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TRW Automotive, Perterlee

Alliance was made aware of the international car parts supplier’s property portfolio requirement through agent contacts.

It was selected and instructed on the site remodelling project, based on the company’s aligned business services.

Alliance was able to respond quickly to TRW’s specific design and build needs, identifying an existing TRW site and presenting a financial strategy to purchase the land from them, remodel and build bespoke factory facilities with specialist electronics and air conditioning features, in a complex expansion project.

The £3.5million facility was built on time – allowing TRW to continue operations with minimal interruption ñ and within budget. Alliance then secured a 25-year lease back deal, which was the preferred financial strategy for the client.

 

“TRW Automotive employs 63,000 people in 25 countries, and had annual turnover of $12.6b in 2005. I am responsible for their real estate in Europe and Asia Pacific, involving inter alia many large construction projects. I can say with my 48 years’ experience in the industry I have only rarely been involved with a company that provides the all-round performance that Property Alliance Group have produced. Much of this arises from a company culture that is heavily client focused, but without their professionalism, this would not count for much. What they promise they produce, and this is refreshing in today’s culture. I have no hesitation in recommending them to you.”

TRW