Property management firm launched in Leeds
A NICHE management company has been set up by Leeds property leaders.
The company, Propstone, came about as a response to increased investment in the property sector.
It has been founded by Knight Frank partner Philip Speight. Its head office will be located at 41 Paul’s Street in Leeds City Centre.
Also on the management team is GMI Property’s managing director Chris Gilman, and partners from Crowther Turnbull Booth; Andrew Crowther and Chris Booth.
They felt the time was right to set up a stand-alone property management firm.
Propstone will be working with GMI Property’s portfolio, as well as property companies across the North of England.
Philip Speight said: “Investor interest in the regions continues to strengthen and as a result, in addition to increasing activity from established investment firms, we are continually witnessing new entrants to the market with property and facilities management requirements.
“As such, now is an opportune time to establish a niche operation to offer a dedicated, innovative service.”
Chris Gilman added: “Our own experience client-side highlighted the gap in the regional market for a forward-thinking and committed firm to work in partnership with organisations to offer a professional and uncomplicated service.
“Philip is one of the region’s most respected property management specialists and we are confident that Propstone can capitalise on the positive market conditions to create strong partnerships with property firms in the north of the country. We are delighted to announce the launch of this exciting new collaborative venture.”
Read next: Homes set for £50m Granary Wharf project
