Craigard Buys Again in Guernsey
Craigard is delighted to add a prime 34,500 sq ft office building to its growing portfolio across the water in Guernsey.
Craigard is an energetic and fast moving property partnership with a strong pedigree and proven track record.
Now over fifteen years old, we have transacted around £200million of buying and selling since inception in early 2005, and have demonstrated our ability to thrive through a boom, bust and recovery cycle.
Targeting all forms of added value commercial property between £500,000 and £5million, a thoughtful and analytical approach is applied to each opportunity. We adopt a measured 'risk and return' approach, flexible to each project, so we can target opportunities which might not suit the mainstream investment market.
A significant player in the South of England, we are comfortable UK-wide for the right asset.
We are well-positioned with strong investor support and good banking relationships to make well-considered acquisitions over the coming months as the world hopefully starts to recover from the impact of the Covid-19 pandemic. We have a long-standing acquisition team behind us, well-versed in our focus on deal delivery.
The 2008/2009 banking crisis led to a need for significantly more equity than previously, and to this end a proven syndication structure was adopted in 2011. Since then we have been fortunate to be supported not just by our two original funders Atkins and Deeley but a total of around 50 High Net Worth investors – many of whom are in multiple syndicates and all of whom have been introduced on personal recommendation.
We pride ourselves that we always co-invest and we make our profit on an incentivised performance basis after an investor priority return, so interests are aligned.
Craigard is delighted to add a prime 34,500 sq ft office building to its growing portfolio across the water in Guernsey.
Craigard has again delivered a great result during some of the most challenging times for the commercial property industry by reletting its vacant office in Cornbrash Park within just eight months.