Mainstay Group has announced the acquisition of a national property management portfolio, spanning London, Nottingham and Wallasey. The portfolio, formerly managed by Keith Perry Chartered Surveyors, officially transitioned to Mainstay on 1 July 2019 and will continue to be overseen jointly by Mainstay and Keith for the next 12 months.
A building is a place where you do business, work, live, or play. Read more about buildings in this link. This is an asset that will serve you for a lot of years if proper maintenance or preservation is followed. When you are doing business, you will make the impression
Damaged furniture, scratched walls and late removal vans are some of the most common ‘fails’ that sleep-deprived Brits face on moving day. A poll of 2,000 people who have moved home has revealed the most common disasters likely to cause them stress and sleepless nights before and after their big
Property maintenance can often seem like an exhausting and costly endeavour, with numerous aspects of a building to consider. By implementing a planned maintenance schedule for your building you can ensure that all elements of your premises are taken care of in a timely and cost effective manner. Here we
Horbury Property Services, part of the Horbury Group, has been selected to provide fire safety services for over 55s accommodation managed by Sheffield-based Arches Housing. The contract involves Horbury Property Services providing fire door replacement and fire compartmentation upgrades, which will be completed within a four-week schedule, as part of
Property services provider HML Holdings said Tuesday it had acquired property management business Residential Block Management Services located in Blackheath for £675,000. Residential Block Management Services (RMBS) had been operating as a block management services business in and around the Blackheath area since 2005. It had grown to manage over
The Leaders Romans Group (LRG) is thrilled to announce the successful completion of another acquisition – GPS Property Management. Based in Ravenshead in Nottinghamshire, the business has been owned and run by husband and wife team, Garry and Sarah Peacock, for the last eight years. The acquisition will see a
Please click on link to see Mainstay article in BDC Magazine April 2019 with Neal O’Grady, Managing Director of Integrated Property Management (IPM). For further information please contact Pip Gowenlock – Marketing and Communications Officer – PipGowenlock@mainstaygroup.co.uk – 01905 361 035 Mainstay article – BDC Magazine April 2019
Property management company Cycas Hospitality has acquired sought after hotel Staybridge Suites Newcastle. This is the 5th Staybridge Hotel to come under the Cycas umbrella. The hotel will continue to operate under the Staybridge Suites Newcastle name. Cycas Hospitality is already responsible for the property management of two hotels in the North West.
As property management goes, there are few businesses as broad and encompassing as Jones Lang LaSalle (JLL). Specialising in all things property, and offering a range of services to suit any and all property owners, the company has gained local, national and international esteem and continues to satisfy its clients
Mainstay Group has announced the acquisition of a national property management portfolio, spanning London, Nottingham and Wallasey. The portfolio, formerly managed by Keith Perry Chartered Surveyors, officially transitioned to Mainstay on 1 July 2019 and will continue to be overseen jointly by Mainstay and Keith for the next 12 months. It comprises substantial apartment blocks in Stoke Newington, Bloomsbury, and Bethnal Green, London, together with three smaller schemes in Nottingham, and the iconic Portland Court block, on the Wirral. Charles Lucas, Technical Director at Mainstay, said: “I’m very pleased to share the news of Mainstay’s latest acquisition, which forms a key part of our accelerated growth plans. “We felt it was important that Keith assists us with the onboarding process; he’ll be able to bring his wealth of experience and invaluable technical expertise, ensuring a smooth transition as we begin to welcome our new clients, and customers to Mainstay. “Mainstay is perfectly placed to handle the management of this national portfolio, as our team has a wide geographical spread and expert knowledge with high levels of customer service throughout our teams. We’re excited to build on the excellent service Keith has already provided, and bring the Mainstay experience to this new customer base. We look forward to continuing and sustaining the company’s growth in line with our 2020 corporate strategy and beyond and ensuring Mainstay properties are embedded into the wider communities they are present in”. The news comes hot on the heels of Mainstay’s recent appointments on the landmark Hallsville Quarter scheme in Canning Town, and Salford’s luxury Downtown development. Established in 2000, Mainstay was founded by Glyn Miles, Graham Donaldson and Andrew Tilly and now employs 726 people. With this latest acquisition, Mainstay will manage in excess of 80,000 homes UK-wide. The business is headquartered in Worcester however operates across the country – with schemes in Manchester, Nottingham, London and more in its portfolio. This year alone, Mainstay is on track to turnover a record-breaking £25.9 million in line with their 2020 corporate strategy.
