Specialist property managers Lee Baron have been appointed by Ardent UK, a branch of US-based asset management firm Ardent Companies LLC, to provide long-term property management services for their new purchase of a collection of 12 properties across the UK.
Lee Baron’s remit will include the day-to-day estate management of the entire logistics and industrial portfolio, which includes approximately 1.4 million sq ft, generating over £4m per annum in rent.
Ardent UK's portfolio includes assets in England and Scotland, amongst which including Chapman Way Tunbridge Wells in Kent and an asset Milton Keynes.
Robert Hobson, Director, Lee Baron, said: “We are delighted to be partnering with Ardent Companies, as they expand into the UK. It is a seasoned and successful organisation, and we look forward to sharing our breadth of expertise and management oversight as part of this ongoing project. As Ardent UK looks to acquire other opportunities throughout the UK in a number of asset classes, we aim to help the firm meet its objectives during this exciting period of growth.”
Richard Benson, Managing Director, Ardent Companies LLC, added: “We are excited to be working in partnership with the fabulous team at Lee Baron. We look forward to working with them on our portfolio to drive its performance on.”
About Lee Baron
Operating throughout the UK, Lee Baron deals with all aspects of property management across all sectors. It specialises in retail, mixed-use residential and managing large complex estates. Its offering includes advisory and consultancy services, compliance and risk management and property, financial and data management.