Westgate brochure whitelabel

WESTGATE NEWCASTLEWESTGATE NEWCASTLEA Select Property Group Brand

A city centre property investment in Newcastle upon Tyne

A Select Property Group Brand

SelectPropertyGroup

selectproperty.com

Offices in Manchester, London, Dubai, Singapore and Toronto

Contact

T +44 (0) 207 123 4000

F +44 (0) 161 332 7718

E [email protected]

Select Property Group

The Box, Horseshoe Lane

Alderley Edge, Cheshire

SK9 7QP United Kingdom

Please note that the information that we distribute isproduced with great care and believed to be correct at thetime of printing to the best of our knowledge. Pictures,layouts and other details in this brochure are given as ageneral guide and may change from time to time inaccordance with the final designs of the development andappropriate planning permissions. We endeavour to ensurethat any market forecasts we provide are accurate and wellresearched at all times, however we cannot ultimatelywarrant the accuracy of that information and cannot be heldliable for any reliance you may make of or put on it except asspecifically agreed with us in any further agreement we maymake with you in writing.

Agents Details

VITA STUDENTHAS REVOLUTIONISEDTHE STUDENT ACCOMMODATIONSECTOR AND IS PROUDTO UNVEIL ITS NINTHPROPERTY DEVELOPMENT.

WESTGATE NEWCASTLE

00A Select Property Group Brand

01

Select Property Group’s Vita Student

brand is the only student

accommodation provider to associate

yield generation to end-user

experience. From the conception to

the completion of a property and

then ongoing through the

management of the building, Vita

Student is fully dedicated to

designing, developing and delivering

the very finest student residences in

the UK. This unique investment

opportunity is now coming to

Newcastle.

This brochure will take investors

through the Newcastle landscape,

welcome them to Vita Student at

Westgate and then detail the student

accommodation industry’s most

credible investment.

LOCATION HIGHLIGHTS

INVESTMENT HIGHLIGHTS

Newcastle was promoted to the top tier of Savills’ student accommodation investment rankings in 2014

One of the largest supply-demand gaps in the UK, with one bed to every five students

Local annual rental increases of 6% for luxury student accommodation in 2013

Knight Frank identified Newcastle to have the second highest rental premium in the UK

Vita Student investors earn contractually assured returns of at least 7% per annum

Investor funds paid into a secure escrow account

Additional returns of 4.5% per annum between completion and tenancy

Vita Student at Westgate iscentrally located in the heartof Newcastle city centre.

A UNIQUEBRAND IN STUDENTACCOMMODATION

0302

Vita Student at Westgate, Newcastle | Select Property Group Vita Student at Westgate, Newcastle | Select Property Group

THE VITA STUDENT IDEOLOGYHAS BEEN EXTREMELY WELL RECEIVEDBY BOTH INVESTORS AND STUDENTS.

Across its eight existing developments,

it has a track record of providing

investors with an effortless, fully

managed property investment that

offers contractually assured returns,

while supplying assets in some of the

UK’s most coveted urban locations.

Vita Student at Westgate, Newcastle is

the brand’s ninth launch and follows the

successful strategy that produced

sell-out success at its first eight

developments across the elite Russell

Group cities of Liverpool, Manchester,

Bristol, Exeter, Southampton and

Sheffield.

This student-focused ethos has sold

more than 1,300 properties in these

prime university cities. This is because

Vita Student’s research not only isolates

the most appealing university cities, but

pinpoints exact locations within these

internationally recognised cities.

Consequently, Vita Student can offer

the investor a credible package of

cutting-edge properties and assured

yields. It has an established and

proven history of delivering sold-out

investments, full occupancy rates

and contractually assured yields of

at least 7%.

Vita Student at The Chapel in Liverpool

was the first development to welcome

students in 2013 and has been 100%

occupied ever since. The 2014/15

academic year will see the next five

developments open their doors and

with the promise of Vita Student in

Newcastle to come, the success is set

to continue.

