Market Overview News

The end of February 2023 brought an end to my first six months at FHP Property Consultants. Having almost completed my studies I was immediately employed yet during my first two months of working I had to balance completing my dissertation whilst working full time. Pleasingly, this paid off as I achieved a Distinction in MSc Real Estate at Nottingham Trent University.

The first six months at FHP have gone by very quickly and I have adapted to the full-time work lifestyle, having previously had four years of being a student with unlimited free time! I have also learnt a lot in this short space of time, using the knowledge I gained from university and applying it to my day-to-day tasks. That being said, I have learnt far more in a shorter space of time working at FHP as I pick up on the experience that others around me have and I have equally benefitted from being out in the field gaining real life experience.

During my time so far, I have completed 6 commercial property deals with a further 10 currently under offer. Every day I am being trusted with more instructions and responsibility as I am now liaising with clients and placing properties on the market. My role at FHP is to deal with the sale, leasing and acquisitions of industrial and office buildings in Derbyshire whilst also assisting on retail and leisure too.

Back when I joined in August 2022, the market conditions were excellent with the industrial sector outperforming over the last couple of years. Looking at the office market there were more enquiries than expected with occupiers looking to downsize but to also improve their overall space. Towards the end of last year, the market saw a dip due to economic pressures with the high inflation rates and political instability, all while battling the ever-developing issue of the war in Ukraine. Thankfully the dawn of the new year has shown that despite economic uncertainty the property market remains strong, and we are still getting enquiries which are turning into deals.

Overall, I have thoroughly enjoyed my first six months here at FHP Property Consultants and I am looking forward to continuing my career here.

If you are interested in any properties we have please contact me on 07929 716 330 / corbin.archer@fhp.co.uk

ENDS

March 2023

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