A building is a place where you do business, work, live, or play. Read more about buildings in this link. This is an asset that will serve you for a lot of years if proper maintenance or preservation is followed. When you are doing business, you will make the impression to your customers, investors, and competitors that you observe proper cleanliness and hygiene when you regularly schedule cleanings. As a building owner you won’t to scrub several floors every minute of the day as you can always get the service of building maintenance companies to do those for you. Building maintenance is important because weather elements such as rain or ultraviolet rays of the sun can make the walls deteriorate easily. If you are a hospital facility, you need to pass the regular inspection of the government and other health organizations. You can prevent dilapidation, broken glasses, and loosened tiles when there’s regular maintenance. Maintenance is a necessary investment especially if you want to excel over your competitors, make your employees feel safe, and make a good first impression. You can also avoid unnecessary costs such as injuries due to damaged roofs or walls, repairs, and loss of profits when you have reliable maintenance staff working for you. Here are other reasons why maintenance is good for your business. Maintenance is important, but so are materials. If you go to the Materials Market, you will be able to get what you need. Why Get Maintenance? Save on Staff Employment Costs Asking your staff to scrub the whole facility on top of their work can be too much especially if you own a big building. They will be unhappy because they might need to do overtime. They will not perform well when they feel that they have to work for something that they did not sign up for. In addition to this, you need to pay them overtime wages, pay for the cost of training, and buy special equipment that is tailor-made for cleaning. This can blow up your expenses in a month. On the other hand, hiring building maintenance services that are in the business of cleaning huge facilities will help you a lot. You maintain cleanliness at all times. You don’t need to train them because they are already trained for the job, and they have their own equipment. When your employees see that you make an effort to have a clean environment, they can work more efficiently and will stay longer in the office. Outsourced Cleaning Companies have the Right Skills and Tools Whether it is for carpets, floors, or windows, outsourced companies have the right microfiber cloth or sanitizing wands that are great for removing allergens and germs. Expect to walk in an office where you can see gleaming floors, soft carpets, clear windows, and polished doorknobs. Some companies can guarantee you an excellent service whether you are in the manufacturing industry or you are maintaining an office space. The right skills of workers will save you lots of stress and hassles in the long run. Walking in a spotless lobby first thing in the morning will be worth the investment. The orderly and neat fashion that you can get from trained staff and a reputable cleaning company will allow your business to flourish. Daily Cleaning Service With building maintenance, you don’t have to worry about trash, dirty comfort rooms, or dusty chairs. The trash is removed every day, so you won’t have to worry about flies inside your establishment. They clean common areas such as lounges, dining rooms, elevators, stairwells, offices, and a lot more. Every corner is cleaned and there are inaccessible areas that they can reach through their tools. You can hire them to do the cleaning daily. This ensures that you will have welcoming lounges, spotless dining rooms, and vacuumed carpets every single day. You can read more about vacuums here: https://en.wikipedia.org/wiki/Vacuum_cleaner. Your employees or the tenants will appreciate it a lot if the building is well-kept. The Bottom Line A clean working environment is what you need for your business to flourish. Maintaining your building will keep it looking new and it will last longer. An injury-free workplace is an advantage because it will invite clients, investors, and other people who are interested in what you have to offer in your business. You only have one space. Make it pleasing to the eye and boost your employee productivity while you are at it. Hire the best cleaning company today!
