Langtree has established an effective and efficient way of operating day-to-day activities to promote well maintained industrial estates and office buildings. We successfully boast a portfolio wide of over 92% occupied.
After years of tried and tested ways, we have developed effective procedures, activities and reporting processes to manage several property portfolios on behalf of both public and private sector clients.
Langtree is the management partner for Warrington Borough Council’s £8.5m five story 50,000 sq ft office building in Warrington Town Centre, The Base.
The Base is a Grade-A office and co-working space in the centre of Warrington that’s home to many market leading digital technology and advanced engineering companies. The Base was setup to encourage and facilitate the growth of businesses within the advanced manufacturing, engineering and digital tech sectors and the development of technologies for the 4th Industrial Revolution.
Located next to the Science and Engineering University Technical College, providing unique opportunities for its occupiers, an advantage of The Base is that all occupiers receive business support from the onsite team and wider partners, including marketing, tax, legal advice, as well as help with innovation and research and development.
Langtree took over the asset management of this portfolio on behalf of PGIM Real Estate in December 2020. PGIM acquired the original portfolio in December 2013 and, subsequently, have made some acquisitions and some disposals. The portfolio now consists of eight sites covering the South and South-West. It is a diverse portfolio including estates consisting of small units and others with units of up to 20,000 sq ft.