Avison Young’s Property and Asset Management team has been instructed by JW Lees Brewery to manage its unlicensed portfolio across the north west. The 190-year-old, Middleton-based brewery manages commercial premises and residential buildings across the region as well as having a significant land holding. The remit will include rent collection on 40 properties as well as advising on maximizing the investment value of the portfolio.
In a further instruction, Avison Young has also been appointed by Regian Properties to provide full property and asset management services to two of its multi-let retail centres; the 36,845 sq ft Standishgate centre in Wigan and the 44,587 sq ft scheme at York Square, in Mexborough. Tenants of the centres include Iceland, Poundland, Betfred and Specsavers.
Commenting on the instructions, Avison Young’s asset management director Anna Main said: “JW Lees has a long history as a successful, family-run businesses and today boasts a significant property portfolio. This is a key instruction for a well-known land owner in the region and we are delighted to be appointed to support them. The additional instruction by Regian Properties shows the growing strength of Avison Young’s Asset Management and Property Management department and our expertise in the leisure and retail sector.”
She continues: “We have invested heavily in market-leading property management systems so we can provide instant financial information on asset performance and it is this high level of accessibility, information and knowledge within the team which continues to drive growth.”
Avison Young’s Asset Management team in Manchester now numbers eight with three recent appointments to the team this month. They have built a portfolio of clients right across the country and manage over 1,000,000 sq ft of space from Manchester, across the north and down to London.