Pictured above: Building Consultancy team
The last 24 months have been challenging at best, with many
businesses across all industries facing decline and even closure as
the UK starts to emerge from the sharpest financial downturn ever
seen.
While the commercial property market may not be out of the woods
completely, the Birmingham office of national consultancy, Lambert
Smith Hampton (LSH), is bucking this market trend by expanding its
team when many others are downsizing.
Alexa Cotterell, Head of the Building Consultancy department in
LSH's Birmingham office, explained: "As an office we have just
completed the last financial year on budget and on performance,
with our department exceeding performance expectations too. The
team has a confident growth strategy for the forthcoming year, and
to kick-start that growth we have already appointed two new team
members - Michele Wright and Jonathan Cooke. This gives us an
11-strong Building Consultancy team to service new and existing
clients in the West Midlands."
Michele joins the team from Northcroft Consultants as Senior CDM
(Construction, Design and Management) Coordinator and Health and
Safety Consultant. She will be responsible for developing an
already established CDM service, with additional services including
site conformity inspections and site waste management plans. Having
graduated from Birmingham City University, Jonathan will launch his
career at LSH with projects including the refurbishment of four
terraced industrial units and various dilapidations cases.
Darron Owen, Director in the team, added: "If we are to build
further on the success of the last financial year, we needed to
invest in the most pivotal part of our service delivery - our
people. Michele and Jonathan are already making important inroads
to strengthening client relationships and winning new business,
which is no mean feat in a recovering but volatile market."
The team is currently involved with some of the highest profile
buildings in the West Midlands. It is currently project managing a
60,000 sq ft refurbishment of a city centre premises, and a
£1m external over-roofing, cladding and refurbishment scheme
of office accommodation in the Black Country. The department also
gets involved in some more unusual projects, such as the
brick-by-brick relocation of a listed period property in Stone,
Staffordshire."
At a time of decline in the wider market, LSH's national
Building Consultancy division's headline figures tell a more
encouraging story:
- 95 building consultancy
surveyors throughout the UK
- Circa 6.5 million sq ft of
property surveyed annually
- 1000 dilapidations worth
£131 million managed annually
- Project services provided
annually on projects worth in excess of £300 million
- Project Manager on two BCO
award-winning projects in the Midlands and South East.
- Client satisfaction: 100% of
clients surveyed would use the team again. 95% recommend our
services.
Ian Kibble, Head of LSH's Birmingham operations, added: "We are
determined to make a real statement in the West Midlands' property
market. First and foremost this means making high profile
appointments that bolster our teams and deliver multi-service
projects to clients. The arrival of Michele and Jonathon follows
closely in the wake of Alastair McChesney's welcome to the Office
Agency team, and last year's appointment of regional property
heavyweights, Peter Burford and Julian Shellard, as
Consultants."
It may not be immediately obvious why certain property service
lines, when delivered consistently well, are able to go against the
grain when other market players are struggling. Alexa explains:
"Property accounts for a huge percentage of a business'
expenditure, with rent making up only around 60% of total property
costs. It is unsurprising, therefore, that a recessional market has
prompted occupiers to scrutinise their occupational costs more than
ever before.
"Consequently, we are conducting many more space audits to
evaluate occupiers' actual working requirements. Current Government
'best practice' suggests that businesses cater for a maximum of 80%
of staff, given the increase in flexible and mobile working. By
reviewing business space usage, tenants are able to make more
efficient and cost effective use of their offices. Furthermore,
owners and landlords are recognising that the best way to generate
value is to preserve and improve the quality of a property
portfolio. Some are even undertaking complete refurbishments in
order to deliver high quality, modern workplaces which attract
higher rents and corporate occupiers with stable, long term cash
flows."
As property owners and occupiers realise the cost savings and
efficiency improvements to be gained from their premises, demand
for Building Consultancy services has helped the LSH team weather
the economic storm. Alexa added: "While budgets might come under
more scrutiny these days, savvy occupiers and landlords know that
scrimping and scraping on property and fit-out quality will not be
sustainable in the long-term."
For further information on Lambert Smith Hampton, please visit
their website here: www.lsh.co.uk