About us

We are a leading business of property investment managers, with national reach across all property markets.

We offer returns that outperform market benchmarks over any time horizon.

Our client relationship management is professional, collaborative and dedicated, placing clients at the heart of our business. The individuals of our team have their own areas of specialism that will be drawn upon to deliver a tailored approach.

Part of the Cluttons group, the investment management service is able to draw upon the expertise from across the business.

We are authorised and regulated by the Financial Conduct Authority and the Royal Institution of Chartered Surveyors.

Jamie McCombe

Jamie is an FCA-approved manager with over 26 years of experience managing balanced commercial investment portfolios across the UK.

He enjoys creating long-term relationships with clients, with a view to becoming an established and trusted advisor. A decisive and effective fund manager, he consistently outperforms the benchmarks for all of his existing investment management clients.

With a particular expertise in managing long term endowment funds with investment objectives of long-term income and capital growth, Jamie brings a wealth of insight and experience to our company.

Jamie is a member of the Royal Institution of Chartered Surveyors (MRICS).

Matthew Peake

Matthew has over 25 years’ experience of managing commercial investment property portfolios for pension funds, charities and educational endowments, delivering long-term relative outperformance in each case.

Previously a fund manager at M&G Real Estate, CBRE Global Investors and TH Real Estate, he has a broad working knowledge across all commercial property sectors and an extensive network of market contacts developed within the industry.

A member of the Royal Institution of Chartered Surveyors (MRICS) and an FCA Approved Person, Matthew focuses on income as the principal driver of long-term returns, with astute stock selection and intensive asset management to add capital growth.

Contact

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Jamie McCombe

Partner

T +44 (0) 20 7647 7234
Contact

If you do not wish to receive further communications from us, please email [email protected]. More details on how to opt out can be seen in our Privacy Policy.

Matthew Peake

Partner

T +44 (0) 20 7647 7067

Latest research & insights

Research

Q2 2023 commercial property examiner

The UK economy has so far just avoided recession but following growth of 0.4% in January, the economy failed to grow at all in February.
Research

Q1 2023 commercial property examiner

Forecasts for the UK economy signal that GDP will fall slightly throughout 2023 and into Q1 2024, as high energy prices and interest rates restrict consumer spending.
Research

Q3 2022 commercial property examiner

Forecasts for the UK economy expect Inflationary pressures in the United Kingdom and the rest of Europe to intensify and exacerbate the fall in real incomes for UK households.
Research

Q2 2022 commercial property examiner

Despite a satisfactory performance by the UK economy so far this year, the risks of a recession are increasing.
Research

Q1 2022 commercial property examiner

Russia’s invasion of Ukraine will have major implications for the world economy and has raised the possibility of a UK recession.
Research

Q4 2021 commercial property update

The UK economy is estimated to have grown by 0.9% in November 2021 and is now 0.7% above its pre-coronavirus (COVID-19) pandemic level.
Research

Q3 2021 commercial property update

Growing numbers of Covid-19 infections slowed the economic recovery in Q3 but the success of the vaccination program limited the number of hospitalisations and fatalities.
Research

Q2 2021 commercial property update

The UK’s commercial real estate market has been far more resilient in the face of the pandemic than was first feared in March/April 2020 after the introduction of the first Covid-19 lockdown.
Research

Q3 2019 commercial property update

The performance of the UK economy continues to be underwhelming. UK economic output has been disappointing since the GFC and expectations of the outlook for the next two years are lower still.
Research

Q1 2021 commercial property update

The third lockdown has had very little impact on the trajectory of macro-economic forecasts for the UK economy.
Research

Q4 2020 commercial property update

The UK’s commercial real estate market has been far more resilient in the face of the pandemic than was first feared in March and April after the introduction of Lockdown 1.0.
Research

A quantitative approach to real estate asset allocation for balanced funds

Conventional market cap weighted portfolios lack diversification, which has the potential to lower their returns and increase risk.
Research

