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Email: info@redkiteland.com Phone: 0207 486 5777
Email: info@redkiteland.com Phone: 0207 486 5777
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David Cooke BSc (Land Econ) – Chief Executive


Post 2009


In 2010 David placed £180m of Private Equity into the "BUY" Central London market for 2 main clients.


For Jon Hunt 102 Kings Way, Holborn was bought for £22m from The Prudential in 2011 and sold in 2016 for £85m. The other property bought for Jon was Victoria Street from Blackrock for £19.5m in 2011 and was sold in 2014 for £35m. For Soho Estates David purchased the Soho Portfolio in 2012. Through David's property network, the opportunity to purchase from the Foyle Family strategic land and buildings to compliment Soho Estates' current ownership was taken. The portfolio was bought for £82m and now forms part of a strategic development being carried out by Soho Estates that will have an end value of some £250m+.



In 2012 David structured a joint venture at Brighton Marina between ICG Longbow and Brunswick. This 1m sq ft development was phased and the first 195 units and 7 restaurant units were completed, let and sold by October 2016. This first phase produced a profit of £33m for the joint venture.

 


From 2010 to 2017, David’s team at Red Kite ran Apperley Properties Limited out of 44 Welebck Street. Apperley Properties was a HNW family property company. David built Apperley from a virtually bankrupted company in 2010 into a company with a property portfolio comprising a total of 534,300 sq ft across 18 commercial assets valued at £65m.


David also built up a subsidiary residential development company to Apperley, Carrwood Securities, that currently has over £15m of completed development value in 18 residential units in Mitcham and New Cross.


In 2014 David set up Taris Real Estate LLP and Treforest Properties Limited in which he has an equity position. Taris Real Estate has concentrated on the prime retail investment market and Treforest Properties has concentrated, with his partner Richard Hayward in investment and development throughout Wales.

Pre 2009


1974 to 1987 playing rugby for England and the Harlequins over a period spanning 14 years David juggled those demands with that of qualifying as a Chartered Surveyor in 1979 whilst at Richard Ellis.


During this period David also worked for Donaldsons and Walker Son and Packman in many areas of property disciplines such as midtown rent reviews, central London office agency and out of town retail.


He has worked in all aspects of commercial property investment and development since then.


1982 to 1985 David left the world of West End Chartered Surveying to set up John Hollingswoth Commercial in Fulham.

 

In 1985 he went alone and set up Acquest Estate Agents comprising 5 offices in Wimbledon village and surrounding areas. Acquest was sold to Jackson Property Services (Halifax) in 1988.


Between 1988 and 1992 David took Sabbatical leave.



1992 to 1996 David returned to the Commercial Property world as MD of Artesian Commercial Investments which was set up off the back of 5000 shareholders to create a closed ended property fund. A mixed sector portfolio was built up and in a corporate sale was sold to Sir John Ritblat (ex British Land) and his son Jamie which changed its name to Delancey Plc after which time it was taken private by the Ritblat family.


1996 to 2008 In 1996 David used Private Equity to assist Brunswick in the purchase of Brighton Marina out of the Brent Walker Receivership. The estate was asset managed until successfully broken up in 1998 and sold to parties such as Ex Leisure (now Land Securities) Barratt Hones Wellcome Trust.


In 1998 David set up a Private Equity Fund in a JV with Anglo Irish Finance to build up a Commercial Property Portfolio of mainly high yielding offices, which was sold in 2008 to Vantage Asset Management for £110m. Private equity investors received a coupon of 20% p.a. post tax on their initial investment.