-
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...
Read more
-
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...
Read more
Vixcroft Purchases the Octagon Centre, Burton for £15 million
Vixcroft Purchases the Octagon Centre, Burton for £15 million
May 2014 - London-based asset manager, property development, and finance company, Vixcroft, has purchased Burton’s second largest shopping centre, The Octagon Centre for £15 million from DTZ Investment, which manages the running of the centre on behalf of Strathcylde Pension Fund.
Commenting on the purchase, Vixcroft chief executive, Daniel Carter, said: “We will now roll up our sleeves and come up with a plan to revitalise The Octagon Centre which has suffered for lack of new initiative.
“The next step is to talk to the current and potential occupiers of the centre and to other organisations, such as the borough council, in a bid to tailor our plans to their requirements.
“Our aim is to invest in improvements to The Octagon that will enhance the appeal and vitality of the town centre for the people of Burton.
“We have taken on similar sites before and made them a great a success and, with the scope we see for investment, then we hope we can replicate this in Burton.”
The Octagon centre was opened in 1990 and is famous as the location of the first Poundland store in England.
Vixcroft, is a spin-off of the Arrowcroft Group, which has transformed the lower precinct in Coventry as well as its regeneration of Liverpool’s formerly derelict Albert Dock.
-
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...
Read more -
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...
Read more -
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...
Read more