VITA STUDENT CAN OFFER THE INVESTORA CREDIBLE PACKAGE OF CUTTING–EDGEPROPERTIES AND ASSURED YIELDSRUSSELL GROUP UNIVERSITIES

1. Unive

rsity

of Birm

ingham

2. Universi

ty of B

risto

l

3. Unive

rsity

of Cam

bridge

4. Card

iff Unive

rsity

5. Durh

am U

niversi

ty

6. Unive

rsity

of Edinburg

h

7. Universi

ty of E

xeter

8. Unive

rsity

of Glas

gow

9. Imperia

l Colle

ge London

10. King's C

ollege Lo

ndon

11. Unive

rsity

of Leeds

13. London Sc

hool of E

conom

ics & Politi

cal S

cience

14. Universi

ty of M

anchester

12. Universi

ty of L

iverpool

15. Newcastl

e University

16. Unive

rsity

of Notti

ngham

17. Unive

rsity

of Oxfo

rd

18. Queen M

ary, U

niversi

ty of L

ondon

19. Queen's U

niversi

ty Belfa

st

21. Universi

ty of S

outhampto

n

20. Universi

ty of S

he�eld

22. Unive

rsity

College Lo

ndon

23. Unive

rsity

of Warw

ick

24. Universi

ty of Y

ork

19

8 6

5

15

24

1412

20

1

16

11

23

4 2

21

7

3

9 18

10

17

13

0504


Vita Student Newcastle

Vita Student York

Vita Student Liverpool

Vita Student Manchester

Vita Student Sheffield

Vita Student Bristol

Vita Student Exeter

Vita Student Southampton

Times Higher Education survey and WhatUni have ranked Newcastle’s student life among the UK’s best

In 2014, Guardian/Observer readers named Newcastle a ‘UK top 5 favourite city’ in the publications’ Travel Awards

Overall satisfaction of international students stands at 90%, while 86% of international students would recommend Newcastle University to friends

Grey Street in Newcastle city centre voted best overall street in the UK by BBC Radio 4

Seventh largest urban area in the UK

Tripadvisor Travellers’ Choice Destination Awards stated Newcastle has the seventh best nightlife in the world

Newcastle hosts many multicultural events including the music and art-focused Mela festival

LOCATIONNEWCASTLEUPON TYNE

NORTH–EAST ENGLAND

QUICK FACTS ON NEWCASTLE UPON TYNE

0706


Tyne Bridge

The Angel of The North

Newcastle United F.C.The Sage Gateshead

Supply and demand

Newcastle has one of the biggest demand-to-supply ratios in the UK, with four out of five students looking for purpose-built accommodation.

In Newcastle there are two prominent universities. The Russell Group Newcastle University and the region’s largest university Northumbria University attract over 50,000 students between them due to their internationally renowned reputations.

Among these, 40,000 students do not have access to purpose-built student accommodation (PBSA).

With a shortfall on this scale, the potential for investment is very apparent. Savills has very recently elevated Newcastle into its first tier of student property investment opportunities in the UK. It was one of a few select cities to show any upward movement in this definitive ranking of 50 cities. This means that Savills believes student accommodation in Newcastle is one of the best investments the UK can currently offer.

High premiums forhigh-spec property

In less than ten years, international student numbers in Newcastle have increased by 30% and the city now welcomes 9,000 overseas students every year.

The house of multiple occupancy (HMO) stock that is plugging Newcastle’s supply gap is just not appealing to the evolving needs of an increasingly international student base. In fact, Knight Frank identified the city to have the second highest PBSA premium in the whole of the UK, with students more than ready to pay up to 75% more for PBSA than HMOs.

Rising rents

In the last 12 months, Newcastle hasseen a 6% rental increase across studio stock and the largest apartments now command an average rate of £185 per week.

This shows new investments need to be high end and appealing to a student market that is willing to pay.

However, even the existing properties that are exhibiting this significant rental growth fail to completely align with the demanding needs of the student base and this is resulting in an identifiable gap in the market.

For further explanation into the opportune investment potential Newcastle student accommodation offers, see the Newcastle Research Document.

