Spencer Holdings

The Spencer Group of companies are specialists in property investment and development within the commercial and industrial sectors with a substantial portfolio spread throughout the UK.

Its mission is to provide the best value, the best commercial properties and the best commercial locations in order to attract the very best tenants.

Its unique selling point is flexibility, which is central to the business. The company has been buying commercial properties nationwide to ensure that it has a full spectrum of sizes and locations to appeal to even the most discerning tenant. The current portfolio offers an impressive 85 sites, with a variety of commercial units to let on each, throughout England, Scotland and Wales.

Spencer Holdings currently owns and manages 4 million square foot of multi-tenanted industrial and commercial properties let to over 500 tenants engaged in a wide variety of activities such as industrial, manufacturing, warehousing, trade counters and office space.

The current downturn in the commercial property market has provided a window of opportunity for Spencer Holdings as a good foundation of rental income means the company is still able to secure funding for its acquisition programme.

In January 2008 Spencer Holdings secured £200 million from Bank of Scotland to support its continued expansion. The company aims to use this funding to grow its portfolio from 4 million sq ft to 8 million sq ft.