Where serious capital meets independent expertise.

Pinecote Advisors provides tailored UK commercial property advice to ultra-high-net-worth investors, family offices and property companies. By maintaining a deliberately selective client roster, we prioritise long-term relationships, risk mitigation and superior financial returns.

About Us

Advice built on trust and a long-term outlook.

Pinecote Advisors is a boutique real estate investment and asset management firm. We source, invest and asset manage property principally for internationally based clients — family offices, private capital and institutions seeking exposure to the UK market.

We buy assets and we run them. The people who underwrite a deal are the same people answerable for it three years later, and knowing that changes how carefully it gets underwritten in the first place.

We are trusted by UHNW investors, family offices, property companies and institutions in the United Kingdom and the Gulf. We always operate with complete discretion.

33
Years’ combined commercial property experience
£250m+
Assets currently under management
£3.5bn+
Commercial real estate deals transacted between the directors
Services

Two disciplines,
fulfilled expertly.

01

Investment Advisory & Investment Management

Full deal origination, underwriting, due diligence and transaction management, across acquisitions and disposals. Investment management is the layer above the transaction: portfolio strategy, structuring and performance across everything an owner holds.

  • Sourcing

    On and off-market opportunities across the UK, found through direct relationships with agents, banks and landlords.

  • Appraisal

    Pricing, covenant strength and cash-flow modelling.

  • Execution

    Bid strategy, tenacious negotiation and the management of legal, tax and technical due diligence through to completion.

  • Finance & exit

    Debt introduction and structuring through banking contacts, and advice on the timing and disposal of assets when the business plan has been executed.

02

Asset Management

We manage assets actively and strategically across the hold period — lease events, capital works, tenant relationships.

  • Business planning

    A written plan for every asset, including hold-or-sell reviews revisited as the market moves.

  • Lease events

    Regears, renewals, rent reviews and lettings.

  • Building strategy

    Capital expenditure, EPC compliance and the works that keep a building lettable and relevant through the next cycle.

  • Oversight & reporting

    Managing agents, surveyors and service providers, and reporting plainly to owners and lenders on what has changed and why.

People

Director-led service
on every mandate.

Dale Johnstone Photograph
people/dale-johnstone-web.jpg

Dale Johnstone MRICS

Managing Director

Dale spent eighteen years at Allsop and became the youngest equity partner in the business. He co-led the National Investment team and ran a significant mandate for one of the world’s largest private banks. Working that closely with a private bank taught him a great deal about how ultra-high-net-worth clients prefer to operate and the standard of service they are entitled to expect.

He founded Pinecote Advisors having seen a gap in the market. Private and overseas capital is an increasingly dominant force in UK commercial real estate, yet too often those buyers are poorly advised and then abandoned. Pinecote is the antidote — an end-to-end advisory and asset management solution.

Dale is a scratch handicap golfer and has previously competed at international level.

Career & Credentials

Over the course of his career, Dale has transacted over £2.5 billion of commercial real estate deals. This has spanned multiple sectors including a significant number of HQ offices, logistics units, multi-sector portfolios, leisure and retail.

These deals have taken various forms including straightforward property purchases and sales, forward fundings, company purchases and joint ventures.

Dale has become one of the most respected advisors in the UK commercial real estate market, having advised clients including Citibank, BLME, Legal & General, Aviva, LondonMetric, British Land, Pears, Aprirose and Telereal Trillium.

Emma Coe Photograph
people/emma-coe-web.jpg

Emma Coe MRICS

Head of Asset Management

Fifteen years of institutional asset management and investment experience gained at British Land plc, one of the UK’s largest listed REITs, and at Cushman & Wakefield. Emma specialises in strategic asset management and portfolio optimisation.

Emma is an intrepid marathon runner, having run the last three London marathons, and is now working through the six world majors.

Career & Credentials

Emma spent the first five years of her career at Cushman & Wakefield in their market-leading Investment Team, with a specialism in shopping centre purchases and sales.

Emma decided that she was more suited to a client-side role and moved to British Land, where she was involved in some of their most significant purchases and sales, totalling over £1 billion of transactions. She then moved internally to a senior asset management role and looked after several of British Land’s most high-profile schemes.

Having originated from a transactional background prior to becoming an asset manager, Emma has the rare experience of both sets of skills, which is key to her ability to drive value across portfolios.

Partners

Strategic partnerships.

Good advice rarely stops at the property. Across our mandate we draw on a small, settled group of specialists — people we trust and have worked with for years so that we have a seamless service across funding, property management, technical and legal due diligence. We take no fee from any of them, and we will always tell you who we have brought in and why.

Enquiries

Get in touch.

If you are an investor seeking a trusted UK advisor, or you have an opportunity or mandate to discuss, we would be glad to hear from you. All initial conversations are confidential and without obligation.

Pinecote Advisors — London, United Kingdom