CPP expands national portfolio with new client wins
December 12th, 2019
Commercial Property Partners (CPP) has recently increased their offering to CRT Property Investments, part of Coalfields Regeneration Trust, providing full property management services to their national portfolio.
The team, which is headed up by partner Matthew Fitzgerald, will now manage CRT’s full national portfolio comprising of approximately 620,000 sq ft of commercial space, with a rent roll of approximately £2.9m per anum, producing sites which include retail, office, and warehouse space nationwide.
The firm has been tasked with overseeing all areas of property management across the sites, including carrying out relevant inspections, managing service charges, liaising with tenants, ensuring Health and Safety requirements are met and guaranteeing each site is in line with statutory compliance.
The expanded role follows CPP’s management of Coalfield Regeneration Trust’s multi-tenanted portfolio in Yorkshire and the Midlands, which the property management team have done for a number of years.
The new instruction comes admist a recent contract services deal that the firm has signed with Henry Boot – one of the UK's leading and long-standing property investment and development, land promotion and construction companies.
The firm will be providing Henry Boot with properties and facilities management on a key project in Doncaster.
Fitzgerald said: "It is really positive for us to secure such a large portfolio of properties for us to manage. We are excited to build on our close relationship with Coalfields Regeneration Trust and to work with them to ensure we manage each site effectively and in response to their needs.
“The portfolio is varied with sites spanning a broad range of sectors nationally, we are excited to bring our expertise and specialist services to this expanded instruction.”
Shaun O’Brien at Coalfield Regeneration Trust, added: "With our Head office being based in Barnsley, its fantastic to be able to work with a experienced and well thought of firm who are immersed across the Yorkshire region and the rest of the country.
“We are looking forward to continuing our work with the firm and hope that this relationship will be a long and prosperous one.”
Coalfield Regeneration Trust is a company who is dedicated to supporting and improving the quality of life for 5.5 million people living in former mining towns and villages by helping them secure employment, increase skills and enhance their health and wellbeing.