STATISTICS

  • Portfolio of 11 properties
  • Total Value – circa £6m

CHALLENGE

  • Colliers International, Birmingham were instructed to provide a valuation of the property holdings of Stroud and Swindon Building Society for asset transfer purposes.

STRATEGY

  • Colliers International were instructed by Coventry Building Society to provide a valuation of the property holdings of Stroud and Swindon Building Society following an introduction from Andrew Tunney in our Corporate Solutions department
  • The Stroud and Swindon Building Society had recently been acquired by Coventry Building Society and the valuation was required for asset transfer purposes. The portfolio comprised office buildings in Stroud and Gloucester and 9 local branches.
  • The portfolio was valued at circa £6m.

SERVICES

  • Valuation
  • Corporate Solutions
  • Office Agency

RESULTS

  • Coventry Building Society were pleased with the way the valuation was undertaken and the findings enabled them to develop a portfolio management strategy.
  • Colliers International, Bristol were subsequently instructed to dispose of the freehold office buildings in Stroud and Gloucester.