The strength of a property company is based on the diligent management of its cashflow and keeping financial gearing within prudent levels.
Many developers fail due to unsuitable levels of financial gearing which lead to an inability to service their debts whilst contractors fail through the lack of being able to provide continuity of work and maintaining their cashflow.
This is where the Marcus Worthington Group is different. Through organic growth and by taking a conservative approach to construction and development the Group has retained a high level of investment grade property assets with a gross value of over £50m. By keeping financial gearing to circa. 50-55% of a yearly rent roll of over £2.7m the company has a very healthy bottom line to cover the peaks and troughs that are all too common in the property industry.
Worthington Investments, which is the investment arm of The Marcus Worthington Group, is actively looking to grow the company’s assets further. It is specifically interested in opportunities that will provide long term, investment grade income, let to strong blue chip covenants and which can be integrated into the existing portfolio to boost net assets and rents while keeping gearing below 55 per cent.
This proactive but prudent approach to property investment and the high degree of transparency offered by Worthington Investments in all its dealings provides vital reassurance to investors and clients who want to work with partners they can trust.
Our Investment case studies:
Ducie Court is a 614 bedroom student scheme set in the heart of the University of Manchester.
Gallagher Retail Park is an impressive shopping development, which occupies a convenient position to the east of Huddersfield in the busy local district of Waterloo.
North Road Retail Park is a striking new shopping development on a key arterial route into Preston city centre.
Marcus Worthington & Co Ltd developed and constructed a new retail and residential complex, anchored by an ALDI store, in Sale, Greater Manchester.