Financial Settlement of Landlord’s Dilapidations Claim

A recent instruction typifies the type of dilapidations instruction that Propitas are appointed to deal with. We prepared a Terminal Schedule of Dilapidations on a 23,000ft2 office on behalf of the landlord, a large Property Company. The building was subsequently sold around the time of … Read More

Propitas Appointed on Major Serviced Office Scheme

On behalf of Northwood Investors International, Propitas have been appointed as Project Manager, Employer’s Agent and Cost Consultant on the multi-million pound refurbishment of the former Diageo office in Edinburgh, which they acquired in the middle part of 2019. The works will result in the … Read More

Propitas Completes Works To Grade II Listed Former Bank

Propitas were appointed by the Landlord to act as Contract Administrator to deliver the external maintenance works to a multi-storey Georgian property comprising a hotel and bar in Liverpool City centre. The project included specialist stonework repairs and restoration, overhauling the timber framed windows, roof repairs and replacing … Read More

Feasibility Instruction Lands at Gatwick

Propitas were instructed to report on the condition of two buildings within the Gatwick Airport footprint and to compare the costs and feasibility of ongoing repair against major refurbishment or reconstruction. The buildings in question provide a critical function in the day-to-day operation of this major UK transport hub. Propitas were chosen due … Read More

Propitas celebrate Christmas 2019

The Propitas Directors, staff and their partners celebrated Christmas 2019 with an alternative afternoon of axe throwing in the Warwickshire countryside followed by a Medieval banquet at Warwick Castle and an overnight stay at the Ardencote Hotel. A great opportunity to celebrate another successful year … Read More

Propitas undertake Pre-Acquisition Survey

Propitas were appointed to undertake a pre-acquisition survey of a 14,000 square foot office building on behalf of an international electronics firm as part of their long leasehold acquisition. Although the building was just 10 years old and had never been occupied we identified significant … Read More

Station Approach, West Byfleet

Instruction Synopsis Our client Altitude Real Estate Investors acquired the site in mid 2015 which comprised a 1960’s office building over an existing town centre retail commercial centre. Initially Propitas advised the client during due diligence of the acquisition. Working with the Local Planning Authority, … Read More

The Belvedere, Tunbridge Wells

Instruction Synopsis Propitas are appointed by Altitude Real Estate Investors as Project Managers in connection with the mixed-use redevelopment of a strategic site in central Tunbridge Wells close to the main line train station. The proposed development comprises 108 residential apartments above 65,000 sq ft … Read More

Propitas Advise Major Electrical Distributor

Propitas were appointed to provide strategic dilapidations advice and an assessment of potential dilapidations liabilities in respect of a large distribution facility in Bedfordshire. The property comprised a large warehouse and ancillary offices extending to 116,000 square feet with extensive yard areas. An assessment was … Read More

A Race Against Time

Propitas were engaged by a major logistics operator to project manage the fit-out of a large distribution facility totalling 164,000 square feet. This followed the successful acquisition of the property with Propitas undertaking a pre-acquisition building survey and schedule of condition. Working to an accelerated … Read More

Evolution 50, Andover

Instruction Synopsis Propitas were instructed by Laleham Healthcare to undertake a pre-acquisition survey prior to the intended long leasehold occupation by our client. The property comprises a modern warehouse unit constructed in 2015 offering circa 52,000 sq ft of internal accommodation in addition to a … Read More

Langley Studios, Langley, Slough

Instruction Synopsis We were appointed by Netflix to establish the state of repair of the property and prepare an estimate for the potential dilapidations liability for budgetary purposes prior to Netflix taking a new lease on the studios and thereby inheriting any dilapidations liability of … Read More

RCA Portfolio, Nationwide

Instruction Synopsis Propitas Ltd were instructed to prepare a full reinstatement cost assessment valuation on a portfolio of 13 properties located in Wales, Liverpool, Manchester, The West Midlands and London. The buildings mainly comprised residential (flats) accommodation with a number of properties also including retail … Read More

Forbury Works, Reading

Instruction Synopsis Propitas were appointed by Boultbee Brooks Real Estate as Project Manager, Cost Consultant and Principal Designer on the refurbishment of Forbury Works, a 25,000 sq ft office building in central Reading, opposite the train station. The property comprised a concrete framed structure behind … Read More

Sheer House, West Byfleet

Instruction Synopsis Propitas were instructed by Altitude Real Estate to lead a technical due diligence team in pre-acquisition advice for this investment acquisition. The property comprises a mixed-use development constructed in the mid 1960’s extending to a site area of 1.2 acres. The property is … Read More

Viewpoint One, Bracknell

Instruction Synopsis Following the purchase of this 34,000 sq ft office, constructed circa 2001, our client approached Propitas to project manage a comprehensive scheme of refurbishment. Propitas led a team comprised of Architects, Structural and Services Engineers. Full vacant possession was achieved of the property, … Read More