JP Morgan - Portuguese Portfolio

Click to Enlarge

The Challenge

After acquiring a Portuguese real estate fund, JP Morgan instructed C&W Asset Management (C&W AM) for the management of the entire portfolio. The mixed use portfolio (over 350,000 sqm) included office parks, office buildings, retail units, logistics platform and residential buildings.

The Solution

Following a detailed due diligence process, C&W AM implemented new management procedures and together with the client, assisted in several operational and legal due diligence processes for the disposal of some of the non-strategic properties.

After advising the Client as to the need for new capital expenditures in order to maximize the property performance, these were implemented and coordinated by the C&W team. Among other services, the management instruction also included the licensing of some of the properties.

The Results

C&W AM was able to reduce service charges and to increase the occupancy rate of the portfolio. As a result of a proactive management the portfolio has raised its status in the market and has today better performance.