Yorkshire property experts launch new firm
A NEW property consultancy business has been launched by two of Yorkshire’s best-known commercial property agents.
Toby Vernon and Roger Haworth have left CBRE, where they were both senior directors, to found the Sheffield-based Commercial Property Partners.
Before joining CBRE, they opened the northern office of M3 in May 2007 which was a specialist industrial and logistics agency practice. M3 was subsequently bought by CBRE.
Vernon said: “We felt this was the right time to branch out on our own. Our new business will be a regional practice, focussing on transactional work including leasing, sales, acquisitions and investment brokerage.
“Our regional focus will be on Yorkshire, the North Midlands and the North East. Few, if any, of our rivals cover this extensive area from one office, so our large geographical scope will give us a major advantage when advising our clients and sourcing and concluding deals.”
Roger Haworth added: “We are hitting the ground running, with over 3m sq ft of buildings to market, together with 550 acres of development land. We are optimistic about the property market within this region. The market has been through a tough few years, but it is now definitely improving with increasing levels of occupier demand. We have seen strong levels of take-up over recent years, which have re-balanced the levels of building supply within the region.
“We are also witnessing improved investor demand seeking good returns within our region. Pricing remains attractive, particularly when compared to other areas, and the rise in leasing activity has led to increased investor appetite.”
