Vail Williams was appointed by global brewing company, Molson Coors, to provide strategic property advice as part of a 3-year Framework agreement spanning the organisation’s operations in the UK and Ireland.
Over the course of the agreement, we assisted this large manufacturer to rationalise its multi-site industrial property portfolio, and make best use of its property assets, realising over £56 million in surplus assets.
How we helped
Worked with third party advisers and stakeholders, including Local Authorities and the Environment Agency, in relation to varied portfolio, including breweries, industrial units and offices, to water courses, boreholes and reservoirs.
Advised on disposal of surplus property, and acquisition of new property, to consolidate functions.
Assisted with lease renewals, planned maintenance, dilapidations and property management – both for Molson Coors as the occupier, and for its let properties.
Completed significant sale and leaseback of the firm’s national 450,000 sq ft distribution centre, realising over £34 million.
Sold two sites in Hampshire for residential development.
Marketed former brewery site in Burton-on-Trent for mixed use redevelopment, having also secured the acquisition of a new industrial property in the same area.
Worked alongside individual sites, undertaking rent reviews and lease renewals, including units in Belfast.
Helped reduce financial liabilities through effective property and treasury management.
Provided dilapidations and planned maintenance advice.
Understood complexities of client’s business objectives and provided solutions to meet their needs across their wide-ranging portfolio.
Built long term relationships and developed in-depth understanding of future growth plans.
Enabled us to rationalise and consolidate the property portfolio to achieve the best possible financial outcomes.
When you appoint a property adviser, you expect the advice you will get to be factually correct and to achieve a positive outcome. However, when you appoint a team of advisers like Vail Williams, what you get is so much more. Their ability to draw upon expertise from across a broad range of disciplines, coupled with their desire to get under the skin of your business, helps them to achieve a level of service which surpasses expectations.”
Stephen Vagg, Director of European Real Estate and Facilities at Molson Coors.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.