B.Sc (Hons), MRICS
Richard Coombs is a Director in the UK National Investment team with particular responsibility for investment in the South West. His specialist area is business space although he also provides advice to clients across all major sectors of the market. Richard has advised clients such as Aviva Investors, Patrizia, Mayfair Capital, Aberdeen Standard Investments, Columbia Threadneedle Investments and Castleforge Partners for more than 25 years in the acquisition, sale and funding of investment property.
Richard has a BSc Hons from Oxford Polytechnic and has been a Member of the Royal Institution of Chartered Surveyors for more than 30 years. Having started his career in London in 1987 with Hillier Parker he moved to Bristol in 1999 as a Partner in Donaldsons before heading up Chesterton's Bristol office in 2003. Richard joined Colliers in 2004 and is now a Director in the UK National Investment Team with responsibility for the South West region.
BSC (Hons) in Estate Management. Oxford Polytechnic 1984 - 1987. Qualified as a Chartered Surveyor in 1990.
Memberships & Involvements
Aviva Investors, Patrizia, Aberdeen Standard Investments, Columbia Threadneedle Investments, Mayfair Capital, Castleforge Partners, Scotsgrove, Swindon Borough Council and Knight Frank Investors.
From Jamie Horton - Portfolio Manager - Standard Life Investments.
“Freshford House and WCA House, Redcliffe Way, Bristol:
Richard advised UK Commercial Property Trust c/o Standard Life Investments on the recent sale of two adjoining office buildings within Bristol city centre. The properties were let with a short unexpired term and following extensive reporting and scenario analysis by Colliers into our various options including refurbishment, change of use and redevelopment, it was decided to sell the properties while maximising the remaining term certain for a potential buyer. Despite a relatively short lease, Colliers negotiated a sale through a process of best bids to AEW and, working closely with the solicitors throughout, completed the deal on schedule. The price achieved exceeded any other recent sale of an office in Bristol city centre with a comparable remaining term and was ahead of initial expectations. Colliers tackled the instruction with enthusiasm and a keen market insight throughout ”
From Anna Rule – Fund Manager – Aviva Investors.
“Wincanton Premises, Garanor Way, Portbury, Bristol:
Richard has advised Aviva Investors over many years on various sales and acquisitions and has established good long term relationships with a number of our fund managers, particularly for offices and industrial opportunities.
The above property was bought to us by Richard who identified this interesting opportunity which offered an attractive yield for an unexpired term certain of over six years. The property is situated around half a mile from Junction 19 of the M5 motorway, six miles from the M4 /M5 interchange and is close to the Royal Portbury Dock making this one of the South West’s prime industrial/distribution locations. With a site density of only 14%, the property has excellent yardage and provides long term redevelopment potential. We are delighted with this acquisition which provides Aviva Investors with an attractive income return in excess of 8.25% with significant asset management opportunities for the future”.