Colonnade assisted our entry into Westfield Shopping Centre. They took advantage of the arbitrage presenting from former occupiers desperate to leave the centre to minimise their losses; Colonnade arranged a negotiated takeover of their company and reached agreement with the landlord and other creditors to achieve write-off of £170k, even obtaining a 3 month rent-free period going forward. They also protected the £96k rent deposit, meaning we had a ‘no risk’ entry into the centre. It was truly remarkable what was achieved.
Jack Ipdjian, former Director Migato Store