Raft of new instructions for building consultancy
Commercial building, project and sustainability consultancy Jones Hargreaves has built on its recent growth and expansion with a raft of new professional instructions.
Despite the transactional market undergoing changeable investor demand and price shifts, Jones Hargreaves has found resilience in the market while completing more than 50 Technical Due Diligence (TDD) instructions in the past three months for key commercial assets including notable transactions at Hyphen in Manchester for Blue Coast Capital and One Sovereign Street, Leeds, for a private overseas investor.
Nationally, the team is currently working on more than 170 ESG, energy and building improvement reports for commercial premises totalling in excess of 4m sq ft for clients including London and Scottish Investments, LXi REIT and Adapt Real Estate. In September, Jones Hargreaves completed a large Reinstatement Cost Assessment (RCA) project across a portfolio of 112 properties, undertaking multiple inspections per day across all national offices.
The consultancy firm, which opened its newest office in Glasgow this month, also has offices in Leeds, Manchester, Cardiff, Bristol and London. From its southern offices, a total of 250,000 sq ft of refurbishment work has been completed in the last six months on behalf of Mileway across their industrial portfolio. This and additional work in the industrial sector has been complemented by further national office refurbishments with an order book of over £50m of landlord Capex packages and tenant fit outs across the company.
Jones Hargreaves, which has grown its team to 34 people this year, has also been instructed on a number of additional portfolio acquisitions and vendor surveys which will be completed over the next month.
Matthew Jones, founding partner at Jones Hargreaves, said: “This steady stream of due diligence and project instructions is testament to the work of our growing team, who go above and beyond to deliver high quality, bespoke advice for our clients. We’re focused on providing diligent, professional advice which puts decision makers in a strong position when considering the refinancing, divestment or acquisition of assets and portfolios, arming them with key knowledge and oversight which helps them to hold or increase intrinsic values.
“This has been a pivotal year of expansion for our business as we continue to work with investors, asset managers, business owners and owner occupiers to ensure that the commercial property sector can continue to innovate and stay ahead of regulatory changes.”
