Northwood – Real Estate Portfolio Management
RED provide a comprehensive part time Real Estate Director offer to Northwood Hygiene Products Limited, across a growing portfolio of c. 1.5M sq ft.
How We Help Northwood
Northwood Hygiene Products Limited is a leading family owned converter and supplier of hygiene paper products with a group occupational real estate portfolio in excess of 1M sq ft across 7 sites.
The business is in a period of dynamic growth mainly through corporate acquisitions. With this growth comes real estate pressures and decisions, integrating new properties into the existing portfolio and ensuring efficient occupation across all sites. Northwood appointed RED as its “outsourced Real Estate Director” to provide expertise, market knowledge and as a resource to allow the MD and the FD to focus on their own roles in the knowledge that real estate issues will be dealt with by a team who understand their business.
RED have carried out the following jobs for Northwood as part of their role:
- Strategic review of portfolio
- Property acquisitions
- Rent reviews
- Lease renewals
- Coordination of major building surveys across entire portfolio
- Coordination of environmental surveys and works
- Appraisal of new development and acquisition opportunities
- Engagement with local authorities
- Investigation of grant funding
- Real Estate due diligence on corporate acquisitions
RED provide a service to Northwood which would typically be carried out by a full time in-house property director. Northwood and RED have developed a relationship of trust and this has resulted in Northwood benefitting from a team of professionals whilst having a single point of contact.
Services We Provided
What Northwood Say
