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Office News
BIG numbers have meant a big deal to a Nottingham property consultancy after it was named most active agent in Nottinghamshire and Derbyshire by the industry ‘bible’.
FHP, based on Oxford Street in the city’s traditional professional quarter, completed more than 400 transactions across the region last year, securing £100 million in sales and more than £20 million in rental income for a range of commercial property clients.
Now the firm, run by David Hargreaves and John Proctor, has been crowned Most Active Agent in the two counties by the industry magazine Estates Gazette, the award based on the number of commercial property transactions completed in 2012 and the first quarter of 2013.
There was also a second individual award on the trot for surveyor Mark Tomlinson, who works in an office and industrial team at FHP which has been involved in some of the most high-profile transactions in the region
Tomlinson was named ‘2013 Most Active Deal Maker’ in Nottinghamshire for the second year running following a previous award in 2012.
He said: “I am delighted to be named Most Active Deal Maker for the second year running. These are challenging times in the commercial property market and last year was no exception but there is certainly some positive activity in the market to shout about.”
While FHP notched up a series of landmark deals, among them massive warehouse lettings to Marks & Spencer and Co-operative Group on behalf of industry giant Clowes Developments, Tomlinson says he has also seen growth in demand from small to medium-sized occupiers in Nottingham.
“Certainly we are seeing that demand at the smaller end of the market from SMEs has increased on previous years in the city” he said.
“This is evidenced by the Nottingham Office Forum Market Review figures which highlighted that 60 per cent of office transactions in the city core were on buildings under 3,000 sq ft.”
He added: “We are also experiencing increased levels of demand for industrial property, which is the stronger market at this time with more positive levels of demand from manufacturers, motor trade, distribution and trade counter operators.”
“These awards from Estates Gazette are a testament to the strength of the multi-disciplinary team at FHP, which enables us to offer experienced, specialist advice in all the major areas of the commercial property market, whether it is to developers, occupiers or investors.”