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Case Studies

Please find below a selection of properties within our portfolio, including details on each property and our asset management plans for the property. If you have any questions or would like further details, please contact the Management Team.

Newmarket Business Park
Newmarket Business Park
Newmarket

Acquired by PITCH in 2006, this property comprises a high bay warehouse extending to 70,429 sq ft. In April 2021, the Fund commenced a £1.1m refurbishment with the aim to deliver a net zero building and improve the value of the asset through a high quality letting.

This refurbishment included:
• 100 kWp roof-mounted solar installation
• Removal of gas and installation of new electric powered heating/cooling system
• Installation of new EV car charging points
• EPC improvement to A from C


Prior to completion of the refurbishment the property was put under offer to a new tenant which is committing to a long lease and at a rent 38% ahead of the previous passing level.

3 Capital Quarter
3 Capital Quarter
Cardiff

A high quality modern office with strong tenants and good growth potential. It comprises a newly developed Grade A office over ground and six upper floors, completed in August 2018. The property provides an excellent specification and level of tenant amenity including:

  • Flexible floor plates, which would suit subdivision
  • Fully DDA compliant
  • Sixth floor roof terrace
  • Secure bike storage for 36 bikes
  • Excellent fibre broadband connectivity

ESG Features:

  • Shower facilities and lockers in basement
  • BREEAM Excellent accreditation
  • EPC rating of A.
Binsey House, Wallbrook Court, Oxford
Binsey House, Wallbrook Court, Oxford
Oxford

Binsey House comprises 5,300 sqft arranged over ground
and first floors and has been occupied continuously by
a single tenant for over 30 years. Consequently, when
it finally became vacant it was in need of substantial
upgrading as both the M&E and building facilities were
beyond their useful life. The EPC was C67.
We undertook a complete refurbishment including:
• Full strip out to provide open plan offices with new
ceilings which has greatly improved the natural light
and flexibility of the space.
• The old gas central heating system was removed and
replaced with a new efficient HVAC heating and cooling
system incorporating a heat recovery ventilation system.
• New LED lighting was installed throughout with PIR
sensors and WCs and showers were replaced.
• New windows were installed and the thermal insulation
to the roof was upgraded.
As a result of the above, the EPC for the property has
increased to A24. Shortly after refurbishment, a new
letting was agreed to at a significantly enhanced rent.

Property Income Trust for Charities

A Fund managed by Swiss Life Asset Managers UK Limited

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