10Jan 2012 by David Ajsose

Exeid Asset Management – St Nicholas Court Makes a Profit in the Commercial Property Market

Case Studies, Exeid News, Finance, Nottingham, serviced office space, St Nicholas' Court
Exeid.com, the rapidly expanding Midlands Real Estate Asset Management Company, confound the pundits and defy market sentiment by posting capital gains of £540,000 in 9 months, on their latest property deal. David Ajose, CEO, said: “This is a fantastic result that represents a 37% uplift in asset value and over 100% return on cash invested. We aim to ‘Exeid’ our investor’s expectations - and on this occasion, that’s an understatement” [caption id="attachment_760" align="alignright" width="241" caption="Brian Wilson, Funding Private Equity Partnership"][/caption] Brian Wilson, of the Funding Private Equity Partnership, commented: “This was our first investment under the guidance of Exeid Asset Management and, I have to say, we have been delighted with the results. David and his team have applied their unique system to a traditional market and turned it on its…
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26Jul 2011 by David Ajsose

NHS move into St Nicholas Court under Barbara Henson’s Supervision.

Case Studies, Client Profile, Commercial Property, Exeid News, Nottingham, Office space, Parking, serviced office space
[caption id="attachment_412" align="alignleft" width="300" caption="St Nicholas Court"][/caption] Following the recent Government spending review the NHS have been ordered to reorganise and streamline their services  and find space for the NHS 'Rethink Project', Nottinghamshire Healthcare have been looking for a new site that met these  new requirements. The space needed to be  DDA compliant, modern and comfortable office space, whilst remaining within the financial budgetary restraints set by the review. A tall order  you might think, not with Exeid’s experience. In difficult economic  times many organisations  tend to migrate to the suburbs in a bid save on property prices, however, with travel economics as they are today there really isn’t much to be gained in this aproach.  In addition, organisations need to take into account the fact that the city centre  is the…
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21Jul 2011 by David Ajsose

Interview with Richard Priestly MD of Exeid.com following the recent acquisition of St Nicholas Court a Commercial Office Property on Castle Gate Nottingham.

Commercial Property, Exeid News, Nottingham, Office space, Property Purchase, serviced office space
Six months on and we revisit Exeid.com and their latest office acquisition St Nicholas Court 25 to 27 Castle Gate, Nottingham. We talked with Managing Director Richard Priestley: So Richard, you acquired this building in the thick of what has been described as the most difficult trading conditions for 70 years in the commercial property sector. Was that a foolhardy or smart move and why? To be fair it was almost a bit of both. The property was first identified as a target by our CEO a few of years back. Basically, it was approximately 60% vacant but at that time the  requirement to pay “empty rates liability” had not kicked in so the price tag, whilst much higher than what was eventually paid, was almost justified. So why wasn’t…
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