London Office

0203 322 8898

Glasgow Office

0141 354 7900

LEASE DISPOSAL – LEAVE IT TO US

Leave unwanted properties where they belong – in the past, with practical expert lease disposal by SPS.

ABOUT US

Since 2005 Surplus Property Solutions has been mitigating the leasehold liabilities of FTSE 100 companies.

With offices in London and Glasgow SPS has an in-house team of property, financial and legal specialists. All key staff bring with them a wealth of corporate knowledge and understanding. To supplement our team we work closely with leading law firms, specialist surveyors, financial specialists and corporate real estate agents to provide the leading proposition in this niche marketplace.

OUR APPROACH

FOCUS, FOCUS and FOCUS on lease disposal -because that’s what we do.  We handle each property as an INDIVIDUAL PROJECT – because one size DOESN’T fit all.

We focus solely on reducing the portfolio liability at an economically sensible cost through company structure reorganisation, surrender, assignments, re-gearing leases and lettings, redevelopment, asset purchase, rates mitigation, focused low-cost property management, and by leveraging our extensive network.

DIRECTORS

ADAM FOSTER

Director

Adam founded SPS in 2005 and has led each of its portfolio acquisitions. Before that he was a senior managing director at Honeywell Inc and Caradon Plc (Novar plc). At the latter he ran UK building sector businesses including Gent Fire and Trend Controls Limited, and also managed Novar’s £200 million international business in 35 countries with over 1900 staff. Fluent in French and Italian, Adam holds a BA from Columbia University, New York and an MBA from INSEAD, France. For many years he has provided strategic and business guidance to a number of charities.

FRANK COLHOUN

Director

Frank is in charge of the financial management of SPS and all associated group companies and investments. Responsible for the financial aspects of all transactions and client reviews, he led the successful structuring of the bespoke credit enhancement for the Rentokil transaction. In the past he has held divisional CFO positions for large European and US listed businesses including Lucent Technologies Inc, Novar plc and Honeywell Inc in New Jersey, London and Dusseldorf. A qualified accountant, Frank also holds an MBA from the School of Management at the University of Edinburgh.

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