Current Portfolio of UK Assets
16 KIRBY STREET
London EC1
The Asset is a Freehold building office building of 19,401 sq. ft. in the heart of Farringdon - one of London’s most sought-after office submarkets.
35 NEWHALL STREET
Birmingham
This asset is a strategically located CBD office building with excellent repositioning potential.Investment Strategy
In the UK, host to the world’s sixth largest economy, the current trend is a desire to live in good quality housing and work in attractive office environments. This on-going divergence in demand between Grade A and Grade B/C assets was accelerated by the pandemic. Since new construction is not sufficient to satisfy this growing demand, prime asset prices are likely to rise.
Electra UK will deliver value by repositioning, repurposing, and revitalizing discounted secondary assets in good locations in the UK. This joint venture plans to source opportunities (on and off market), perform underwriting and due diligence to institutional standards, purchase, reposition / repurpose / revitalize, create value through active local management, and then expertly exit and distribute profit.
Sourcing opportunities (on and off market)
Full underwriting and due diligence to institutional standard
Purchase, Reposition, Repurpose, Revitalize
Letting and stabilization
Value creation through an active, on-the- ground management team
Exit and profit distribution