VITASTUDENT INNEWCASTLE

Newcastle was promoted to the top tier of Savills’ student accommodation investment rankings in 2014

IN THE LAST12 MONTHS, NEWCASTLE HASSEEN A 6% RENTAL INCREASE ACROSS STUDIO STOCK AND THE LARGEST APARTMENTS NOW COMMAND AN AVERAGE RATE OF£185 PER WEEK.

0908


This is the location of the vast majority of student accommodation. Student housing in this area is some of the oldest in the city and not appealing to modern international students. Security is a prime student concern and tenants in this area are required to navigate busy roads and dark underpasses to walk into university.

This area houses some of the newer PBSA in Newcastle. The quality of accommodation is higher than older HMO stock and as a result, it easily commands higher rental premiums. Student accommodation here is highly sought after due to the scale of demand in Newcastle.

This is the prime location, providing the growing international student market with the exact accommodation opportunity it wants. Vita Student assessed the existing accommodation locales and aimed to bridge the gap between a desire for city centre living and campus proximity. In scouting, designing, furnishing and managing its own residencies, Vita Student fulfils the needs of the local market and simultaneously breaks the city’s ceiling in terms of quality and community, acting as a highly visible rallying point for the new generation of student in Newcastle.

The flagship location of this investment - within sight of the train station and a short walk along the UK’s most attractive streets to university and the city centre - has the potential to dominate the student accommodation landscape in the city, revolutionising what the market expects and unmistakably supplying the demand for high-quality PBSA.

This in-depth assessment of the existing student accommodation landscape graphically demonstrates the prime location and the standing in the existing market that the Vita Student product commands. It will have an undeniable pull on a student population that has been in need of this level of development and investors can rest assured their property will always be in demand.

Map Key

Vita Student at Westgate

Newcastle University

University of Northumbria

Newcastle Central Station

Eldon Square Shopping Centre

Newcastle United Football Club

Northumbria Business School

Tyne Bridge

Chinatown

VITASTUDENT’SGAP IN THEMARKET

1

2

2

1

3

3

A

1110


B

C

D

E

F

G

H

I

A

D

B

E

I

C

FG

H

Representsapproximately4 minute walk

1312


VITA STUDENTAT WESTGATENEWCASTLE

Vita Student puts the student at the heart of everything it does. This is illustrated by the standard of accommodation it delivers.

Vita Student at Westgate, Newcastle is not only situated in the ideal location, it is the perfect place to study and live. Its quality is immediately felt.

Central to an impressive urban vista within a few minutes’ walk from the £8.6 million refurbished Newcastle station, the development is a beautiful structure. Ornate double-length windows reflect a welcoming scene and hint at the grandeur beyond. Exterior seating from local bars and food outlets provide an accommodating approach, while the façade of the building perfectly blends modern style with the local character.

Each of the individual 259 properties has been architecturally designed and expertly furnished. Self-contained studios – ranging from 19 sq m to 39 sq m in size – come complete with a quality fitted kitchen and top-spec, en-suite shower room.

The accommodation will be easily identifiable as the best in the city as students will be supplied with the sought-after sanctuary that has previously only been associated withthe finest hotel brands.

THE BEST STUDENTACCOMMODATIONIN NEWCASTLE

Putting studentsat the heart of

everythingwe do.

1514


SEVEN FLOORS OFACCOMMODATIONOFFER THE VERY HIGHEST STANDARDOF STUDENT LIVING INNEWCASTLE

Architecturally designed and expertly furnished, the accommodation will be easily identifiable as the best in the city.

1716


1918


STUDENTS WILL BE SUPPLIED WITH THE SOUGHT-AFTER SANCTUARY THAT HAS PREVIOUSLY ONLY BEEN ASSOCIATED WITHTHE FINEST HOTEL BRANDS.

