Real estate advisor re-appointed to Brindleyplace

Avison Young has been reappointed to the estate management team for Brindleyplace in Birmingham.

Brindleyplace, which is also home to Avison Young’s Birmingham office, comprises more than one million sq ft of office space, 30 bars, restaurants, and cafes, as well as the Ikon Gallery, National Sea Life Centre and Crescent Theatre.

It is asset managed by global real estate investment, development and property group Hines.

Avison Young’s role as property managers includes handling rent collection, service charge allocations and budgets, occupier communications, building issues and regular inspections.

Alongside the announcement of it extending its property management role, it was also announced that the regional team will remain in its current office space at 3 Brindleyplace after signing a new lease.

Carl Potter, head of office for Birmingham at Avison Young, said: “Brindleyplace has been a wonderful home for the Birmingham office for the past 25 years and it has meant a great deal to us that we have been able to contribute to its evolution, maturity and growth while we’ve been here.

“The special relationship we have been able to nurture with the site through being one of the residents has meant we have been able to do great things and bring community value to the area.”

Raj Rajput, managing director – asset management, UK, at Hines, said: “Avison Young has been a great asset to Brindleyplace over the life of its contract, it has truly helped the site become what we all see today, which is a thriving hub offering a blend of both business and leisure.”

“The strength of Brindleyplace is its established presence as a major commercial estate in the city. Avison Young continues to help us bring this offer forward to local, national and international occupiers and we are happy to continue our relationship with the Birmingham team.”