Swindon – Canal Walk and Bridge Street
- Client: Local Authorities Mutual Investment Trust
- Value: c £22m
- Detail: Camplin Bianco identified the opportunity to improve this holding for LAMIT, which was physically challenged by changes in street level as well as poor configuration and size of units. These issues were compounded by short lease expiries and tenant mix issues. We were instructed to act as development managers and as a result appointed the professional team to procure an investment and development strategy. This included negotiating a joint venture partnership leading to the grant of a planning consent to add value through a complete redevelopment, creating six prime retail units. Camplin Bianco were also instrumental in the leasing to tenants including HSBC, Vodafone, Costa and others. We were subsequently instructed to dispose of the investment to an institutional investor.