Head of Advisory & Restructuring
I am a Director and Head of the Advisory & Restructuring team at Colliers International, which provides real estate restructuring, turnaround and insolvency services to lenders, investors, business management teams and practitioners across all UK property sectors.
We specialise in providing effective, practical solutions to complex situations – integrating real estate valuation, strategy and disposal services with in-depth market knowledge to help key stakeholders assess value, identify opportunities, mitigate risk and release capital.
By working closely with the wider Colliers platform and local sector experts across core and alternative markets, we quickly adapt to and evaluate a wide range of property sectors and locations throughout the UK – including residential, retail, licensed & leisure, hotels, healthcare, automotive, office and industrial.
We are passionate about providing effective advisory and restructuring services to businesses, their lenders and investors – combining our restructuring experience with full-service real estate expertise to ensure that every project is delivered in a dynamic, tailored way to achieve consistent and efficient results.
My role includes:
- advising lenders and investors on non-performing loans and facility covenant breaches – acting consensually or via appointment as LPA / Fixed Charge Receiver;
- working with business and asset managers to help evaluate and reorganise real estate portfolios – including occupied estates, trading assets and investments; and
- acting for financial consultants and Insolvency Practitioners to assist with corporate restructuring and insolvency – helping to assess value, mitigate risk and maximise returns.
I am a Chartered Surveyor, RICS Registered Valuer, APC Assessor and practicing LPA / Fixed Charge Receiver.
Having worked throughout the real estate cycle since 2007, I have a breadth and depth of experience in property valuation, lease advisory and restructuring. Prior to this, I studied Real Estate Management and International Banking & Finance at Nottingham Trent University and Nottingham Business School. I also have experience in sales and running a small business.
Outside of work, I enjoy keeping fit, spending time with family & friends and supporting local small & independent businesses, particularly in the food and leisure sectors.
I am a Chartered Surveyor, RICS Registered Valuer, APC Assessor and I take appointments as an LPA / Fixed Charge Receiver.
I am also an active member of specialist industry organisations including NARA: The Association of Property and Fixed Charge Receivers, R3: The Association of Business Recovery Professionals and TMA: The Turnaround Management Association.
I have been based in Birmingham since 2013 although my role entails a natonal remit. I have previously worked in Nottingham and Prague, Czech Republic.
MRICS - Chartered Surveyor
MSc International Banking & Finance - Nottingham Business School
BSc (Hons) Real Estate Management - Nottingham Trent University
Memberships & Involvements
MRICS - Member of the Royal Institution of Chartered Surveyors, NARA, R3, TMA
Lenders: Lloyds Banking Group, Royal Bank of Scotland, National Australia Bank (Clydesdale/Yorkshire), Dunbar Assets, UKAR, Allied Irish Bank, Bank of Ireland, TSB, Standard Chartered Bank, West Bromwich Commercial, IGF Group, Leumi ABL, ABN AMRO Asset Based Finance
Investors & Loan Servicers: Cerberus, Starwood Capital, Catalyst Capital, Steamrock, Hatfield Philips/Situs, SeaPoint Capital, Harwood Capital, Signal Capital, Pepper Group/Engage Commercial
Restructuring Practitioners: Begbies Traynor, BDO, Grant Thornton, PwC, KPMG, AlixPartners, Alvarez & Marsal, Moorfields, Quantuma, EY
Business Management Teams: Mitchells & Butlers, Central England Co-operative, Molson Coors
I first met Nick following the appointment of Colliers as LPA Receivers in December 2016. He was very pro-active in respect of the case the firm were appointed over which gave the Bank comfort that a swift outcome was achievable for this technically difficult case.
My involvement with the case ceased three months later, however, Nick has kept me up to date on events and it seems that an exit is soon to be reached within 12 months with a realisation value ahead of original estimations being achieved. I hope to work with Nick again in the future.
SME CRE London, Asset Management
Lloyds Banking Group
Nick has been my contact within Colliers dealing with a number of Receivership appointments on various plots of land and property owned / occupied within one connection.
There have been numerous and complicated issues arising from the sales of all properties, particularly the industrial site that required the close collaboration of the Receivers, Liquidators, bank and Trustee. Ultimately Nick has managed these discussions to ensure that all parties were in agreement with the strategy and price achieved. He has kept me fully informed at all stages of the process and, with the relationship built up with the other parties, made my subsequent discussions with the Liquidator and Trustee much easier.
