Salmon completes Management Buy Out
Salmon Developments Limited have today, 9 December, 2019 entered a new era with the
Award winning asset & fund managers
Between 2007 & 2019 Salmon acted as fund manager for a major UK institution, operating a value-add fund with a discretionary mandate across £193m+ of assets.
2012 – 2018:
An annual return of 18.3% was achieved
The fund outperformed IPD Annual Index by an average of 10%
Our History
1989
Incorporation
Salmon Developments is set up as a privately-owned development company.
1994
Joint Venture Formed (SHP)
Salmon Harvester is established as a joint venture between Salmon Developments and NFU Mutual.
2007
major UK institution
Salmon acts as fund and asset manager for a major UK institution.
2017
MSCI UK Award
Salmon managed fund won MSCI UK property investment award for highest performing UK balanced fund for the second consecutive year.
2016
MSCI European Award
Salmon Managed fund won MSCI European property investment award for highest preforming European Balanced fund.
2019
Salmon Developments MBO
Salmon Developments completes Management Buy Out, which sees long-standing shareholders hand over the reigns of the company to Paul Stoodley and Anthony Harper.
The Loom, Leigh
12.7 acre site redeveloped into a £50m 150,000 sq ft mixed-use development.
Royal Ballet School, London
City Centre location mixed-use: residential, ballet school and retail – let to Zara.
Ascot Business Park, Ascot
A Salmon and Raspin Properties Ltd development: offices, industrial & studios.
Project History
Below are key project milestones. For further information on these projects and to see more schemes please see our project page.
1998
Reading Gate
Salmon Harvester Build 200,000 sq ft of retail warehousing worth £42m.
2009
ACQUIRES LEIGH
Salmon Harvester Acquires 12.7 Acre site in leigh to develop a £50m scheme including Tesco supermarket and Cineworld Cinemas.
2010
OXFORD STREET REFURBISHMENT
Salmon Harvester completes £40m Central London 8,500 sq ft retail & 12.500 sq ft office refurbishment at 175 Oxford Street.
2012
3RD TEMPLE QUAY SITE
Salmon Harvester Acquires 3rd Temple Quay site in Bristol with extant consent for £50m, 160,00 sq ft mixed-use scheme.
2016
AGREE 3 GLASS WHARF PRE-LET AND FUNDING
Salmon Harvester agreed the pre-let of a 110,000 sq ft office to HMRC which was funded by Legal & General.
2012
DEVELOPMENT PROGRAMME
Salmon’s development programme in 2002 included 25 schemes worth in excess of £550m.
2013
2 GLASS WHARF, TEMPLE QUAY, BRISTOL
Salmon Harvester spec first office development in Bristol for five years. Salmon start construction of new 100,000 sq ft office which is let to PWC, Grant Thornton and Foot Anstey.
Development
“A proven track record of consistently delivering returns over 30 years.”
In excess of
60 +
development projects completed to date
Latest News
Tristan fund buys Salmon/NFU Bristol site for £140m office development
Triston Capital’s EPISO 5 real estate fund has exchanged contracts to buy a freehold
Salmon Mulling Options After Gaining Consent on Appeal for £200m Windsor Mixed-use Scheme
Salmon Harvester Properties has won a planning appeal against the Royal Borough of Windsor
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