DEALS

Our experience

  • Date
    6 July 2017
    The Horizon Building is newly constructed apartment block at Lochend Park View a short distance east of the city centre of Edinburgh and close to the open green spaces of Lochend Park, Calton Hill and Holyrood Park. Consensus Capital purchased a cleared brownfield development site from a housebuilder who had become insolvent during the financial crisis. Consensus Capital then obtained the planning permission for the current mix of 1-bed, 2-bed and 3-bed apartments, and with a main contractor built the six-storey property to specification for the housing association Hillcrest Group. The project was completed in 2014 and provides 48 new affordable homes.
  • Date
    6 July 2017
    Craigievar House is located in the East Craigs area of Edinburgh and was previously the regional office of the housing association Blackwood Homes which was founded by the social rights campaigner Dr Margaret Blackwood MBE. The building had been empty and redundant for a number of year before Consensus Capital proposed the re-design and re-use of the property. Consent was granted for the conversion and extension to create 44 residential apartments for the housing association Places for People, 100% of which were Affordable Homes. After completion the development was shortlisted as a finalist for Renovation of the Year at the Scottish Home Awards.
  • Date
    6 July 2017
    34-36 Wellesley Road is the centre of Ashford in Kent and this project was a conversion of a former HMRC office building into residential apartments. Ashford is a fast growing commuter town in the south east of England with excellent transport links to London and mainland Europe thanks to the Ashford International Station on the high-speed rail line HS1. Consensus Capital secured the planning permission as one of the first “permitted developments” in the local authority area and the conversion of the building was designed to the specific requirements of the housing association Moat Homes. The refurbishment and conversion completed in 2015 and the building now provides 25 modern affordable homes.
  • Date
    6 July 2017
    The property at Water Vennel is located in the oldest part of the city of Perth but is a relatively modern four-storey concrete construction built in the 1970’s. The property was formerly an HMRC office and been empty for a number of years before Consensus Capital proposed the conversion into residential flats. The building was completely refurbished and converted into 18 Affordable Homes for Caledonia Housing Association. Caledonia Housing Association is one of Scotland’s leading providers of high quality affordable homes for people in housing need with around 4,000 homes under ownership across Scotland in Tayside, Fife and the Highlands.
  • Date
    6 July 2017
    Winchburgh Village is a 347 hectare masterplan for a new residential community 11 miles west of Edinburgh. The total capital investment required to deliver the project is over £1 billion making this one of the UK’s largest mixed use projects currently in progress. The masterplan brings together over 20 years of partnership between two major landlowners in the West Lothian. Consensus Capital has been an investor in this project since the concept was first developed. The first phase of residential development has been completed by a number of major housebuilders and work is now ongoing with the community facilities and transport infrastructure.
  • Date
    6 July 2017
    St Margaret’s Nursery is a successful pre-school with space for 121 children aged 0 to 5 years. The building was previously the Suffolk Hall Hotel and then the boarding house of St Margaret’s School for Girls, from where the Nursery took its name. Consensus Capital acquired the freehold building and invested in the Nursery as a startup. The Nursery is staffed with dedicated early years practitioners and teachers with exceptional skills to nourish the children’s development through natural curiosity with specific attention to their individual needs and as a result children flourish at St Margaret’s.  
  • Date
    27 June 2017
    Consensus Capital has been a successful independent developer of renewable energy and in particular small wind turbines of up to 1 megawatt. We have applied our expert knowledge in land acquisition and development to add value to a number of UK onshore wind energy projects. Our most successful projects involved the acquisition of land in Cornwall in the south west of England. Consensus Capital was able to deliver the planning permission development, environmental assessments, grid permission development and engineering design, after which we were able to exit this project through a sale to a renewable energy portfolio operator. The capital return on this project was over five times.
  • Date
    27 June 2017
    Consensus Capital was one of the early developers in rooftop solar power and was successful in developing over 3,000 kilowatts of rooftop solar generation in the UK’s largest renewable energy scheme for social housing. This solar deal was also a restructuring deal, coming at the time of the UK’s second review of Feed-in-Tariffs. Consensus Capital’s investment in this sector has enabled over a thousand homes to benefit from renewable energy from solar panels. Solar panels operate silently and without any moving parts of environmental emissions and so solar power has developed rapidly from being a niche market into a mature technology used for mainstream electricity generation.
