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Circle Property
Unit Trust Actively investing in property |
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ESHP - Case StudyThe issueEdgerley Simpson Howe and Partners are Chartered Surveyors specialising in investment agency who often uncover off-market opportunities. In those situations it is important to obtain rapid decisions from investors on any potential deal before the opportunity disappears. Once an opportunity has been identified it is essential to research the background, agree terms and offer a transaction time with a minimal delay in order to secure the property, and thereafter to adhere to a strict timescale. Failure on any of these by a potential purchaser can cause the deal to fail and in turn harm the reputation of the agent acting in the market place. The solutionESHP recently took an off-market commercial property buying opportunity to Circle for consideration. Circle’s approach of assessing the opportunity as quickly as possible meant that a positive response was made with 48 hours and a formal offer within 72. Circle then followed through to resolve some difficulties that were discovered
with the property, and ensure completion of the deal within a very short
space of time.
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“In our business it is very important to have
confidence that your client is going to act professionally and deliver
on his promises. Circle has always done just that. They make decisions
rapidly and then act to make those agreements work. In the many years
I have known John at Circle, I have always found him a delight to deal
with. He knows his market and is very quick to grasp the essentials of
a deal.”
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