Major contract win for Principle to manage 13 developments across England

Principle Estate Management (Principle), the UK’s fastest growing residential estate management business, announced today a major new contract to manage 13 sites across six English regions instructed by Estates & Management Ltd. This is the first time the company has been instructed by Estates & Management Ltd (E&M), one of the biggest asset managers of leasehold properties in the UK.

The sites include Briarswood in Biddulph, Staffordshire; Allinson Court in Kings Lynn, Norfolk; Stoneleigh and The Strand, both in Leicester; and Thraves Place in Radcliffe-on-Trent, Nottinghamshire.

Other sites include Harbour Crescent in Portishead, Somerset; Cooksey Road and Minster Drive in Small Heath, Birmingham; While Court, Marina Court and While Road in Sutton Coldfield; Mercia House in Ashford, Surrey; Clements Way in Liverpool; and Stafford Street, Bedminster.

Brett Williams, Managing Director of Principle, explained the new contracts involved taking over from seven different managing agents following an extensive review carried out by E&M.

Mr Williams said: “I have worked with E&M since 2001 and it is fantastic to have this longstanding relationship continue.

“Our mobilisation team are managing the handovers from previous agents and our property management team led by Principle’s Operations Manager, Ian Smallman, are visiting all the new sites and residents. I am certain they will soon settle into management at these developments.”

Emma Graham, Portfolio Manager at E&M said:

“We have an important role as custodians of the developments in which our leaseholders or their tenants live. It is our policy to employ firms that are comprised of experienced property professionals with technical, compliance and leading customer service skills who we and our leaseholders have confidence in.

“We are assured that Principle meets all these requirements and look forward to seeing them in action.”