Pelham Associates
Innovative Property Management
Pelham Associates is an independently owned, results-driven property investment, development and asset management company.
Innovative property investment and asset management
Established in 1990 and based in London’s Covent Garden, we currently manage a portfolio in excess of 700 units across 300 commercial and residential properties located throughout the UK.
Our clients include individuals, family offices and corporates both in the UK and abroad. Our in-house team is comprised of investment, development management, building surveying, finance and administration professionals. Pelham Associates is a wholly owned subsidiary of DCD London & Mutual plc, a worldwide financial and asset management group with a core focus on real estate.
We are regulated by the Royal Institution of Chartered Surveyors (RICS) and the Financial Conduct Authority (FCA) (insurance intermediary) and therefore adhere to their codes of professional conduct.
Properties
Over 300
Value Under Management
Over £500m
Services
We provide an honest and unique ‘one stop property service’ to meet the individual needs of our clients.
Acquisition and Disposal
Our team of RICS qualified commercial property surveyors are able provide advice on all aspects of commercial property acquisitions and disposals.
We work closely with our clients to develop investment criteria that are achievable in the prevailing market conditions.
We source opportunities from a panel of UK agents and review and provide stock selection from the London commercial property auctions. On the sales side, we are able provide a full market & pricing review to achieve the most effective disposal.
Asset and Property Management
We provide a comprehensive service covering all aspects of property management.
Our qualified team of professional surveyors works hands-on to manage and reposition real estate assets.
Services include inspections, lease administration, service charge management and all landlord and tenant related matters.
We work both with clients preferring input in the management of their properties, and also with those who prefer to monitor their assets remotely.
Development and Refurbishment
We provide a comprehensive redevelopment / refurbishment service. This includes identifying properties with development potential and asset management opportunities.
Our team works closely with a team of architects, structural engineers, planners and building control to ensure all aspects of the design stages are dealt with to secure an appropriate planning consent. We also manage all aspects of tender packages through to overseeing the construction process.
Finance and Accounting
Our property management accounting function is an integral part of our property management service.
We have a team of qualified accountants dedicated to providing a full in-house service including rent collection, debt management, accounts preparation, management accounts, cash flow forecasts, insurance and VAT and tax returns.
Strategy
For over 25 years, Pelham has approached real estate investment and asset management holistically. The Pelham team are able to source, develop, and manage properties ‘in-house’ with the primary motive of adding value wherever possible.
Where appropriate, we strategically place groups of investors together to syndicate an investment purchase and often provide co-investment from one of our related companies. This ensures specific focus and alignment for investment parties.
Our asset management role ensures that the performance of the property we acquire is linked to our success. Active involvement in asset management also provides us with the ability to spot opportunities, be they operational or value add related. We have the skill and knowledge required to evaluate a property and devise the optimal strategy to maximise its value.
We have experience in a wide range of property sectors including retail, office, leisure, residential, and industrial & logistics. This gives us the knowledge necessary to assess whether a property is being put to its best use over time and UK geography.
We possess direct and practical real estate experience and seek to anticipate trends in capital and property markets with the aim of exceeding clients’ portfolio objectives.
Portfolio
PROPERTY:Kensington, London SW7
STATUS:Current
DETAILS:This building was purchased as a 3 star hotel and subsequently repositioned as a luxury 5 star destination hotel through a lease negotiated with the international Baglioni Hotels group. The construction works involved a Grade II listed façade retention scheme and full reconstruction of the interior.
PROPERTY:Shoreditch, London E1
STATUS:Current
DETAILS:This building was formerly a Drill Hall equipped with a live shooting range and basketball court. Planning has been achieved on development plans for a new office space and 7 residential units.- PROPERTY:
Hemel Hempstead, Hertfordshire
STATUS:Current
DETAILS:Formerly a three-storey building, planning consent was obtained for 36 residential units across two existing office floors and two additional floors. - PROPERTY:
Bayswater, London W2
STATUS:Current
DETAILS:Formerly a supermarket loading and storage area, planning consent was obtained for 20 new high quality residential units. - PROPERTY:
Islington, London N1
STATUS:Current
DETAILS:This four storey building has been fully occupied by HSBC since 1965 and is within the Angel Conservation Area. - PROPERTY:
Peckham, London SE15
STATUS:Current
DETAILS:A commercial building in the main retail area of Peckham, this asset was taken over after the collapse of a major national retailer. Two new national retailers were subsequently found and development plans for 9 residential units on the upper floors has also been achieved. - PROPERTY:
Epsom, Surrey
STATUS:Current
DETAILS:This building is entirely let to Wilko, a UK high street chain, and is strategically located within close proximity to the train station in an affluent Greater London commuter town. - PROPERTY:
Battersea, London SW11
STATUS:Current
DETAILS:This building was fully demised to a retail tenant before possession of the upper floors was regained and planning secured for two flats. The ground floor was re-let to a new tenant at higher rates reflecting the appreciated value of the unit. - PROPERTY:
Newbury, Thatcham
STATUS:Current
DETAILS:Ideally located on the A4 connecting Newbury directly to London, this is a prime site for a petrol filling station operator. Newbury is an affluent and attractive market town in Berkshire located approximately 60 miles west of central London, 20 miles south west of Reading and 28 miles south of Oxford. - PROPERTY:
Great Eastern Street, London E1
STATUS:Exited
DETAILS:This dilapidated office building in Shoreditch was acquired with a view to completing a total redevelopment in one of London’s most up and coming locations. - PROPERTY:
Mayfair, London W1
STATUS:Exited
DETAILS:This prime London asset was repositioned as a first class destination for hedge funds and other finance industry tenants. The building fabric was upgraded and works carried out, including a new roof and stone cleaning. 125,000 square feet of office space was refurbished, 6 new lifts installed and the air conditioning system upgraded. - PROPERTY:
Covent Garden, London, WC2
STATUS:Exited
DETAILS:The principals attracted institutional capital and partly used their own funds to acquire this landmark office building in the theatre/leisure district of Covent Garden. The management strategy involved maximising rental levels and limiting vacancy levels to a minimum. - PROPERTY:
Baker Street, London, W1
STATUS:Exited
DETAILS:A grade II listed property lying within the Portman Estate Conservation Area. The site consists of a 6 storey building fronting Baker Street and a four storey mews house to the back. The ground and basement levels house retail and cinema use respectively.
Pelham Associates
90 Long Acre
London, WC2E 9RA
+44 (0)207 324 2000
info@pelhamassociates.com
We are regulated by the Royal Institution of Chartered Surveyors and have undertaken a number of specific commitments which will ensure the maintenance of the highest standards of our professionalism.
