Investment Portfolio
The strength of a construction or a development company is based on its cashflow and the assets it retains. Many developers fail due to high levels of gearing and an inability to service their debts, while many contractors fail because they cannot repay their monthly creditors. The Marcus Worthington Group doesn’t suffer from these problems.
The company has a high level of fixed assets with a gross value of over £50m with net assets at just over 50 per cent. A rent roll of nearly £2.5m from its investment grade assets leaves a very healthy positive bottom line to cover the peaks and troughs that are so 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:
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Ducie Court is a 614 bedroom student scheme set in the heart of the University of Manchester.
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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.
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North Road Retail Park is a striking new shopping development on a key arterial route into Preston city centre.
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Marcus Worthington & Co Ltd developed and constructed a new retail and residential complex, anchored by an ALDI store, in Sale, Greater Manchester.