Damaged furniture, scratched walls and late removal vans are some of the most common ‘fails’ that sleep-deprived Brits face on moving day. A poll of 2,000 people who have moved home has revealed the most common disasters likely to cause them stress and sleepless nights before and after their big move. Half of homeowners have experienced a ‘fail’ on moving day, according to the study. Thirty-one per cent have proudly brought a piece of furniture to their new front door – only to find it wouldn’t fit through it. One in 10 have even lost the keys to their new property before they arrived at their new home. As a result of the worry, one in eight prospective movers suffered a sleepless night ahead of their move. Half of movers grab fewer than five hours of kip in preparation. Joy Richards,spokesperson for Happy Beds, which commissioned the research as part of its Moving Home campaign, said: “Moving home can be an incredibly exciting time – but it’s also extremely stressful. It’s clear that this stress is affecting peoples’ sleep. “There are countless things that can go wrong, and it can feel as if you’re spinning plates trying to make sure everything goes to plan. “It’s really important, before moving, to plan ahead well in advance and get a great night’s sleep before the big day to put yourself in the best frame of mind.” Sleeping woes persist once the chaos of moving day is over. One in 10 believe trying to nod off in their new, unfamiliar home is the most stressful part of the entire moving process. And it will take an average of four nights before new homeowners get a proper restful night’s kip in their new digs. The moving disasters continue, with a third of respondents finding pieces of furniture broken in transit once they reach the other side. Twenty-four per cent also discovered too late that the previous owners of their home hadn’t totally finished moving out. Packing up the old house was revealed as the single-worst part of moving home, followed by the stress leading up to moving day itself. One in three also can’t stand the admin involved with changing addresses on forms and setting up new bills. Unsurprisingly, wardrobes were nominated the single worst item to move from one house to another, followed by sofas and delicate items like vases or mirrors. The average Brit has moved home five times in their life so far, according to the OnePoll.com research. Joy Richards, a spokesperson for Happy Beds, added: “Having professional help when moving can be really good for peace of mind. “As discovered in our research, many Brits will be sleep-deprived and completely stressed out by the time that first box is loaded into the van, so finding ways to take the pressure off and reduce the possibility of catastrophe are vital. “However, occasionally accidents do happen – so even if a beloved heirloom gets smashed, try not to lose too much sleep over it.” Mick Fallon, Director and Conveyancing Solicitor at Howells Solicitors, said that delegating tasks to supportive friends and family is an effective way of helping moves go smoothly. “The secret to minimising stress when moving home is to make the process as simple and straightforward as possible, from beginning to end. “Having the support of people you can rely on can really make the difference – taking the worry out of this exciting period of your life.” “If you can relax in the knowledge that the exchange and completion is in safe hands and will go through without a hitch, that is one less concern off your plate and you can concentrate on packing and unpacking again. TOP 20 MOST COMMON MOVING FAILS Damaged furniture Scratched walls Not being able to fit an item through the door Not being able to manoeuvre furniture up/down the stairs Not being able to manoeuvre furniture around a corner Boxes breaking and the contents spilling out everywhere The previous residents hadn’t totally moved out or left things behind The house wasn’t ready Not having everything packed up in time Delicate possessions breaking Removal van showing up late Lost boxes Feeling ill on the big day Friends who were meant to help cancelled last minute Losing keys Car/van breaking down Problems picking up a rental van Removal van getting completely lost Keys breaking in the door I got lost and couldn’t find the house
Property maintenance can often seem like an exhausting and costly endeavour, with numerous aspects of a building to consider. By implementing a planned maintenance schedule for your building you can ensure that all elements of your premises are taken care of in a timely and cost effective manner. Here we explore the top 5 reasons to employ a planned maintenance schedule. Compliance As a building owner or tenant there are numerous legislations and regulations which you must stay in compliance with to ensure a safe environment, and to stay within the law. From water safety checks, to electrical and fire equipment, each aspect must be carefully inspected and regularly maintained to confirm their compliance. A planned maintenance schedule ensures that your building undergoes necessary and regular compliance checks and receives appropriate maintenance as and when required. Minimise Breakdowns Without regular maintenance checks smaller and more inconsequential issues can turn into larger, more unmanageable repairs, and even complete breakdowns. Checking equipment and the fabric of the building regularly for potential faults will help to detect any issues before they progress. A comprehensive maintenance schedule will ensure that the entire facility undergoes regular maintenance checks and breakdowns of equipment will be minimised. Time Saving Whilst in the initial planning stages a planned maintenance schedule may seem time consuming, this process will help to save time in the long run. As equipment is checked on a regular schedule, the building or business owner can spend time more effectively elsewhere, without concerning themselves with the prospect of breakdowns or repairs. A blended strategy of reactive and planned maintenance would be suitable for most buildings to ensure there is regular maintenance occurring, along with having a qualified team on hand to respond quickly to a unexpected and reactive issues. Cost Effective Waiting for breakdowns or maintenance issues to arise before fixing them may seem like a preferable option, with no need for outgoing cost of regular maintenance checks. However, this strategy can be a very costly way of maintaining a facility, and lead to longer downtime whilst larger repairs take place. A planned maintenance strategy will help to reduce costs as unexpected maintenance issues are spotted during the regular checks, and can be dealt with before escalating into larger more costly repairs or replacements. Without planned maintenance it can be easy to ignore potential maintenance issues which can have knock on effects further down the line. Equipment Lifespan Replacing equipment within the fabric of a building can be expensive and time consuming, therefore being able to reduce the likelihood of replacements being necessary is highly preferable. Regularly checking equipment around the facility and repairing minor issues as and when they occur will help to maximise the life expectancy and value of the equipment, keeping it safe and efficient for longer. By employing a planned maintenance schedule and a qualified team to take care of the tasks in your facility, will help to ensure your building continues to function safely and within the law. Whilst having the appearance of being time consuming and costly, planned maintenance will inevitably help to prevent major issues and expenditures from occurring.
