The portfolio comprises 478 properties with a total NLA of 268,732 sq ft (25 buildings). The properties are located in the Northeast of England, a major growth region with attractive underlying property market fundamentals and strong FDIs.
The portfolio benefits from significant AM opportunities to drive value and address various management inefficiencies, underperformance and lettings strategy, and improve NOI significantly. Grace’s business plan comprises a targeted ESG-led modernisation programme, energy transition strategy and implementation of proptech lettings and property management solutions.
