A Warwickshire-based firm of commercial property experts has overcome the challenges posed by the coronavirus pandemic to top a national poll recognising success in the market in 2020.
The NovaLoca Disposals Report 2020, published by commercial property search firm NovaLoca, ranked Leamington Spa-based ehB Reeves as the UK’s best-performing company for disposing of the highest percentage of its property portfolio.
The rankings, based on firms with an initial portfolio of at least 25 properties, revealed ehB disposed of 53 per cent of its real estate in the three months to December 1, replacing 32 per cent of them.
Director Simon Hain said the success was due to his team responding efficiently and diligently over the COVID-19 period, managing both their clients’ expectations and those of tenants and buyers.
He said: “Out of adversity, you sometimes see a positive and proactive move to start new business as they relaunch and adapt – and that is what has happened this year.
“This has translated into an excellent uptake of commercial properties covering our areas of expertise. We have been very much open for business throughout the pandemic and haven’t used it as an excuse to sit back and wait for the market to improve.
“We put ourselves out there to help and advise, often going beyond the remit as a commercial property agent. That has paid dividends, earning the trust of landlords and tenants in difficult times.
“It is in all our interests to allow businesses to succeed rather that squeezing the last pound out of a deal at the expense of longevity and success. This is what I try to instil in our clients and tenants alike.”
Simon said the market opened up quite quickly following the first lockdown, but it didn’t take anything away from the success achieved.
“There has been an element of pent-up demand which translated into transactions following relaxation of the first lockdown,” he added.
“But whichever way you analyse the figures, this is a superb result for ehB and one which reflects very well on the hard work of our team, often in the most trying of circumstances.”
ehB Reeves was formed in 2018 by a merger between Leamington-based companies ehB Commercial and Reeves and Partners. The new firm enjoys a growing management portfolio in excess of £100 million.