Since acquiring Derby Riverlights in May 2015, Moorfield Real Estate Fund III has been focused on ensuring the building and surrounding area becomes a key retail and leisure destination within the heart of Derby. As well as attracting key tenants, the aim has been to make sure Riverlights looks the part.
Appointed by Moorfield, the property management team at Bilfinger GVA has been in charge of the visual transformation of the building; from cleaning to redecorating, landscaping and working with Core Marketing to create attractive new signage.
It all began with a jet wash, followed by a thorough clean. The building hadn’t been cleaned since 2010 when it was first constructed so there was plenty to do, so much so that the team had to undertake the task by abseil to ensure it was complete and restored the building back to its original high standards. Additionally, the low level brickwork under the retail and leisure units was stained and in some places, had loose mortar joints. These joints have since been repaired and the brickwork has been painted and sealed to protect it from discolouring in the future.
Following the clean, the team started to redecorate the building, repainting the render to bring a uniform colour to the exterior. The outside benches, tree grills and aqua drains also received a coat of paint, not only improving their appearance but also protecting them from rusting in the future.
As well as making sure Riverlights looks great, Bilfinger GVA has been hard at work checking the building is running to its best, from testing the electrical wiring to cleaning the drains and improving security by installing new CCTV systems. Moving forwards, the team has put a planned maintenance programme in place. Under the ownership of Moorfield Real Estate Fund III, Riverlights will be run as a managed estate, meaning a maintenance programme has been put together to keep the site in good condition for many years to come.
Why not take a trip down to Riverlights and see the transformation for yourself?