STUDIOROOMOVERVIEW

OVERVIEW: STANDARD VITA STUDENT ROOM

1. Spacious entrance with key fob security door

2. High–quality shower and WC room

3. Double bed with base storage. Fitted gloss cabinetry, shelves and wardrobes

4. Fitted kitchen with refridgerator, microwave/oven, hob, extractor hood, sink and mixer tap

5. Dining table and study desk combination

6. 32” smart wall mounted TV plus 100Mb wireless broadband

1

2

3

4

5

6

2120


Standard Studio 19.0 sq m

Ground

First

Second

Third

Fourth

Fifth

Sixth

Seventh

2 Bedroom 39.4 sq mDouble Occupancy/Accessible Studio 30.1 sq m

St. John Street ElevationPudding Chare ElevationWestgate Road Elevation

1 2 3

WESTGATEELEVATION & FLOORPLANS

2322


2524


Refuse St.RefuseHoistfromLG

Reception

Ramppm

Ramp

Service

O�ce

Substation

Escape

Substation

Escape

lift

AOVAAOOVVAOVAOV

Lift Lift

AOV

Floorplan Overview

1. Lower Ground Floor Leading to student social hub

and large outdoor courtyard

2. Ground Floor Main reception leading to all

studios and apartments, plus access

to student social hub

3. First Floor Typical layout for building’s studios

and apartments on floors 1 to 6

Cycle storeRefuse

Hoist

Plant Plant

St. John Street St. John Street

Studenthub space380 sq m

Entrance

O�ce Reception

Lift Lift

Comms

Lift Lift

1 2

3

Westgate Road Westgate Road

Retail space

Pudding Chare Lane

Pudding Chare Lane

St. John Street

Westgate Road

Pudding Chare Lane

Studentoutdoor

courtyard

2726


Vita Student’s unique, all-encompassing approach to student accommodation provision recognises the need for a memorable communal experience. It is what students want from their yearsof study.

The community hub in Newcastle is the culmination of Vita Student’s expertise. The state-of-the-art indoor-outdoor area will be the heartbeat of the building.

The area functions as a highly visible communal meeting area within the building. Here, students can use the shared seating to work or relax in a unique atmosphere.

Located behind the main reception, the exquisite tiered expanse not only provides a communal focal point, but leads to an unrivalled set of amenities including Skype rooms, cinemas, a gym, dining room, sports facilities and lounges with a full range of subscription TV channels.

VITA STUDENT COMMUNITY ATWESTGATE

Putting studentsat the heart of

everythingwe do.

STUDENTS ARE OFFERED

A prime location, minutes’ walk from the city centre and both universities

A weekly cleaning service

Full furnishings pack

Free use of communal hub facilities

A market-leading university experience that is fostered by the sector’s best management team and unrivalled community facilities

The highest standard of student living in Newcastle in one of the best new property developments in the whole city

A kitchen that features solid-surface worktops, fully integrated appliances including fridge, combination microwave oven, electric hob and extractor hood

An en-suite shower room with boutique styling including porcelain tiles and designer fittings

Free high-speed 100Mb broadband anda wall-hung flatscreen smart TV

Secure entrance door with key fob access

The prestige associated with living in a Vita Student building

A luxury property in the most desirable student developmentin one of the UK’s premier university cities

Full occupancy rates that deliver contractually assured returns

An effortless, fully managed investment

A future-proof investment. The building is cutting edge in its conception and its high-spec finish and unmatched communal areas ensure both rebookings and future referrals

THE CLEAR CORRELATION BETWEEN STUDENTEXPERIENCE AND INVESTMENT POTENTIALASSURES VITA STUDENT INVESTORS OF:

AN EFFORTLESS INVESTMENT – BUT WHO IS DRIVING INVESTOR YIELDS?

The Vita Student at Westgate, Newcastle development is an unrivalled investment opportunity

The Vita Student at Westgate, Newcastle investment will be the definitive opportunity in the UK’s student market. Newcastle has been identified by experts as the prime location for student property in the UK. Vita Student’s location is the best in the city. The development is furnished and finished to a standard dictated by end user needs.

As Vita Student is the only accommodation provider in the city to have unparalleled control from the conception to the completion of a building, it offers investors assurance at every level. This revolutionary proactive approach has led to the creation of the brand’s own market-leading accommodation management team, Vita Student Management.

