Principle appointed to look after exclusive retirement village

Principle Estate Management has won the contract to look after an exclusive retirement village set in the West Midlands countryside.

Albany Meadows Ltd has appointed Principle to manage Albany Meadows on Albany Lane in Balsall Common, a much sought-after rural location between Solihull and Coventry.

Albany Meadows is an over-55 retirement development made up of 23 two-bedroomed apartments, 12 two-bedroomed bungalows and four three-bedroomed houses.

The homes are set in attractive landscaping to create a spacious, tranquil village environment, with a residents’ lounge and central village green providing communal spaces.

Mike Leto, project director for Amber Infrastructure – the long-term investors in Albany Meadows – said: “We will continue to be active stakeholders in Albany Meadows and therefore it was vital to appoint a customer-focused managing agent with the professional capability to manage such a prestigious scheme.

“Getting Principle involved at the earliest possible stage allowed them to provide valuable input, highlighting long-term management issues and providing solutions at the outset.

“The scheme built to the highest standards but we also needed to be mindful that ongoing service charge had to remain affordable and Principle’s experience and input was crucial in this area.

“We will continue to oversee the management of the completed development and feel that Principle will help support us in our objective to maintain high estate management standards at Albany Meadows for many years to come.”

Principle’s lead director on the contract is Joe Jobson, who joined the company earlier this year. He said: “Albany Meadows is going to be a fantastic scheme and one that Principle Estate Management is delighted to be involved in.

“We’re pleased that Amber has shown such faith in Principle, and we’re looking forward to working with owner-residents to make a great success of the development.”

The company is based at Cornwall House in Lionel Street, Birmingham, and offers a national property management service.