Bridge Road
Purpose Built Residential (PRS)
Client
Institutional Fund Manager
Service
Development Consultancy
Background
- A permitted development office conversion. No capital spend had been made since completion and the assets ERV profile was falling behind competing schemes.
AREA role & workstreams
- Oversight of a comprehensive refurbishments to apartment kitchens and bedrooms helped drive ERV forward and provide an attractive +10% Yield on Cost.
