Asset Management
From undermanaged business park to successful disposal through rebranding and active leasing.
Duetto Park
Trevian took over asset management of Duetto Park in 2019 for an international real estate fund. Acquired in 2017, the property was well-located and in good condition but lacked demand due to outdated common areas and insufficient parking. Trevian’s actions included rebranding, renewing the lobby, installing illuminated signage, and revitalizing the website. Parking was expanded with E-charging slots.
Active leasing increased occupancy from 70% to 85% in one year. Despite the pandemic, Trevian achieved a 12.5% increase in net rent. The project earned BREEAM certification and led to the sale of the property to Revcap Advisors Ltd.
”From undermanaged business park to successful disposal through rebranding and active leasing.”
