Twelve Years of Craigard

Craigard is a vibrant and opportunist organisation adept at looking ahead to future market trends. 

In our formative years the overheated investment market led us to target vacant properties for enhancement and refurbishment where there was a balance of risk and return. Over 600,000 sq ft of primarily industrial property was either let or sold in our first three years.  

We then battened down the hatches through the worst of the economic storms between 2008 and 2010 – letting up any vacant space and stabilising bank debt. 

We patiently awaited market conditions that allowed us to seek out undervalued medium term situations, so we have now contracted about £55m of acquisitions and secured over £35m of private equity.  We have an exciting portfolio under management of some 27 assets,  virtually all of which are well-positioned to return a very healthy return.
 
In 2017 we are again seeing an overheated investment market and as a consequence are adopting a slightly more cautious approach to new acquisitions.

We endeavour to bring inspiration to our projects and aim to add value in a proactive and focused style. There are, as a result, some sparkling successes in our story and robust recovery plays made from the depths of the recession.

Our progress over twelve years has been built on a philosophy of precise and thoughtful identification of opportunities, careful analysis, particular attention to detail and hard graft.

Track Record

David and Paul Foster Web 2
Paul and David Foster

Grounded in comprehensive experience over 35 years within the industry, leading Craigard is founder and Chartered Surveyor, Paul Foster. Paul built an impressive track record with IM Properties over 15 years, handling and securing many major deals and playing a leading role in the strategic direction of the company’s growth from £15m to £500m of assets over that period. With the desire to be back by the sea and his sailing, Paul returned to the south to use his experience, contacts and local knowledge to put Craigard on the map.

In 2015 Paul was joined by his son, David. Also a Chartered Surveyor, David brought over eight years of experience, primarily in the Business Space sector. He has both local experience on the South Coast with Lambert Smith Hampton, and most recently national experience based in London with Cushman and Wakefield. He was part of the Property Week Industrial Agency Team of the Year 2014, and has worked for both occupiers (including SIG PLC, Ford, Sainsbury's and Marks & Spencer's) and Landlords (including M&G Real Estate, AVIVA, SEGRO, Exton Estates and Hutchison Ports).