Q4 2019 commercial property update

In November UK economic output declined by 0.4% and year-on-year GDP growth decreased to just 0.5%; the lowest level since June 2012.
Research

Q1 2020 commercial property update

The global economy is projected to contract by -3% in 2020. However, the pandemic fades in the second half of 2020 and the global economy is projected to grow by 5.8% in 2021.
Research

Q2 2020 commercial property update

Without a vaccine or successful treatment for COVID-19, the recovery is likely to be slow and pro-longed. In the worst case scenario a second outbreak could result in 4 more years of economic decline.
Research

Q3 2020 commercial property update

The combined fall in UK economic output in March and April amounted to -25.3% but was shallower than expected.
Opinion

Charity property investment: maximising income

In a climate of low returns, property can be a good investment for a sustainable income stream.
Research

Q2 2019 commercial property update

In the first edition of the new Cluttons IM Commercial Property Examiner, we explore the latest underlying economic and financial market drivers that help shape our real estate portfolio strategies. 
Opinion

The next UK recession – not if, but when?

The health of the UK’s commercial property market is inextricably linked to that of the UK’s economy. Given the illiquid nature of direct real estate portfolios, advance notice of a downturn in the market can be critical. 
Research

London residential market outlook

Cluttons predicts that the London residential property market will fall a further 10% before prices begin to recover in a year to 18 months’ time.
Opinion

The True Value of a Dynamic Asset Manager

Whilst we applaud the launch of the INREV Asset Index, we would caution against an Index, based on past asset level performance, replacing time spent really understanding what differentiates the best asset managers from the rest. In the following article our non-executive chairman, Simon Latham, explores some of the issues.
Opinion

Pension Fund Allocation to Real Estate

As pension funds look to further manage capital volatility through a reduced exposure to global equities aligned with the need for increased income to match liabilities, the search for an alternative proxy for indexed-linked gilts has become more focused.
Case study

Richmond Place, Richmond

Following the systematic refurbishment of all floors at this high quality office in Richmond-upon-Thames, the building has been fully re-let at top rents for the town.
Case study

Poplar Park, Avonmouth

We have concluded a lease renewal at this modern industrial unit in Avonmouth, an established distribution location to the north west of Bristol city centre.
Case study

Peregrine House, Richmond

We gained vacant possession of this centrally located office building in 2016 and undertook a Grade A refurbishment including all-wooden floors, exposed ceilings, air conditioning and staff showers.
Opinion

Some welcome news for UK’s High Streets

A couple of weeks ago we commented on the latest gloomy high street news with yet more retailers struggling.
Opinion

Managing estates from an investment perspective

Matt Peake shares his commentary in this preview article, part of the Charity Finance Yearbook 2019: Challenges and opportunities in managing estates, which will be published early next year.
Opinion

The changing dynamics of retail property asset management

Reflecting on the troubles at Patisserie Valerie, it continues to be a year of turmoil for the retail sector, particularly for those with a primary dependence on bricks and mortar and a high street presence.
Opinion

London’s office market trends

Matt Peake presents the opening remarks at Bisnow’s London State of Office event addressing some of the issues facing the occupational and investment markets.
Opinion

Managing risk in a competitive market

Jamie McCombe appears on Property Week’s Investment Think Tank panel to discuss low-risk ways of managing prime investments.
Opinion

Investors focus on UK regions to boost office returns

Whilst Central London continues to attract significant global capital, investment in the regions over the last two years was up on 2016, with overseas investors accounting for a significant proportion of that. 
Case study

Boundary Park, Hemel Hempstead

One of our clients had an existing balanced portfolio, but our forecast for the market suggested greater gains could be made by overweighting to the industrial sector.
Case study

Mandela Way, Southwark

This built-from-scratch portfolio required a spread of sector assets. As a result, we identified an opportunity in Southwark, Central London.
Case study

Searle Crescent, Weston-Super-Mare

The challenge was to maximise the return from an existing client portfolio.