This handpicked team encompasses decades of student accommodation, hospitality and service industry experience. It is a highly end user-focused unit that has overseen the management of tens of thousands of student beds, while occupying prominent customer-facing positions in some of the UK’s largest service-orientated companies. Consequently, Vita Student has constructed a management package that is unique in the industry and another example of its commitmentto students.

Most student buildings employ one part-time cleaner for a building of 150-250 units, Vita Student will employ �ve cleaners per building. This is a key driver for international students and also ensures investors’ properties are kept in prime condition.

Vita Student at Westgate will o�er contents insurance for the students’ belongings from £5,000 to £7,000 – all of which students receive free of charge.

Every week, the Vita Student at Westgate residence manager holds meetings with residents who want to discuss any aspect of the running of the building

From an investment perspective, this level of service is imperative and unique among student accommodation providers. This management team is commercially incentivised to maximise the student experience, safeguard occupancy rates and drive yield returns.

Vita Student’s market-leading quality significantly adds to the strength of the investment. Returns are assured in the long term by the creation of a product that will only become more appealing to the modern student as brand loyalty is crucial to reputation, retention rates and referrals.

Investors are eager to buy into this pioneering approach, assured in the knowledge they will have a lovingly crafted, premium asset situated in hand-picked, sought-after locations that ultimately offers them the most credible returns in the sector.

For more information on Vita Student see the Vita Student Story.

THEINVESTMENT

2928


VITA STUDENT OFFERS A FULLY MANAGED INVESTMENTWITH A MINIMUM RENTAL RETURN OF 7% NET FOR FIVE YEARS.

How the e�ortless investment works

Below are three ROI tables. These are illustrations of the projected returns over the next five years based on an example property price of £93,774. Each table shows credible capital appreciation and the returns investors can expect across three different market conditions.

THE RETURNON INVESTMENT

Conservative Price Capital appreciation Rental yield Rental incomeOn Purchase £93,774.00 N/A

Completion 8% 4.50% (pa) £2,109.92

Sept 2016 (Year 1) £101,275.92 2 7 £6,564.18

Sept 2017 (Year 2) £103,301.44 2 7 £6,564.18

Sept 2018 (Year 3) £105,367.47 2 7 £6,564.18

Sept 2019 (Year 4) £107,474.82 2 7 £6,564.18

Sept 2020 (Year 5) £109,624.31 2 7 £6,564.18

Total appreciation £15,850.31

Total rental £34,930.82

Total return £50,781.13

ROI 54.2%

Predicted Price Capital appreciation Rental yield Rental incomeOn Purchase £93,774.00 N/A

Completion 10% 4.50% (pa) £2,109.92

Sept 2016 (Year 1) £103,151.40 4 7 £6,564.18

Sept 2017 (Year 2) £107,277.46 4 7 £6,564.18

Sept 2018 (Year 3) £111,568.55 4 7 £6,564.18

Sept 2019 (Year 4) £116,031.30 4 7 £6,564.18

Sept 2020 (Year 5) £120,672.55 4 7 £6,564.18


Total rental £34,930.82


ROI 65.9%

Positive Price Capital appreciation Rental yield Rental incomeOn Purchase £93,774.00 N/A

Completion 12% 4.50% (pa) £2,109.92

Sept 2016 (Year 1) £105,026.88 6 7 £6,564.18

Sept 2017 (Year 2) £111,328.49 6 7 £6,564.18

Sept 2018 (Year 3) £118,008.20 6 7 £6,564.18

Sept 2019 (Year 4) £125,088.69 6 7 £6,564.18

Sept 2020 (Year 5) £132,594.02 6 7 £6,564.18


Total Rent £34,930.82


ROI 78.6%

Capital appreciation

In each of the three tables the capital appreciation prediction before completion is based on the returns seen by existing Vita Student investors. Over the course of the previous developments, investors that have resold their property with Select Property Group have achieved between 8% and 15% capital appreciation between the time of purchase and the time they resold at completion.

