News

11 / July / 2017


DTZ Investors sees record level of stock in the first half of 2017

Over the past 20 years, the DTZ Investors house portfolio, as measured independently by MSCI, has delivered an average of 220bps per annum of outperformance compared to the IPD All Property Universe

This success is repeated across client portfolios, with a low dispersion of returns between clients

In March 2017, DTZ Investors announced a new client: Allianz Insurance. DTZ Investors’ role will be to advise Allianz Insurance on its property portfolio, developing an investment strategy, providing asset management services and executing transactions on an advisory basis. The target is to grow the portfolio with the aim of increasing the Fund’s exposure to DTZ Investors’ preferred investment style of multi-let assets in major urban centres

In the first half of 2017, DTZ Investors has completed or put under offer over £350m of assets

DTZ Investors has also seen a record level of stock in the first half of the year totalling over £32.5bn

Key transactions in the first half of the year include the acquisition of The Printworks in Manchester, a landmark leisure scheme anchored by an Odeon IMAX cinema, with a further seventeen food and drink venues arranged over four floors, and the acquisition of the Buttermarket Centre, a 235,000 sq ft leisure and retail scheme located in Ipswich

DTZ Investors has also successfully completed the speculative development of a 65,000 sq. ft. industrial warehouse unit in Trafford Park, Manchester; adding to an existing holding, which now comprises 20 self-contained industrial units located less than 3 miles from Manchester City Centre. This provides the opportunity to take advantage of the current low level of supply of large industrial units across the North West, whilst increasing DTZ Investors’ ownership within this prime industrial location

Future investment will be targeted towards multi-let industrial estates, mixed-use assets and leisure assets in major urban centres and the private rented sector