CPBigwood is expanding its London operation with a move to new premises.
It follows continued growth and a consequent build-up of staff.
The firm is switching its offices from Naoroji Street, Clerkenwell, to King William Street, Monument-London Bridge.
CPBigwood has a number of senior staff working permanently in the capital and it is used as a base by many others whenever business dictates.
Leading figures operating out of London are Rupy Jandu, senior property manager for London and the South East, property manager Jenny Cousins, property manager Ross Hollingshead, and London accounts manager, Mark Lewis.
They followed partner and former Leicester, Moseley and Barbarians rugby player Bill Drake-Lee who spearheaded the move into London in 2012 to service clients in the South-East and develop business, in particular pitching for CPBigwood to manage newly completed apartment blocks and mixed use developments.
Subsequent successes have included Macaulay Walk in Clapham, a mixed-use residentially-led scheme in the heart of Clapham Old Town being developed by Grainger plc, the UK’s largest listed residential property owner and manager, Saffron Square being developed by Berkeley Group, a mixed-use development of apartments, penthouses and commercial units in Croydon, which is currently 43 storeys high but with another ten to be added, cementing its place as the tallest in the town, together with the recent appointment at Southside, London Bridge.
Ian Smallman, partner in the residential service charge department, said: “The office has been expanding fast.
“The new base is in a more central location which will be even better for clients and staff alike.
“We have been recruiting additional property management staff and needed extra space. The London operation is bringing us fantastic opportunities. It is about understanding customers’ needs – developers, freeholders and leaseholders.”
CPBigwood moved in to the new offices on Monday, December 1.
Mr. Smallman added: “While the London economy has calmed down a little it is still very strong.
“There remains high demand for prime residential property and lack of supply to meet this demand, which developers are keen to take advantage of. The demand is being driven by overseas buyers who view the London residential market as a safe investment providing good returns. “Initially, from our London office, we are managing apartment blocks and mixed use developments, with the lettings side, auction sales and other services to follow in time.
“We build teams specifically focused on delivering a service that the individual investor or developer requires – not a one size fits all approach that all too often lacks precision both in planning and delivery.
“More and more inner city blocks and regeneration schemes comprise residential and commercial uses that require management and, it helps a lot with the uniformity of estate management when one company can manage all aspects of a development.
“Drawing on the experience of our qualified residential and commercial managers CPBigwood are able to prepare service charge and management strategies for mixed use developments, and developers and investors can feel confident that the strategy for their development works in practice and that the management will be undertaken by one company.”
CPBigwood has 25,000 residential units under management across the country.
Mr Smallman said: “CPBigwood recognise that flexibility is required, with some customers needing a higher level of service than others especially for prime London properties.
“Our residential clients include national and regional developers, freehold investors, institutional investors, resident management companies and resident associations. On the commercial side we act for a large number of clients including national occupiers, institutions, public bodies, charitable trusts and institutional and private investors.”