  • Date
    27 June 2017
    Consensus Capital has invested heavily in developing land rights for the development of electricity demand response services and currently has a large number of sites in development at various stages of planning permission, grid consent and construction. Electricity generation is becoming more distributed and variable, in particular because of the growth in supply of renewable energy generation such as wind and solar. This means that the electricity distribution grid needs to be become smarter, more efficient and more flexible so that it can continue to deliver reliable power to businesses and consumers. Consensus Capital’s investment is driven by the opportunity to make a significant return in the changing energy sector.
  • Date
    6 July 2017
    1 Cambuslang Way is situated close to the River Clyde south east of Glasgow. The building is on the office park known as Gateway Glasgow, and is a modern 7,000 square feet self-contained office which was previously let to the multinational oil and gas group BP. BP used the office to run their bottled gas distribution business for the West of Scotland. Consensus Capital refurbished the building at the end of BP’s 15 year lease. The building is now let to the housebuilder Keepmoat Homes. Keepmoat Homes is based in Doncaster, Yorkshire and has grown rapidly in the last five years to be one of the UK’s leading housebuilders having built over 30,000 new homes in the UK.
  • Date
    6 July 2017
    The Firewater bar and nightclub is a very popular licensed venue on Sauchiehall Street in the central entertainment district of Glasgow and close to the Glasgow School of Art. Consensus Capital acquired the freehold property following a bank recovery and restructuring and was able to agree a leasehold with the current operators who committed to the building for 25 years. The bar itself is located in the basement of the building and has undergone a recent refurbishment by the operator, with an all sleek, dark, candle lit decor that attracts a mixed crowd who contribute to its excitable, bustling atmosphere, matched only in volume by a loud, one-size-fits-all indie/rock playlist.
  • Date
    6 July 2017
    Clearwater House was previously the Edinburgh headquarters of the Scottish Environmental Protection Agency. It is a modern office and laboratory facility covering 30,000 square feet and is situated on the Heriot Watt University Research Park, the largest and most prominent science park in Scotland. Consensus Capital refurbished the building and subdivided the floor-space into four self-contained office suites with a mix of open-plan space and conferencing facilities. We have been successful in securing a number of tenants including a global scientific research provider and we work closely in partnership with Heriot Watt University itself to fulfil the remaining office supply.
  • Date
    6 July 2017
    The Radisson Blu is a five-star hotel in Glasgow located on Argyle Street next to the Central Station. The hotel was designed by Glasgow architects Gordon Murray and Alan Dunlop and its visually striking frontage and has become a well known city centre landmark known for its sculptural copper wall. The hotel has 247 rooms and suites as well as some of the best conferencing facilities in Glasgow able to hold up to 800 people. The freehold building was purchased for £73m which included the hotel operated under management by Rezidor Hotels and Resort, together with ground floor retail units and a gym. Radisson Blu is part of the global portfolio of the Carlson Rezidor Hotel Group.
  • Date
    6 July 2017
    This retail investor backed property investment was the UK headquarters of insurer Eagle Star at Montpellier Drive in Cheltenham, England and was purchased for £36m. The property was held as an investment asset until being sold to a pension fund at a significant uplift in capital value for investors and promoters. Eagle Star Insurance was a leading British insurance business which underwrote the full range of risks including liability, fire, accident, marine, motor, life, contingency and Pluvius (weather) insurance. Eagle Star is now one of the insurance brands owned by Zurich Financial Services.
  • Date
    6 July 2017
    A retail investor backed property investment of a retail warehouse in Sheffield occupied by B&Q. It was purchased for £24m and held as an investment asset until being sold to an institutional fund manager at a significant uplift in capital value. Sheffield is a large English city in the county of South Yorkshire with a population of 1.6 million in the wider metropolitan area. Sheffield is historically the centre of the UK’s steel industry. B&Q is the UK’s leading home improvement retailer, having its origins as a single furniture store founded by Richard Block and David Quayle. B&Q grew rapidly with additional DIY warehouses across the UK and was later bought by Kingfisher plc.
