Property Management Service Surpasses Ambitious Growth Plans - Blog

Property Management Service Surpasses Ambitious Growth Plans

Property Management Service Surpasses Ambitious Growth Plans

Residential George F. White 4th May 2023

We are delighted to announce our continued growth trajectory is well on track with record results from our Property Management service over the last 12 months. 

The department services both residential and commercial property following George F. White’s high-profile merger with Johnson Tucker last year. Impressive organic growth results include the number of managed units increasing significantly, rising by almost 40 per cent. 

This growth comes as the residential lettings market has experienced a strong trading period as demand remains high due to a shortage of properties, with landlords seeing higher rental returns and short void periods. The commercial market post-Covid is recovering well despite interest rate rises, with new commercial property development leading to an increase in property management instructions for George F. White. 

To support the department’s growing client base, the team which is headed up by Gary Robinson, Partner, and Donna Cheney, Senior Associate, has also grown - doubling in size over the last six months. With over 100 years combined experience within the property industry, the team of 11 manage in excess of 900 units across residential lettings properties, commercial units and block management, as well as ground rent processing of over £10m in rents annually.

Donna Cheney said: “Our service is growing rapidly thanks to the expertise and dedication of our team, in supporting clients as both the residential lettings and commercial markets have gone through a growth period. Something we are especially proud of is that this growth is all organic, with our reputation for a solid and professional service seeing landlords come to us.

“Our unique team structure has also fuelled our growth, with multiple offerings underneath one umbrella team, working for the benefit of clients. With rental and management under one roof, clients can rely fully on our team, rather than a mix of agents. This approach allows us to offer a tailored block management service, working on smaller developments where we have a personal relationship with the client. This means we can offer excellent customer service and communication, which is the biggest issue for our clients who come to us from other agents. It has been working exceptionally well and we have received four new instructions in the last month alone.”

Sally Hart, Managing Partner, added: “It is an exciting time for the business and the Property Management team’s continued growth puts us in an excellent position to support even more clients in a modern way, streamlining their support network. Our growth is down to our incredible team and their passion to give the best possible service to their clients, maximising opportunities for them. I’m really proud of our sustained growth and the roles we are creating for people to join our team and progress their careers in the sector.”

To discuss your portfolio please contact our team on 0333 920 2220.

                                

LOCATIONS

Northumberland & Scottish Borders
Tyne & Wear
County Durham
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ABOUT US 

GFW is a multi-discipline team of highly experienced Chartered Surveyors, Farm Business Consultants, Land and Estate Agents, Planning Consultants, Architects, Building and Commercial Surveyors.


2024 Copyright George F. White LLP trading as GFW. All rights reserved.
Company Registration Number: OC304694 Registered office address: 4-6 Market Street, Alnwick, Northumberland NE66 1TL

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