A team of leading Leeds property figures have established a niche property management firm, Propstone, in response to market demand resulting from increased investment into the property sector. Headed up by former Knight Frank partner, Philip Speight, Propstone combines the expertise of GMI Property’s Managing Director, Chris Gilman and
Town Centre Securities has agreed a 25 year lease with Premier Inn to create a new 136 bedroom hotel at its Whitehall Riverside scheme in the West End of Leeds. The Leeds-based property and investment company has worked closely with Leeds City Council on its masterplan for the regeneration of
Leading housing and regeneration specialist Galliford Try Partnerships, which markets its homes under the award winning Linden Homes banner, has submitted a planning application for the redevelopment of the Greyhound Stadium in Ellesmere Port. This application follows Cheshire West and Chester Council naming the company as development partner for former
A team of leading Leeds property figures have established a niche property management firm, Propstone, in response to market demand resulting from increased investment into the property sector. Headed up by former Knight Frank partner, Philip Speight, Propstone combines the expertise of GMI Property’s Managing Director, Chris Gilman and Partners from Crowther Turnbull Booth, Andrew Crowther and Chris Booth who all identified a need for a stand-alone property management firm. Propstone will draw upon Philip’s expertise of working with an extensive and varied client base to offer a dynamic property management service which combines the technological capabilities of a larger, multi-disciplinary practice with a dedicated personal service. In addition to managing GMI Property’s existing portfolio, Propstone will be working with property companies across the North of England to enhance portfolio value and deliver a comprehensive solution to all aspects of property management. Philip Speight comments; “Investor interest in the regions continues to strengthen and as a result, in addition to increasing activity from established investment firms, we are continually witnessing new entrants to the market with property and facilities management requirements. As such, now is an opportune time to establish a niche operation to offer a dedicated, innovative service.” Chris Gilman continues; “Our own experience client-side highlighted the gap in the regional market for a forward-thinking and committed firm to work in partnership with organisations to offer a professional and uncomplicated service. Philip is one of the region’s most respected property management specialists and we are confident that Propstone can capitalise on the positive market conditions to create strong partnerships with property firms in the north of the country. We are delighted to announce the launch of this exciting new collaborative venture.” Propstone’s head office is at 41 Paul’s Street in Leeds City Centre.
Town Centre Securities has agreed a 25 year lease with Premier Inn to create a new 136 bedroom hotel at its Whitehall Riverside scheme in the West End of Leeds. The Leeds-based property and investment company has worked closely with Leeds City Council on its masterplan for the regeneration of the West End of the City and already has outline consent to deliver 375,000 sq ft of office accommodation spread over three, eight-storey buildings, 18,500 sq ft of restaurant and café space which includes a stand-alone pavilion unit, 8,500 sq ft of leisure space and a 500 space multi story car park all on the south side of Whitehall Road in Leeds City Centre. Kevin Murray, Head of Acquisitions (North) for Premier Inn, said: “We are delighted to be investing in this exciting new development in a such vibrant part of Leeds. The new 136 bedroom Premier Inn will add another excellent location for our customers as well as delivering fresh investment and creating new jobs for the local area. “We look forward to working with our development partner, TCS, to bring forward our new hotel.” The new 9 storey hotel, designed by Cartwright Pickard, will form a key element of the mixed-use scheme and GMI Construction has been appointed to deliver the hotel with completion scheduled for the first quarter of 2017. Sanderson Weatherall and BNP Paribas acted for Town Centre Securities in securing the deal and WSB Property Consultants LLP represented Premier Inn, on their second deal in the City in the last 6 months. Edward Ziff, Chairman and Chief Executive of Town Centre Securities PLC, said; “The Whitehall Riverside development is crucial to the long-term regeneration and vibrancy of the West End of Leeds. We have worked closely with the Council on the preparation of the masterplan to ensure that it meets the wider regeneration plans for the area. The delivery of a new Premier Inn hotel will support both the existing and future office and leisure development within the vicinity and we are looking forward to seeing work underway in due course.”
Leading housing and regeneration specialist Galliford Try Partnerships, which markets its homes under the award winning Linden Homes banner, has submitted a planning application for the redevelopment of the Greyhound Stadium in Ellesmere Port. This application follows Cheshire West and Chester Council naming the company as development partner for former greyhound racing track in December. The plans outlined for the in 10-acre site, located off Thornton Road, which went on sale in 2015, will see Partnerships create 155 mixed tenure homes car parking and extensive landscaping. Of those 110 of the units will be for open market sale under the Linden Homes North West brand and 45 will be affordable homes to be built for Cheshire West and Chester Council. If planning is approved, Galliford Try Partnerships aims to start construction in Spring 2016. Darren Leary, development director at Galliford Try Partnerships, said: “We are delighted to have been selected by Cheshire West and Chester Council for the redevelopment of such an important scheme. It is testament to our proven expertise in delivering both high quality and affordable housing projects. We have worked in partnership with the Council to develop plans to support the continued regeneration of the Ellesmere Port.”
