Property team secures selection of high profile instructions
Landwood Group’s commercial asset management division in Manchester has bucked the trend of a COVID-19 downturn with a raft of high profile new instructions.
The new business wins stretch across the team’s full range of property management disciplines, including service charge work, rent reviews, lease renewals and facilities management.
Highlights include a new instruction with Landwood appointed by Cervidae to manage its One Didsbury Point development.
The 60,000 sq ft, four-storey, Grade A office development sits on Princess Parkway, one of the main arterial routes into Manchester, with close links to Manchester Airport, M56 and M60.
At present it is occupied by Optegra, Carrier Travel, Bouygues and IBI Group.
Landwood Group’s commercial asset management team, led by director Anna Main, will deliver a full facilities and property management service to the building.
At the same time, a North West-based high net worth individual has instructed Landwood to manage his portfolio of six property assets across the UK, with a total footprint of 150,000 sq ft.
In London, the Cashlong Group has instructed Landwood to carry out rent reviews and lease renewals on its properties.
Anna Main said: “At this time, more than ever, businesses are looking for hands-on property management services from experienced, director-led teams. It’s been particularly pleasing that, even in a period of unprecedented uncertainty, demand remains high.
“Like every business, we’ve had to pivot and think what we can offer over and above our usual service. The focus is on minimising risk and maximising revenues in the short term, before we assess what the ‘new normal’ looks like later in the year.”
She added: “The Landwood Group goes further for our clients and that’s why our client base of high-net worths, property trusts and property owners appreciate a higher level of service.”
Landwood Group’s Manchester-based commercial asset management team enjoyed a strong start to the year before the disruption caused by coronavirus, with a number of new instructions from clients including Grant Thornton, FRP and Nikal.