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Daniel Carter to speak at MIPIM
March 2017 - Vixcroft, chief executive, Daniel Carter has been invited to speak at a conference at MIPIM 2017. Carter will be one of the panellists leading the debate ‘Wise Council’ discussing local authority property investment, on Tuesday, 14 March at 16.30 – 18.30 at Quai 21 Saint Pierre, Angel Rue du Port, Cannes, France. As an Asset Mana...
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Improvements to Derry’s Richmond Centre Help to Pull in Shoppers
Improvements to Derry’s Richmond Centre Help to Pull in Shoppers -Positive start to new year – centre 100% let and further improvements underway- January 2017 - Derry’s Richmond centre has reported a great start to the New Year with visitor numbers over the Christmas period up on last year and sale shoppers set to continue the upward trend. Accordi...
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Successful Management Buy Out of Arrowcroft led by Senior Directors Daniel Carter and Alan Jones
Successful Management Buy Out of Arrowcroft led by Senior Directors Daniel Carter and Alan Jones
- Senior PwC Partner to Join as Chairman -
March 2014 - Arrowcroft director Daniel Carter and finance director Alan Jones have successfully led the MBO of the real estate company Arrowcroft Group’s development, finance and asset management team, to form Vixcroft.
Albert Dock owner Arrowcroft Group has recently undergone a restructuring following the death of its founder Leonard Eppel in the autumn of 2012.
The buyout sees experienced real estate regeneration specialist Daniel Carter take on the role of chief executive, Alan Jones will continue as finance director. The management team will be further strengthened by the appointment of Ian Coleman, a former senior partner and global leader of PwC’s valuation and strategy practice, as chairman. Ian brings considerable knowledge of financial restructuring to the team. Ian’s key role will be to oversee Vixcroft’s corporate development and to be involved in property deals with complex capital structures and demanding modelling or valuation issues.
Commenting on the MBO Daniel Carter said: “This is an exciting opportunity for us. The team at Vixcroft has years of experience and a hugely successful track record as investors, asset managers and developers in all real estate classes, particularly in town centre regeneration projects.”
Commenting on Ian’s appointment, Daniel Carter added:. “We are delighted to have Ian on board and his experience will be invaluable to complex real estate deals.”
Along with the new Board, Vixcroft has appointed a senior leadership team to support the growth of the firm.
“The appointment of senior staff to lead from within the business gives us the foundations we need to grow and expand. We have a hugely talented, charismatic and bight senior team who are central to the growth of Vixcroft.” Added Daniel Carter.
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Yorkshire House, Liverpool
Yorkshire House is well located in central Liverpool, close to Moorfields Merseyrail station and Lime Street mainline rail station and a short walk away from the main shopping centre. When this period property was acquired in 2006 it was in a dilapidated condition having been vacant for many years. The building was re-purposed to meet mod...
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Griffin Island, Newport
The Griffin Island Estate comprising 26 buildings with 30 separate retail units was acquired in May 2002. At purchase, 28 of the retail leases had expired and were either holding over or faced an imminent expiry and a number of the upper parts were derelict or dilapidated. The Estate has frontages onto 4 separate streets, including t...
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B&Q Distribution Centre, Worksop
A complex restructuring, entailing the application of Directors’ financing and restructuring skills. This high grade asset had been over-leveraged by the previous owner with the total debt secured against it significantly exceeding its value. In addition, the former owner had committed to a long term swap instrument with a negative v...
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