Horbury Property Services, part of the Horbury Group, has been selected to provide fire safety services for over 55s accommodation managed by Sheffield-based Arches Housing. The contract involves Horbury Property Services providing fire door replacement and fire compartmentation upgrades, which will be completed within a four-week schedule, as part of enhancing fire safety for residents. Richard Sutton, General Manager at Horbury Property Services, said: “This is our second major contract with Arches Housing and we are very pleased to be working with them again to enhance fire safety in one of their sheltered housing schemes. Fire safety is an essential requirement in all buildings, and we aim to ensure that the residents of Arches Housing are offered the best possible fire protection.” Luigi Iantorno, asset compliance & reinvestment officer at Arches Housing, said: “Horbury Property Services secured this contract as a result of a rigorous competitive tender. The upgrade to fire doors and fire compartmentation is an important part of our planned maintenance works as we aim to ensure our homes are as fire safe as possible.” As well as fire door and fire compartmentation services, Horbury Property Services provides a full range of works, which can form part of planned maintenance programmes. This includes ceiling and dry wall partitioning inspection, installation, repair and maintenance of fire doors, joinery works, fire stopping, sealing, fire compartmentation, fire alarm and emergency light testing, portable appliance testing, electrical testing and installation work, building fabric repairs as well as external cladding and render repairs. In addition, the wider Horbury Group provides painting and decorating, flooring refurbishment and installation, amongst others. The company has its head office in South Yorkshire, plus regional offices in London and South Wales, ensuring a truly national capability. This regional presence enables its teams to successfully deliver responsive repairs or large planned refurbishment and maintenance programmes. Arches Housing is a community-based social landlord, which was established in 1975 and provides more than 1,200 affordable homes in Sheffield and Rotherham. For more details, visit www.horburypropertyservices.com or call 01709 917555.
Property services provider HML Holdings said Tuesday it had acquired property management business Residential Block Management Services located in Blackheath for £675,000. Residential Block Management Services (RMBS) had been operating as a block management services business in and around the Blackheath area since 2005. It had grown to manage over 2,000 units in 160 blocks mainly in the South Eastern quartile of London. RBMS’ employees would remain with the business and operating from its existing offices. RBMS reported annual revenues of £803,000 for the year ending 31 December 2018. The transaction included additional performance related retention payments of up to £169,000 which would be subject to the achievement of certain criteria and be payable 12 months from the acquisition date. ‘We are pleased to welcome all the team at RBMS into the HML Group. The business will become a valuable addition to our network of offices in London and provide ideal coverage for us in this important geographical area,’ said Rob Plumb, Chief Executive of HML.
The Leaders Romans Group (LRG) is thrilled to announce the successful completion of another acquisition – GPS Property Management. Based in Ravenshead in Nottinghamshire, the business has been owned and run by husband and wife team, Garry and Sarah Peacock, for the last eight years. The acquisition will see a new Leaders office open in Ravenshead, to provide sales and lettings services to local residents and to support the neighbouring Leaders’ branches in Mansfield and Nottingham. The original GPS Property Management staff will continue to manage their strong portfolio of over 400 tenancies, whilst building on the business’ excellent reputation by delivering exceptional customer care through our variety of sales and lettings services. Matthew Light, Group Mergers and Acquisitions Director at LRG, says: “Recent months have seen us continue to expand with numerous acquisitions, adding several new portfolios and branches in key markets across the UK. “We are delighted to have acquired this well-respected business and we welcome its staff members to the LRG community. We are confident that they will continue to provide their fantastic customer service to landlords and tenants in Ravenshead, Mansfield and the surrounding areas.” Having now completed on over 150 successful acquisitions, LRG is the property industry’s leading acquirer, adopting a hands-on approach to help business owners achieve their objectives. The vast majority of employees acquired with businesses are retained and go on to enjoy long and successful careers with LRG, taking advantage of the fresh opportunities LRG are able to offer them. For further information on selling your business to the Leaders Romans Group, contact Matthew via email at mlight@lrg.co.uk
Please click on link to see Mainstay article in BDC Magazine April 2019 with Neal O’Grady, Managing Director of Integrated Property Management (IPM). For further information please contact Pip Gowenlock – Marketing and Communications Officer – PipGowenlock@mainstaygroup.co.uk – 01905 361 035 Mainstay article – BDC Magazine April 2019
