Katherine Croom

Managing Director - Sorbon Estates at Sorbon Estates
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Contact Information
us****@****om
(386) 825-5501
Location
London, England, United Kingdom, UK
Languages
  • English -

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Bio

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Experience

    • United Kingdom
    • Leasing Non-residential Real Estate
    • 1 - 100 Employee
    • Managing Director - Sorbon Estates
      • May 2021 - Present

      As the Managing Director of Sorbon Estates, I hold the responsibility of steering the strategic direction and managing the day-to-day operations of our leading property investment and development company. Our extensive portfolio comprises of diverse office and business spaces located across the vibrant South East of England, and my team and I are dedicated to assisting businesses in finding their perfect space and facilitating the process of securing a lease, moving in, and settling down. With a proven track record of senior positions held at several commercial property companies, I have honed my expertise in asset management, leasing, and investment sales. My strategic thinking, coupled with the ability to navigate complex transactions and commitment to delivering results for my clients, has earned me a strong reputation in the industry. At Sorbon Estates, we are passionate about the property industry, and we continually seek opportunities to connect and create long-lasting relationships with our clients. We are dedicated to providing unparalleled service to ensure that businesses find the perfect space that meets their unique needs, and we guide them through every step of the process. Show less

    • United Kingdom
    • Real Estate
    • 1 - 100 Employee
    • Head of Asset and Property Management
      • Oct 2015 - May 2021

      I was the Head of Asset and Property Management at Edinburgh House Estates. As Head of Asset Management I am responsible for devising strategy and delivering value-add initiatives through leasing and development together with the Senior Asset Managers in the team. As the Head of Property Management I am responsible for a team of property managers and onsite staff who ensure the day to day running of the assets are kept to the highest standard. I was the Head of Asset and Property Management at Edinburgh House Estates. As Head of Asset Management I am responsible for devising strategy and delivering value-add initiatives through leasing and development together with the Senior Asset Managers in the team. As the Head of Property Management I am responsible for a team of property managers and onsite staff who ensure the day to day running of the assets are kept to the highest standard.

    • United Kingdom
    • Real Estate
    • 1 - 100 Employee
    • Senior Asset Manager
      • Oct 2012 - Sep 2015

      Responsible for the asset and property management of the company’s 7 retail assets. Comprising 6 shopping centres and 2 high street retail blocks and includes 35 residential units. My main duties include: • Letting vacant space, agreeing lease renewals/regears and rent reviews both directly and through the management of external leasing/professional agents. • Identifying and implementing value enhancing initiatives which have included a residential conversion of a vacant office block, refurbishment and rebranding of malls, change of Use applications to improve tenant mix and re-gearing headleases. • Managing relationships with key stakeholders including planning authorities, councillors, politicians, neighbouring landowners and superior landlords. • Negotiating with owners, local authorities and superior landlords to acquire adjacent land or property. This has included a central mall, a multi-storey car park and a long-leasehold pub. • Managing development projects from inception through to delivery, including Stopping Up of highways (I recently obtained planning permission for 47 residential units, a Costa Coffee mall unit and I have recently completed the Stopping Up process at two sites). • Property management function is run in-house; I have responsibility for all aspects including arrears management, service charge budgeting, management, disputes and reconciliations, tenant applications, health and safety, commercialisation income, rates mitigation and management of centre staff. • Management of dilapidation claims. • Due diligence on shopping centre acquisitions. • Assisting Head of Asset Management to set up Praxis Facilitates Management (Q1 2014) bringing all onsite staff in-house. • Compilation of annual Business Plans including NOI projections, Capital Expenditure budgets and strategic plans for each property in the portfolio. Show less

    • United Kingdom
    • Financial Services
    • 700 & Above Employee
    • Senior Portfolio Manager
      • Nov 2008 - Oct 2012

      My role at Henderson comprised of two separate roles; overseeing the asset management function for the European Shopping Centre Fund (comprised of twenty-one assets, in nine different countries) and asset manager for Henderson’s Swedish assets. • Portfolio management of all the Swedish assets held within the Henderson Funds. • Together with the Investment Director of Property (Nordics), sourcing and acquiring new investment opportunities and undertaking due diligence. • Compiling business plans for the new acquisitions, highlighting areas to enhance value. • Developing the asset management strategy across the portfolio and ensuring this was implemented at country level. • Compilation of annual Business Plans including NOI projections, Capital Expenditure budgets and strategic plans for each property in the portfolio. • Management of 3rd party consultants including leasing agents, lawyers, architects, technical consultants and property managers. • Monitoring Asset Managers at country level to ensure asset management targets are being met. • Setting up the asset management team after purchase of new assets. • Directly managing a mixed retail scheme in Sweden, whilst assisting the Development Director to progress an 800,0000 sq ft development project on the site. • Increasing income, footfall and retail sales through refurbishment projects, leasing initiatives and marketing & event programmes and adding commercialisation income. • Attending quarterly investor and valuation meetings and compiling reports. • Member of Responsible Property Investment (RPI) steering committee. Show less

    • United States
    • Real Estate
    • 700 & Above Employee
      • May 2006 - Nov 2008

      The Shopping Centre Development and Leasing team provided advice to the private sector, predominantly on UK schemes. The role was varied covering the following areas:• Advising Clients on large, mixed use shopping centre schemes, at different stages of the development process, to maximise the value of their project.• Conducting appraisals of viability and profitability through excel cash flow models.• Providing design advice to ensure the demands of retailers are met to enhance performance of the scheme through maximising income and tenant mix.• Preparation of feasibility studies for Clients and assistance with their board reports. • Undertaking site assembly strategies and cost estimates for large mixed use scheme.• Assisting in negotiations with Local Authorities. • Schemes I have been involved with include: Eastgate, Leeds (Hammerson); West Quay III, Southampton (Hammerson); Bridgefield, Stockport (Lend Lease); The Merrion Centre, Leeds (TCS). Show less

      • May 2005 - May 2006

    • United Kingdom
    • Real Estate
    • 200 - 300 Employee
    • Property Research Assistant
      • Sep 2004 - May 2005

Education

  • London South Bank University
    Post Graduate Diploma, Real Estate
    2005 - 2006
  • University of Nottingham
    Geography BA Hons, 2:1
    2000 - 2003
  • Bromsgrove School
    A-Levels - History (A), Geography (A), Economics (A), Politics (B) , Business Studies (B)
    1990 - 2000

Community

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