January 24, 2017

BRAEMORE PROPERTY CONTINUES GROWTH STRATEGY WITH ACQUISITION OF CLICK-LET

Deal marks expansion into short term lettings market Grows its total number of properties under management to 2,800 Braemore Sales and Lettings has completed the acquisition of Edinburgh lettings business, Click-Let. The deal secures the property firm’s move into the thriving short term lettings market and grows its existing managed

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Pentalver makes a £5million Plant Machinery investment with Briggs Equipment

Pentalver has announced a further investment in its materials handling resources after concluding a new £5 million deal with asset management and engineering services specialist Briggs Plant Equipment for Plant Machinery. One of the UK’s foremost providers of container-related services, Pentalver is adding 19 new Hyster machines to its fleet following a detailed

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Latest Issue
Issue 324 : Jan 2025

January 24, 2017

Brand New Material “Desmocomp” Designed By a German Firm Up For an Award

A brand new material known as “Desmocomp” designed by a German firm known as Covestro Deutschland has been declared the winner of the much sought after prize for the most sustainable material at the JEC Group Awards. This new material was made as a response to concerns about the durability of materials in front of adverse weather conditions. Most significantly however, this particular product was aimed to tackle the problems faced by materials when exposed on a daily basis to Ultra-Violet rays. The greatest resource of energy in this solar system, the Sun, is also the greatest attacker of materials and can savagely affect their durability. Yet Covestro Deutschland have developed an alternative to this by using a special polymer that provides specialist protection to the material. This would actually therefore saves costs for potential manufacturers who would not have to pay for hand-applied UV protection and would equally help to save time. The special polymer also enables “Desmocomp” to not only be protected of the rays of the sun, but also the sprays of graffiti artists. It is additionally capable of resisting other forces such as high temperatures and even protect itself from various harmful substances or liquid solutions that might be applied to it. To summarize, it is very clear that the product will attract the attention of numerous potential clients as well as the admiration of prospective new entrepreneurs. What is clear is that the product will undoubtedly cause a sensation when the products are put on display in Paris, France. With the development of intelligent polymers in the business sector, JEC’s recognition of such new investments in different materials is a sure sign that the new product’s popularity among businesses is certain, and its clever composition of elements indicate that it will be able to be used in a whole new variety of different manufacturing contexts.

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BRAEMORE PROPERTY CONTINUES GROWTH STRATEGY WITH ACQUISITION OF CLICK-LET

Deal marks expansion into short term lettings market Grows its total number of properties under management to 2,800 Braemore Sales and Lettings has completed the acquisition of Edinburgh lettings business, Click-Let. The deal secures the property firm’s move into the thriving short term lettings market and grows its existing managed portfolio across Edinburgh and Fife. The deal, Braemore’s tenth acquisition since 2010, will add a further 400 properties to its lettings portfolio across Edinburgh, East Lothian, West Lothian, and Fife. It will also see all of Click-Let’s staff join Braemore’s existing 75 strong team in Edinburgh. Their strong knowledge and experience of the market and portfolio will be hugely valuable and contribute to what is expected to be a smooth transition and ‘business as usual’ for landlords and tenants. With Edinburgh’s letting market showing the fastest rental growth figures across Scotland over the past 24 months, and significant consumer interest in the short term let market particularly during Festival months, Braemore Chief Executive, Ian Lawson saw a huge opportunity to build on this continued growth in the market. Ian said: “The popularity of short term lets is higher than ever in Edinburgh, throughout the year and during the Festival season in particular. There is huge demand during key periods like Hogmanay, and with 6 Nations Rugby at Murrayfield, so this opportunity is testament to the changing demographics of this market. We saw the acquisition of Click-Let as an opportunity to invest in this trend and incorporate into our existing portfolio.” Another attraction for Braemore is that a significant proportion of Click-Let’s portfolio is held within Leith. Ian added: “Leith, and The Shore specifically, is a thriving local economy within Edinburgh and we’ve been looking to increase our foothold in the area for some time. We look forward to growing our portfolio in Leith, and driving value for landlords and investors as the area is developed further.” Stewart Pitt, Director of Click-Let, said: “For the last 14 years we have enjoyed being part of the growing Edinburgh property market, developing a strong team and brand to serve our customers. The chance to work with Braemore came at the right time. The move will be great for our staff’s progression and their depth of knowledge will help maintain both happy landlords and tenants.”