I am grateful for his assistance which has led to a favourable outcome for all concerned.
I have been particularly impressed by the detailed and commercial approach you have taken in seeking to carve-up a jigsaw solution to realising the assets … I think the entrepreneurial deal-driven approach has worked well on this one and the way you have got the first deal over the line so quickly and the second… third … lined-up has been great.
I have known Nick for two years and worked with him closely during that time. He picks things up quickly and, in particular, is a good communicator. Verbal and written reports are thorough and concise as well as timely. He responds quickly when needed and always does what he says he will do.
Nick’s expertise is wide ranging but my main involvement with him has been in the retail and office sectors where he has shown a good depth of knowledge.
Nick has the ability to add value to the receiverships we have worked on rather than being just process driven. He has a wide range of contacts in the industry in which he is highly regarded.
Alan M Smith
West Bromwich Commercial Limited
It is very enjoyable to work with Nick, who has built up a strong working relationship with Grant Thornton and the team across both Restructuring and other Advisory departments. From a BD perspective, Nick looks for opportunities to invite the firm to both interesting, useful and enjoyable events and has looked to introduce members of the team to key contacts in the market, which is appreciated.
Nick is on the end of the phone whenever needed to act as a sounding board which is really valued and shows Nick’s attitude towards building strong relationships. In addition, Nick has performed well on specific case situations, providing pragmatic advice and support.
Rob A Parker
Grant Thornton UK LLP
I have worked with Nick on a variety of assignments across a number of client relationships. Nick has an excellent understanding of risk and is willing to take a pragmatic and commercial view where appropriate to enable transactions to progress. He has a clear understanding of the local market and adopts a pro-active approach which is great to see.
Nick sees the client/lawyer relationship as a collaboration which means we can be aligned on how to approach things and work towards the goal at all times.
Finance Practice Group
Peter graduated from Nottingham Trent University in 2012 with a degree in Real Estate, in which he was on placement with Savills during his third year of study. In the same year Peter joined the Colliers International Birmingham Office, working full time with the Corporate Restructuring department. He qualified as a Chartered Surveyor in 2015 and was promoted to Senior Surveyor in 2017. For the first 6 months of 2017 Peter was on secondment with Lloyds Banking Group giving strategic property advice.
I work as an Administrator for the Advisory & Restructuring department in Birmingham. My role primarily consists of closing down live cases, i.e finalising invoices, producing Final Outcome Statements, Resignation Letters, distributing completion funds and completing all necessary VAT and Companies House documents.
My main, current role is to oversee the department's Client Accounts, monitoring the account balances, receipts & payments and transfering funds before Job closure. I am responsible for our department's rechargable costs, making sure these are uptodate and accurate on our JM schedule.
I also assist with filing, archiving and any other admin work.
Head of Colliers General Agency Team which provides strategic property advice to private clients and a number of leading financial institutions & Insolvency Practitioners.
I have disposed of and let a wide range of property assets located throughout Northern Ireland, the UK and The Republic of Ireland.
Head of Valuation and Advisory Services
London - West End
Sara has experience in both client-side and advisory businesses, with a background in valuations, real estate finance, investment strategy, development, asset managment and transactions management. She is a Chartered Surveyor and a Chartered Town Planner.
Prior to joining Colliers in 2016, Sara led the EMEA Credit Risk Review function at GE Capital's €12bn Real Estate business. Sara’s real estate career began at DTZ, where she held roles within the Agency, Development, Valuations and Corporate Finance teams, following a research role in the corporate finance division at Barclays de Zoete Wedd (now Credit Suisse).
Sara has lived and worked in continental Europe and has expertise across all asset classes in European markets.
Paul is a Chartered Surveyor who has significant experience in the licensed and leisure sectors. He is active in single and portfolio valuations, lease renewals and rent reviews (including arbitrations), undertakes expert witness work, provides development advice, acts on agency matters (sales, acquisitions and lettings), and advises on alternative use situations.
He acts for a wide variety of national and local, large and small operators, publicly funded bodies, landlords, developers, tenants and financiers. His current sector involvement includes Public Houses, Restaurants and Leisure though he specialises in all aspects of commercial licensed and leisure work.
He is the Director in charge of the Licensed and Leisure department in Scotland, liaising with the national team located in offices throughout the UK.