Property development company announces 100 new roles

A Lancashire-based property and asset management company, is creating 100 new roles after doubling the size of its construction business.

FI Real Estate Management, which has recently signed its 100th deal of 2022, manages assets totalling more than £1bn with more than 10m sq ft of buildings and land in its portfolio with plans to for a further 4.5m sq ft in the pipeline.

The business, which includes FI Facilities Management and FI Construction, has 1,062 tenants UK-wide and employs 300 people plus contractors.

FI Real Estate Management was founded by managing director and owner Tim Knowles, who kickstarted his business career when he bought a fishmonger’s shop in Chorley in 1982 and rented it out as a car valeting site.

Tim said: “It’s been a challenging two years because of Covid but the team has been outstanding and we’ve continued to grow across all areas of the business.

“The FI Construction team has more than doubled in size in the last 12 months and we’re looking to add another 100 staff across the business to take us to 400.”

The company is currently on site with nine construction projects in the UK with a value of £199m, including the development of 33 industrial units at Botany Bay in Chorley, totalling 403,747sq ft.

Other major commitments include the acquisition of 85 acres of land for new build industrial development at Wrexham Industrial Estate in North Wales and the refurbishment of 10 buildings costing £21m.

Tenants include the Department for Work and Pensions (DWP), IBM, NHS, EE, HSBC Bank, Zurich, RSA and American Express as well as hundreds of local businesses and independent traders.

Tim added: “I’m a Lancashire lad born and bred and I get a lot of satisfaction in basing my business here.

“A lot of people gave me a chance along the way and I’m blessed to have some amazing people around me as we embark on the next exciting stage of our growth story.”

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