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BNP Paribas Leasing Solutions UK appoints seasoned Head of Central Credit to drive growth

BNP Paribas Leasing Solutions UK has appointed Ian Corbett as the new Head of Central Credit for its Equipment and Logistics Solutions (ELS) division. A highly experienced credit professional, Corbett has spent 28 years working in financial services for companies such as Aldermore, Investec Asset Finance and ING Lease, and so brings with him substantial expertise, market knowledge and industry connections. Corbett will be working within Leasing Solutions’ ELS division, which specialises in agricultural equipment, construction, materials handling and commercial vehicles. There is a huge opportunity at BNP Paribas Leasing Solutions. “There is a huge opportunity at BNP Paribas Leasing Solutions,” says Corbett. “I’m joining a well-established and successful team and I’m looking forward to building on this success and leveraging my previous experience to support growth and develop new opportunities.” Tristan Watkins, CEO of BNP Paribas Leasing Solutions UK, comments, “We’re thrilled to welcome Ian to the team. Ian has in-depth experience and an impressive network of contacts, both within the leasing sector as well as our core business markets.” “BNP Paribas Leasing Solutions UK lent over £1.25 billion in 2016 to over 100,000 British businesses and Ian will play a key role in continuing to drive our growth in 2017 and beyond.”

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Pentalver makes a £5million Plant Machinery investment with Briggs Equipment

Pentalver has announced a further investment in its materials handling resources after concluding a new £5 million deal with asset management and engineering services specialist Briggs Plant Equipment for Plant Machinery. One of the UK’s foremost providers of container-related services, Pentalver is adding 19 new Hyster machines to its fleet following a detailed tender process involving an in-depth assessment of the marketplace and potential suppliers. The new machines will complement the existing 22 Hyster container handlers – successfully introduced by Briggs in 2015 – which boosted the Pentalver group’s container handling capabilities across its terminals at Cannock, Felixstowe, Southampton, Tilbury and London Gateway. As well as representing a significant commitment to the group’s future business expansion plans, the investment also underlines Pentalver’s confidence in Briggs Equipment, which will supply, maintain and manage the fleet, as Managing Director Chris Lawrenson outlined. He said: “Reliability is crucial to our success. Our customers rely on us and we, in turn, need to be able to rely on our Plant Machinery suppliers. Briggs Equipment continues to impress us with the scope of its capabilities. “Briggs Equipment continues to impress us with the scope of its capabilities, high standards of customer service and commitment to helping us achieve our commercial objectives. This, combined with the quality and durability of the Hyster product and the advice and assistance available from Hyster’s support teams, gives us real confidence for the future.” Scheduled for delivery throughout 2017, the new Hyster equipment comprises 13 dedicated empty container handlers, specified in both single and double lift variations capable of stacking containers six high, and six Hyster RS4531CH laden reachstackers. Eight of the machines will be put to work at Pentalver’s Felixstowe terminal and six will go to Southampton while the Tilbury and Cannock operations will take delivery of three and two machines respectively. All machines will be fitted with Hyster Tracker to ensure optimum fleet and operator performance while also maximising asset utilisation. Briggs will manage the service support contract using its market-leading asset management tool BE Portal, which provides total transparency and supports top level decision-making to improve fleet management and enhance workplace safety. Acknowledged for taking a lead role in improving industry safety, Pentalver has worked closely with Briggs Equipment to ensure its operators adhere to best practice. Featuring enhancements to container locking plus additional cameras, the new container handlers and reachstackers are specified to make safety the number one priority, when drivers are at the controls and away from the container stacks. Paul Giles, Ports and Terminals Business Development Manager at Briggs Equipment, said: “During the past 18 months our dedicated account managers, customer contract managers and regional service managers have worked in partnership with Pentalver to help drive up productivity by ensuring maximum utilisation of its Hyster Plant Machinery equipment. “We take a unique approach to meeting the requirements of port operators and freight handling businesses and this important new contract showcases our ability to support what is a critical business sector for the UK.” Pentalver’s operations include four of the UK’s main ports and an inland depot in the heart of the Midlands. As a result of expansion during the past 20 years, Pentalver has established itself as a key provider of innovative container solutions to customers across the UK.  Caption: Container services specialist Pentalver has reinforced its partnership with Briggs Equipment with a new £5million contract involving the supply of Hyster equipment and asset management support.

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