Principle clinches major Moseley management win
Birmingham-based Principle Estate Management, has won another major contract to look after a prestigious new development of 36 luxury apartments in Moseley which is currently under construction.
The development named Oakview (www.miapropertygroup.co.uk/oakview) will be taken into management this year and consists of a three and four storey block at 37-43 Wake Green Road.
During the construction period Principle has been advising on the structure of leases, the apportionment and level of service charges and advising on design – highlighting long term management issues and providing solutions.
Joe Jobson, director at Principle, said: “Our client MIA Property Group has a long history of restoring property to the highest standards.
“They are known throughout the Midlands for transforming unloved properties into modern living spaces. While MIA Property Group has previously concentrated on single dwelling units, they are now moving into full development with Oakview one of five sites currently under construction across the West Midlands.”
Zahir Ahmed, a director of MIA Property Group, said: “We are delighted to be bringing such fantastic living spaces to the area and we are very confident that in appointing Principle to manage Oakview it will be in very safe hands.”
Mr Jobson added: “Over the course of the next 12 months, Principle Estate Management is set for expansive growth and it is through building fantastic relationships with the likes of Zahir at MIA, who has shown fantastic faith in us, that has enabled us to do so.”
Launched in 2018, Principle has since grown from what was virtually a one-man band into what is now 35 staff looking after a portfolio of 8,000 units in 300-plus developments across the UK.