  • Date
    7 July 2017
    Consensus Capital is an experienced and successful investor in concepts and new ventures. We look for scalable ideas driven by strong and focused management teams. Our sector experience is wide ranging and includes financial technology, marketing, social media, renewable energy and professional services. We are constantly searching for new investment opportunities and we aim to be at the forefront of the development of new ventures and new markets. One of our recent investments has been a subscription for the second round of seed funding for a new trading exchange for cryptocurrencies and other blockchain distributed ledger assets. We anticipate significant growth in the value of this investment after IPO.
  • Date
    7 July 2017
    We have delivered significant value from restructuring, turnaround, special situations and insolvency recovery. We operate across all sectors and have completed transactions related to food manufacturing, textile manufacturing, renewable energy, building products, creative industries and retail. In one example of a deal we completed, we acquired the trading assets of a food processing manufacturer from Administrators after the company had run into difficulties with over-trading. After stabilising the operating cashflow and order book we were able to negotiate an agreement with a trade buyer who were also a supplier to the previous business, and ultimately sell the new business as a going concern.
  • Date
    7 July 2017
    As a knowledgeable expert investor in concepts and new ventures we look for scalable ideas driven by strong and focused management teams. Our wide ranging sector experience encompasses financial technology, marketing, social media, renewable energy and professional services. We invest in entrepreneurs and management teams who have proven to be successful leaders in their field. We provide additional support to these ventures with our own business and commercial expertise through non-executive directorships, as well as with the appointment of executive professionals with the technical knowledge and industry experience required by the business to grow further and succeed in delivering on its business plan.  
  • Date
    26 June 2017
    Consensus Capital’s investment at Charlotte Square consisted of five adjoining townhouse offices in the A listed Georgian terrace on the eastern side of Charlotte Square in Edinburgh’s New Town. Charlotte Square is a garden square which is an important part of the UNESCO world heritage site which was designed by James Craig at the end of the 18th century. The Charlotte Square portfolio was assembled through acquisitions over a period of years and was previously home to the headquarters and registered office of Consensus Capital itself. The portfolio was recently sold on the open market after being refinanced and restructured .
  • Date
    31 July 2017
    Consensus Capital has invested in property management company Charlotte Square Property Management to undertake all aspects of tenant and property management for its own properties and other residential landlords. Through Charlotte Square Property Management, Consensus Capital currently manages properties in Edinburgh Glasgow and London and works with landlords, tenants and contractors to ensure the smooth running of it’s property portfolio. In addition, Consensus Capital and Charlotte Square Property Management together have recently completed luxury refurbishments and bespoke development projects in prime residential areas in Edinburgh and London.
  • Date
    6 July 2017
    10 Chester Street is a B listed townhouse forming part of a Victorian terrace in the West End of Edinburgh. The property is a former office building and was converted into a stunning family house with a separate lower-ground apartment. The development was designed and managed by Consensus Capital all the way from the original application for planning permission and listed building consent through to the interior design and sale of the two completed properties. Consensus Capital retained the car parking at the rear of the plot and have been successful in gaining a further consent for a newbuild mews on the site.
  • Date
    6 July 2017
    11 Chester Street is a B listed townhouse forming part of an impressive Victorian terrace in the West End of Edinburgh. The property was previously the Scottish operational office of the Marine Conservation Society and also of building surveyors Wren & Bell. Consensus Capital was successful in gaining the listed building consent and planning permission to convert the property back into its original residential use and for the subdivision into a lower ground floor apartment and three storey townhouse. Consensus Capital also project managed all phases of the construction, interior design and fit-out of the property.
  • Date
    27 June 2017
    6 Forres Street is an A listed townhouse forming part of a Georgian terrace in the New Town of Edinburgh. The property has been in office use for many years and is let to a firm of building surveyors. The property was managed by Charlotte Square Property Management until it was sold to an investor. Forres Street is adjacent to Moray Place dating the 1820’s and is part of the western extension of the original New Town. It is currently one of the most prestigious residential locations in central Edinburgh and many of the office buildings in this location have been converted back to residential use in recent years.