Network Space Management (NSM), the group’s exciting new commercial asset and property management venture, has been acting on behalf of client InfraRed Capital Partners Ltd since November 2018.
Within the first 5 months of instruction NSM have increased the portfolio’s headline rent from £4.9 million to £5.2 million and occupancy from 95% to 98%. It’s a strong start for the NSM team which is now offering its expertise and experience on the open market for the first time after more than 30 years of managing Network Space’s in-house portfolios.
NSM’s comprehensive range of services for commercial property owners and investors of all sizes includes letting and sales agency support, asset management, property management, accountancy services and legal support.
These services benefit from the in-depth sectoral knowledge and skills of NSM’s experienced team.
Equally importantly, they are underpinned by significant investment in the latest CRM software - the bespoke and state-of-the-art SpaceMan system.
The company’s approach is simple:
- To develop a bespoke property management strategy for each client that aligns with the organisation’s individual commercial goals and business plan.
- To unlock and extract the maximum value from each property for each client.
- To work hard to develop and maintain positive relationships between landlords and tenants.
The aims of this approach are to:
- Optimise occupancy
- Maximise tenant retention rates
- Deliver strong returns
- Increase asset value
Commenting on the launch of the new venture and the first deal NSM Managing Director, Nicky Jones, said:
“This is an exciting time for the new business and we’re delighted to have completed this latest deal for InfraRed, bringing the Vector 31 scheme back to full occupancy. Our aim now is to make Network Space Management the asset and property manager of choice for clients across the North West, Yorkshire and beyond.”