Transforming property assets
CITIVALE IS often brought in by property owners to manage assets that are struggling or need time spending on them at a local level.
The company, which reports to pension funds in London, currently has over 35 commercial property assets across the UK worth in excess of £200m including distribution units on the M62, South Elmsall, Elland and Hull in Yorkshire and developments and interests in Scotland.
Its assets under management are in joint ventures and on behalf of a number of institutional investors.
Citivale specialises in transforming secondary assets into prime investment opportunities.
It buys multi-let estates up to £10m in value and refurbishes them to increase the value.