategy was considered an essential part of this mission, and required the right partner. Campbell Gordon were appointed as the property partner.
Campbell Gordon worked with the College to define the objectives of the property strategy and to implement it. The College had too many sites and it was agreed that it was appropriate to consolidate these in order to save costs and realise value for re-investment in core operations. This included the sale of a campus property in Woodley to a church, a 2 acre site in Bracknell to a school and the adjoining 3 acre site for residential use to Cala Homes, subject to planning.
The College has been able to save costs and realise value for investment, enabling it to deliver on its long term educational objectives.
I have found Campbell Gordon’s ability to listen, understand and then advise to be of an extremely high value. They took time to really understand our needs, which is quite unusual. They have demonstrated a sensitivity and deftness of touch that has been critical in getting the very best outcome. At that same time I have found their persistence and tenacity to be of great value in driving the best possible commercial arrangements for the College. It has been a pleasure working with Duncan Campbell and the rest of the Campbell Gordon team. They clearly genuinely care about the quality of the service they provide. I would not hesitate to recommend their services to another party.
Campbell Christie CBE Principal and Chief Executive