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St Mark’s Retail Centre

Location: Lincoln
Description: Shopping Centre
Size: 403,600 sq ft (37,500 sq m)
Strategy: Problematic Situation

Located on the outskirts of Lincoln’s town centre, St Mark’s had been developed seven years before Mountgrange acquired the property in 2002. At the time of purchase, the retail centre was in need of some refurbishment and was suffering from a lack of focused asset management. As a result, the profile of St Mark’s and its retail income did not reflect the centre's potential.

Comprised of 149,600 sq ft of retail warehousing and 254,000 sq ft of retail park and high street retail, Mountgrange saw an opportunity to boost both the profile of the centre, and by implication its rental revenue. This was achieved by upgrading the fabric of the property and by forming relationships with tenants to increase turnover and improve both the centre's ambience and St Mark's brand.

The property was sold to Standard Life in 2003.

City Park
Location: Brighton and Hove
Description: Office building
Size: 198,000 sq ft (18,400 sq m)
Strategy: Complex Development / One-off situation

Three headquarters office buildings developed by Mountgrange and fully let to Legal and General during the construction phase.

National Car Parks (NCP)
Location: Various UK locations
Description: Car Parking Business
Size: Owned and/or operated over 850 car parks
Strategy: Corporate Situation / Platform Business

Acquired by Cinven in 2002, Mountgrange were brought in as co-investors and managers to improve performance and develop the business.