Principle wins another major contract to manage a dozen more sites

A major national freeholder has appointed Principle Estate Management to look after 12 sites across the Midlands and north-west.

The new contract follows the success of Principle’s first instruction from Pier Management, the asset management subsidiary of the national freeholder Regis Group, to look after its properties in the Bristol area.

Daniel Harrison, managing director of Pier Management, said: “We have high standards for our property management as we take our responsibilities as freeholder very seriously.

“We therefore like owner-managed businesses, where our instructions matter to them, and we insist on agents regulated by the Royal Institution of Chartered Surveyors or the Association of Residential Managing Agents.

Brett Williams, managing director of Principle, explained the majority of the new sites were in its core area of the East and West Midlands, while the one in the north-west was close to another site it looked after just north of Blackpool.

Mr Williams said: “We’re delighted that the successful handling of our first contract with Pier Management has resulted in this additional work.

“We handle all types of property management for a variety of client types and have found that freeholders are becoming much more discerning about the agents on their panels.

“This means that historic relations are now only relevant if the current management is up to scratch.

“We have set ourselves up to manage properties properly and are continually looking to improve our service.”

He added: “It’s really rewarding to receive these frequent instructions from professional freeholders who we hold in high regard.”

The new sites include developments in West Bromwich; Walsall; Tamworth; Birmingham; and Brierley Hill all in the West Midlands.

Other sites are further afield and are in: Narborough, Leicestershire; Telford; Rugby;  Market Drayton, Shropshire; Worcester; and Nuneaton.