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Significant growth leads to director promotions for GVA Grimley Property Management Teams

Pictured above: Sharon Reilly and Guy Thompson at Brindleyplace

 

The growth of GVA Grimley's Property Management teams in Birmingham has created one of the largest specialist departments in the UK, leading to the promotion of two directors within the 142 strong team. 

Sharon Reilly has been promoted to a director within the Property Management Accounts team, while Guy Thompson has been promoted to a director within the Property Management Consultancy team. Their teams have grown by 43 per cent over the past 12 months. The annual rent payments collected on behalf of GVA Grimley's landlord clients now amounts to £450 million, while the service charge payments collected from occupiers have virtually doubled in the past 12 months to close to £100 million per annum.  

Ian Stringer, Regional Senior Director of GVA Grimley's Birmingham office comments: "The strength of our award-winning Property Management department in Birmingham has led to unprecedented growth over the past 18 months, despite the challenging market. Time and time again, our team has demonstrated to clients how much more efficient and effective it is to outsource their property management requirements to us. Our specialist team are leaders in their field and the experience they bring to the table can prove invaluable, especially at a time when the economy is so fragile. 

"GVA Grimley was founded in Birmingham in the 19th Century and our office in Brindleyplace continues to be the largest office outside of our London headquarters. The tremendous track record of the Property Management division has seen a number of our national clients choosing to centralise their operations with us and run their whole account from our Birmingham office. Directors such as Sharon Reilly and Guy Thompson - who we have recently promoted - have earned national reputations and are rapidly growing their respective teams to respond to client instructions."

Fuelling the unprecedented growth of the Property Management division was the recent expansion of GVA Grimley's contract with the Royal Bank of Scotland. The Birmingham office now manages approximately 3,000 properties for the banking giant across its UK, Offshore and Ireland regions. 

Another key instruction that has contributed to the recent growth is the Max Industrious property portfolio that comprises 1,200 commercial units, amounting to a total of 7.5 million square feet of predominantly industrial premises in 85 locations. GVA Grimley's Birmingham office provides property and asset management services, together with full financial management, including property accounts and corporate accounting. 

The team has also recently been reappointed by Urban Splash to manage the service charge and utilities at its flagship Fort Dunlop building. GVA Grimley has also continued to provide comprehensive property management services to the Brindleyplace estate, following the acquisition by Hines Moorfield this summer. GVA Grimley has managed Brindleyplace and The Water's Edge since its inception in 1994, which now equates to 92,900 square metres of office space and 9,290 square metres of retail, restaurants, bars, the City Inn hotel, as well as leisure attractions. 

 

 

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Article published by Midlands Business News on 14 December, 2010

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Articles submitted by GVA Grimley:



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