The capital appreciation after completion is based on Savills’ latest prediction. The group suggested student property can expect a capital appreciation rise of 6.3% in its Spotlight UK Student Housing report 2013. None of these ROI tables exceed this prediction.

4.5% rental income on completion

During the period initially between completion and tenancy at the start of the academic year, investors will receive immediate returns of an annualised, above bank rate, 4.5%. Vita Student Management is incentivised to achieve over performance on rental yields. As the development will complete six months prior to the academic year starting, they will work hard to maximise on the development’s potential by taking advantage of summer lets. This has secured a annualised 4.5% return for the period between completion and September 2016.

Management costs* (shared) including service charge:** £2,376

Ground rent: £495

Total estimated expenses: £2,871

Weekly rent (example): £185

Number of weeks: 51

Gross annual income: £9,435

Net annual income: £6,564

Net yield: 7.0%***

ESTIMATE BASED ON AN EXAMPLE PROPERTY PRICE OF £93,774

*General costs include all sta�, maintenance and operational running costs, as well as the management company's fee.

**Service charge is the individual contribution towards managing the estate and keeping the building structure and common amenities in a good state of repair, paid annually by all owners under their lease.

***Any net rental income above the 7% assured yield in the �rst �ve years will be allocated and paid at the end of the �ve-year assured rental period.

HOW YOUR YIELDIS CALCULATED

3130


Payment planFull balance is not required until 2016

£5,000 reservation deposit

25% paid at exchange of contracts

25% paid in June 2015

Balance paid in March 2016

INVESTMENT TIMELINE

Now: Reservation completed and £5,000 deposit paid

Solicitors instructed and contracts issued

First instalment of 25% due

Exchange of contracts

Construction of Vita Student at Westgate commences

June 2015Second instalment of 25% due

September 2015Vita Student Management actively start marketing Vita

Student at Westgate for the following academic year

March 2016Completion of Vita Student at Westgate

Lease granted and leaseback commences

4.5% annualised rental return begins

September 2016Academic year begins and tenants move in

Start of five-year annualised minimum 7% net rental

returns period begins

December 2016First termly instalment of assured rental return is paid

3332


Unique to the £200 billion student accommodation sector, aligning the student experience to investor returns has been instrumental in securing the sale of 1,350 Vita Student residences and delivering a 100% occupancy rate to date.

In September 2014, five new Vita Student residences will be opening their doors, with a further 1,260 properties in Sheffield, Newcastle and York opening in 2015/2016.

A global reputation

With investors in over 100 countries Select Property Group has already established a strong reputation across multiple continents. The Group is supported by offices in Manchester, London and Dubai and has more recently opened offices in Singapore and Canada to handle the growing number of enquiries being fielded from Asia and North America.

The executive team

Select Property Group benefits froma confident, committed and powerful management team that has immense experience across commerce, retail, hospitality and development.


Select Property Group is the UK’s largest retailer of investment property. With more than 9,000 properties sold in over 100 countries, the Group has a well-earned reputation of delivering successful investments in both emerging markets and also through the identification of niche opportunities in more established markets.

With over ten years’ experience, the Group’s success is built on a clear vision to develop market–leading brands that are instantly recognisable and cannot be replicated. Underpinning each brand is an unswerving commitment to the end customer, delivering products which are relevant, authentic, and different.

By adopting this approach the Group guarantees occupancy levels in its properties, thereby driving the yield and value of its investments.

A revolutionary approach

Unlike a typical property investment company, which sources products to sell but does not get involved in the development or management of the product, Select Property Group controls every component of the investment.

From the initial identification of the opportunity, all facets of the Group work to provide the customer with the property they desire. The perfect location is sourced. A building is designed and furnished to accommodate every aspect of the customer’s lifestyle, and a management company is recruited in-house to safeguard long-term care and high levels of service.

This total control of the process not only ensures Select Property Group goes to market with brands that are industry leading but, crucially, they are able to maintain this market advantage since brands can be evolved with relative ease to encompass changing customer requirements and market dynamics.

Market–leading brands –Vita Student

Putting students firmly at the heart of everything it does, Vita Student delivers an unrivalled living experience which includes a level of customer service that has never before been offered to the student market.