Property management company Cycas Hospitality has acquired sought after hotel Staybridge Suites Newcastle. This is the 5th Staybridge Hotel to come under the Cycas umbrella. The hotel will continue to operate under the Staybridge Suites Newcastle name. Cycas Hospitality is already responsible for the property management of two hotels in the North West. It acquired Staybridge Suites Liverpool in February of this year with a hotel set to open in Manchester in 2017. Completing the Staybridge Suites portfolio are the London based Vauxhall and Stratford City hotels. Staybridge Suites Newcastle has been operating from its Buxton Street location since it opened in 2009. It currently ranks 2nd out of 81 hotels in Newcastle-upon-Tyne and also achieved 20th place in TripAdvisor’s Top Hotel of 2015. The property boasts 128 suites comprised of 95 studios and 33 one bedroom apartments. ‘A natural fit’ Speaking following the deal Managing Partner of Cycas Hospitality Eduard Elias said: “Newcastle is one of the most culturally and commercially dynamic cities in the UK. It has invested over £250m in transforming its cultural infrastructure. The city is well positioned on the high-speed East Coast mainline so most of the UK’s city hubs are just a short train ride away. New intercity trains are also due to run between Liverpool and Newcastle by December 2017. Newcastle’s accessibility, its skilled workforce and the presence of strong international companies makes it a natural fit for the extended-stay hotel market.” Cycas’ full portfolio extends even further. The company recently announced a deal with Starwood Capital Group for managing extended stay hotels in London Bridge, Tower Bridge, Bermondsey and Earls Court / Kensington. This makes Cycas the 2nd biggest operator of serviced apartment/apart-hotels in the UK’s capital. Jeremy Jones, Head of Brokerage – Hotels at specialist business property adviser Christie & Co added: “Strong interest was received for the Staybridge Suites Newcastle from a wide range of domestic and international parties.”
As property management goes, there are few businesses as broad and encompassing as Jones Lang LaSalle (JLL). Specialising in all things property, and offering a range of services to suit any and all property owners, the company has gained local, national and international esteem and continues to satisfy its clients and, in turn, their tenants, with its winning formula of care and attention. Specialising in real estate services and investment management from the very beginning, JLL has enlarged and diversified both its ambitions and services to become much of a one-stop-shop in property and asset management. Made up of two distinct strands, its business-to-consumer arm and more recently established, business-to-business arm, the residential management team boasts a portfolio of over 3,000 properties across the UK and this figure continues to grow month on month. Within such a large portfolio of properties, lies a diverse range of clients and, thus, a resounding variation in expectation. JLL strives to understand each individual client’s needs from the outset, as Samuel Winnard, Head of London Residential Property Management at JLL, makes clear: “We’re not working to predetermined terms and conditions, we’re managing to different and individual expectations, and our philosophy involves getting to know landlords and what they require of us. We’ve acknowledged that landlords are increasing busy, and they don’t necessarily have the time to get to grips with their legal responsibilities in what is heavily-legislated sector. Our role is very much advisory and, with unrivalled understanding of the sector, we’re able to recommend approaches and strategies specific to each client.” The company extends this same emphasis on personalisation to tenants themselves; making a conscious effort to not only listen to, but incorporate the opinions of residents within its services. [premium_content level=”2″] For JLL, communication is paramount and, in a world where, as Winnard accurately describes it, “Everyone wants something done yesterday,” JLL is incredibly efficient and promotes positive relationships in order to best serve clients and tenants. JLL’s keen attention to both client and tenant is arguably most valuable when it comes to advising investors on the new wave of Private Rented Sector (PRS) schemes coming to the market. Having transitioned management of the a PRS block in East London in March 2015, the company has since increased the rental income of the scheme by approximately 20%, generating some £3m per annum. This comes as a result of JLL driving service improvements, implementing upgrades of communal spaces and the establishment of a cohesive, community feel through a variety of resident engagement exercises. As a further indication that JLL has the perfect mix of expertise for the PRS market the East London scheme has also seen void periods of less than one percent, and zero aged rent arrears Like most managing agents JLL, and their clients, rely upon third party contractors to deliver maintenance services and the company is incredibly discerning when selecting partners. “Anyone we work with is viewed as an extension of JLL,” explains Winnard. “It’s crucial that sub-contractors demonstrate they meet our expectations and can perform with the same diligence we do. We have long established relationships with a modest number of key sub-contractors who are trusted suppliers and have committed to our customer charter.” Not only adding value from an early stage, but maintaining a meticulous and attentive approach throughout the management of a property, JLL offers security on investment and a personal touch to asset management. Despite possessing global reach, the company has yet retained its bespoke, comprising service and, it’s with that, that JLL continues to have a strong foothold in the market. [/premium_content]
