Ian Woodisse MRICS
Senior Asset Manager at Primary Health Properties PLC (PHP)- Claim this Profile
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Bio
Credentials
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MRICS - Chartered Surveyor in General Practice (7 years).
RICSMay, 2009- Nov, 2024
Experience
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Primary Health Properties PLC (PHP)
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United Kingdom
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Real Estate
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1 - 100 Employee
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Senior Asset Manager
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Oct 2016 - Present
* Agreed the renewal of multiple GP surgery leases, currently on-site in Rugby and Rochdale.At Rugby, I agreed a new 25-year lease with an uplift of £16k p.a. (increasing the passing rent to £165k p.a. / £190sqm), enhancing the capital value from £2.16m to £3.61m. In exchange, I am building the practice a 52sqm extension (currently 760sqm) to add 2-new consulting rooms to the ground floor, along with a further 5-additional consulting rooms through internal reconfiguration. The contract sum is £700k with a project duration of 7-months, all delivered without closing the surgery. PC is expected in March 23.* At Rochdale, I agreed a new 25-year lease with an uplift of £32k p.a. (increasing the passing rent to £158.5k p.a. / £195 sqm), enhancing the capital value from £3.19m to £4.46m. In exchange, I am building a 144 sqm extension to add 3-new consulting rooms to the ground floor, with a new meeting room and office above. The contract sum is £865k with a project duration of 8-months, all delivered without closing the surgery. I am currently on-site, with PC expected in March 23.* I also completed the refurbishment of an 825sqm primary care centre in Wakefield, where I agreed a new 25-year lease in exchange for a full refurbishment of the premises, at a capital cost of £780k, increasing the valuation from £2.18m to £3.4m.* I completed a 215sqm extension of an 820sqm primary care centre in Pudsey, near Leeds. I agreed a new 20-year lease, increasing the rent by £44k, which enhanced the capital value from £2.6m to £4.1m (against a total development cost of £1m).* I delivered a 40sqm extension to a pharmacy in Shoreham-on-Sea. Works value £300k. Valuation uplift £450k.* I am looking to conclude 3-value enhancing initiatives (exchange an Agreement for Lease) in Q4 of 2022 to refurbish and or extend premises in Heaton, Ossett, Wood Green and Cobham. I am also working on a pipeline of another 10-15 premises where I am in active discussions.
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Workspace Group
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United Kingdom
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Real Estate
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200 - 300 Employee
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Portfolio Manager
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Nov 2012 - Aug 2016
* Responsible for the day-today asset management of 15 Business Centre’s in London with a rent role of £30.7m p.a. and a combined service charge of £9 million p.a.* Exceeded rent and occupancy targets across my portfolio (central London and London fringe locations) (target £30.7m rent role / 90% occupancy achieved £31.75m / 94% occupancy).* Led a high performing team of nine Centre Managers to deliver a first class tenant service, conduct high-quality tenant viewings monitored via customer surveys, annual rent and occupancy targets, whilst adhering to corporate and legal requirements.* Involved in due diligence and the preparation for sale of Lombard Business Centre. Managed tenant expectations throughout the planning process and disposal, maintaining occupancy above 70% right up to vacant possession.* Drove a programme of internal refurbishment, set pricing and marketing of two dilapidated buildings (Park Royal and Acton Business Centre) increasing occupancy from 65% to 91% at Park Royal and fully let Acton Business Centre.* Directed the reconfiguration and refurbishment of office and light industrial units to meet demand.* Increased rental income and enhanced asset value through the identification and conversion of under-utilised space within the building (converting end of corridors into lettable floor space).
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JLL
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United States
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Real Estate
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700 & Above Employee
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Senior Surveyor, Property Management
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May 2007 - Nov 2012
* Managed trophy assets in Central London, including No. 1 Embankment Place, Mid-City-Place and Victoria House comprising 1.2m sq. ft. of prime office with retail.* Worked with PWC during a major refurbishment of No.1 Embankment. Kept sections of the building fully operational throughout the works which included a full lift replacement, all internal lighting, heating and cooling systems in a 450,000 sq. ft. building suspended over Charing Cross Station.* Personally, set and managed annual service charge budgets in excess of £10 million pa; responsible for resolving tenant queries; personally, directed credit control and recovery of rents in excess of £35 million pa.* Delivered a £1 million refurbishment of the common area reception, toilets and lifts at Mid-City Place and managed tenant expectations during the fit-out works.
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intu
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United Kingdom
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Real Estate
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100 - 200 Employee
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Assistant Property Manager – Lakeside Shopping Centre
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Jul 2006 - May 2007
* Worked within the Asset Management team. Part of a team of three managing Lakeside Shopping Centre (valued at circa £1.3billion).* Responsible for the preparation of Heads of Terms, Board Approvals and the organisation of Rent Reviews.* Management of tenant direct charges and recovery.* Management of landlord and tenant databases and property management systems.* Managed production of reports.* Liaised with professional advisors and tenants on a day-to-day basis.* Personally managed £400,000 pa of rental income.* Responsible for briefing shop-fit consultants, managing budgets and approving shop-fit proposals.
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Education
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The University of Manchester
Bachelor of Arts, Modern History & Economics -
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London South Bank University
Masters in Estate Management, Merit (66%)
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