Mark StottChief Executive Officer

The team is driven by CEO and founder, Mark Stott, who has successfully led the company since its inception in 2004. Through his strong leadership and clear vision, Select Property Group continues to effectively position itself at the forefront of the market. His commitment to the customer is mirrored only by that of his loyalty to his employees, both of which have led to him being recognised as a prominent entrepreneur in the UK and Select Property Group being named in the top ten of The Sunday Times Best Companies to Work For in 2009.

Trevor MooreChief Operating Officer

As COO, Trevor is responsible for developing and implementing the company’s commercial and operational priorities and driving its growth. He is an experienced board director having spent 20 years in a mixture of privately-owned, private equity-owned and PLC businesses. Trevor has worked with a number of leading consumer-facing brands, including Whitbread, Coffee Republic and Phones4U.In 2009, Trevor was appointed as CEO of Jessops plc and restructured the finances and operations to restore the business to profit over a three-year period. In 2013, he became CEO of HMV, working with a syndicate of eight banks and performing a strategic review that determined the future of the business.

Mark OakesChief Commercial Officer

As CCO, Mark brings the operational strength to ensure Select Property Group delivers its objectives via the implementation of industry leading processes and systems. Mark has enjoyed a successful career in both operation and IT leadership positions at companies including BSkyB, Barclays and Phones4U. Prior to joining Select Property Group, Mark spent three years as the Group Head of IT for William Hill Group PLC, the UK’s leading gambling and gaming company.

Michael SlaterChief Finance Officer

Michael joined Select Property Group in 2014 and has overall responsibility for the finance and accounting matters of the company.He is a chartered accountant and recent positions include European Finance Director at Gen-Probe and Group Finance Director of AIM-listed Tepnel Life Sciences during a period of high organic and acquisitive growth, which culminated in a successful trade sale exit. Prior to this, he was a Senior Manager with KPMG, responsible for assurance, advisory and transaction services projects for a wide range of listed and private companies.

Chris OakesChief Development Officer

Chris is the founder of Huntsmere, one of the UK’s leading luxury residential developers, with a track record for designing and building some of the finest properties in the most sought-after locations in the north-west of England. Since Huntsmere Limited was launched in 2003 the company has grown rapidly and will deliver ten large residences with a combined value of nearly £50 million in 2015.

Angus MonroChairman

With a career spanning over 40 years in corporate, commercial and retail positions, Angus Monro, the former Chief Executive of Instore and Matalan, has a wealth of strategic experience to support Select Property Group’s plans for significant growth.Angus is a well-known figure in the retail sector, having worked with some of the UK’s major retail corporations, including Marks & Spencer, Dorothy Perkins, B&Q and Woolworths. He is widely regarded as one of the UK’s most experienced retailers and has been involved with Select Property Group since 2010. As well as his role as Chairman of Select Property Group, he is a Non-Executive Director of online retailer The Hut Group.

SelectPropertyGroup

WESTGATE NEWCASTLEWESTGATE NEWCASTLEA Select Property Group Brand

A city centre property investment in Newcastle upon Tyne

A Select Property Group Brand

SelectPropertyGroup

selectproperty.com

Offices in Manchester, London, Dubai, Singapore and Toronto

Contact

T +44 (0) 207 123 4000

F +44 (0) 161 332 7718

E [email protected]


The Box, Horseshoe Lane

Alderley Edge, Cheshire

SK9 7QP United Kingdom

Please note that the information that we distribute isproduced with great care and believed to be correct at thetime of printing to the best of our knowledge. Pictures,layouts and other details in this brochure are given as ageneral guide and may change from time to time inaccordance with the final designs of the development andappropriate planning permissions. We endeavour to ensurethat any market forecasts we provide are accurate and wellresearched at all times, however we cannot ultimatelywarrant the accuracy of that information and cannot be heldliable for any reliance you may make of or put on it except asspecifically agreed with us in any further agreement we maymake with you in writing.

Agents Details

Documents

Westgate brochure whitelabel