We have market leading specialist groups dealing with Pubs, Leisure and Healthcare.
Our Specialist Markets group has brought together experts in operational real estate within the Pubs, Leisure and Healthcare sectors. Each group is proud to have been involved in ground-breaking transactions using detailed operational and real estate expertise to provide strategic vision to operators, investors and lenders.
Our Market Leaders
David Batchelor, Head of Specialist Markets "I have led the Specialists Markets group at CBRE for 8 years. During that time I am proud that we have had the opportunity to work with leading organisations and assets, and on projects that have changed the markets. 2013 was characterised by some market changing transactions. For example, US REITs deployed over £3bn into UK Healthcare."
Keith Harris, Capital Markets "As part of both Specialist Markets and UK/EMEA Capital Markets, I co-ordinate the sale and purchase of large scale specialist markets assets. Within Specialist Markets we combine the deep understanding that only asset experts can provide along with disciplined sales processes. In short, we connect international investor pools with best-in-class specialist product."
Toby Hall, Leisure "Since 2008 our team has been advising on many of the major events in the Health Club, Gaming and Cinema markets and are actively involved with the key operators in each of these sectors. During this period we have advised in respect of £5.8bn of leisure assets ranging from complex debt negotiations through to supporting the recent sale of David Lloyd to TDR Capital. This breadth of experience puts us in a unique position to advise on the key role real estate plays in corporate strategy."
Siân Tunney, Pubs "Our Pubs team cover every aspects of the market ranging from disposing of single assets for existing or alternative use to advising on large portfolio sales, acquisitions or valuations. Our long standing relationships with all of the major pub groups, access to the new wave of investors who are targeting the sector and granular knowledge of the real estate give us a unique perspective on this highly specialist and often complex market."
Tom Morgan, Healthcare "We have been at the forefront of the US REIT investment into EMEA healthcare and are acting on behalf of many and varied clients seeking to optimise their healthcare real estate investments. We apply a unique blend of detailed analysis at the individual property level with a global healthcare advisory team working alongside our capital markets experts. This means that we are best placed to spot real time trends in the market and help clients take advantage of the opportunities."
February 2014 - Bannatyne Fitness LTD and M&G real estate have today announced a £92m ground rent sale and leaseback deal on 39 of their UK fitness club assets. The transaction is structured with a 125 year leaseback with rental indexation set at a low percentage of trading profits in order to create an investment grade product. CBRE’s Specialist Markets team brokered the deal and advised M&G’s Secure Property Income Fund on the purchase which is the UK’s largest commercial ground rent deal outside of the hotel sector. For more information please speak to Patrick Grant. Read more.
January 2014 - David Batchelor gives his view on what lies ahead for the Healthcare, Leisure and Pubs sectors. Read more.
November 2013 - RHM Klinken - CBRE Specialist Markets with CBRE Capital Markets in Frankfurt arranged the sale and leaseback of 11 clinics in Germany to Medical Properties Trust Inc., a listed US REIT, for €175m. Read more.
September 2013 - TDR agrees to buy David Lloyd - CBRE was proud to provide real estate advice to both the lenders and principal investors throughout the sales process. As part of the sale process of the David Lloyd group, one of the UK's leading leisure businesses, the team was instructed to value the PropCo estate for the benefit of both investors and lending institutions connected with the sale. The sale, the largest in the sector for many years, was successfully concluded in September 2013 to TDR. CBRE also provided detailed technical building surveys on this European portfolio.
July 2013 - CBRE Healthcare Team advises on investment by US REITs. Read more.
June 2013 - David Batchelor outlines the opportunities for Specialist Markets in a key note address at the Estates Gazette Alternative Investment conference. Read more.
Valuation Advisory: Specialist Markets