Alex Butler has returned to the National Investment Team at Allsop to spearhead a dedicated service advising private investors targeting commercial properties where the value of investments are between £2 million and £10 million.
This specialist approach has been in response to patterns of the rapidly improving investment and debt market, and the resurgence of private investors who in the past 12 months to June 2014 completed 475 transactions, within this bracket.
Sales from these deals have amassed £1.4bn against £1.2bn in the previous year of which 71% were in the regions (compared to 60% a year ago). It clearly shows a significant rise year on year and an opportunity in the market to provide a professional service within the UK and abroad.
Alex’s years of experience has ensured he has built up an unrivalled network of buyers and sellers ranging from property companies to private individuals and foreign investors. Over the past 18 months he has been involved in the sale and purchase of over 20 assets with a total value of £80m+. Alex was integral in the formation of The First Investor fund, which focuses on Middle Eastern Investors active in the industrial market and he has bought £20m of single-let industrial property – the intention is to double the size of the fund over the next 12 months.
This new partner-led approach strengthens the services already provided by Allsop’s National Investment team. It also ensures an overall cohesive approach with the Commercial Auction Team, adding further value and cost effective advice by opening up the opportunity for two methods of sale, through one agent at one fee.
Notes to editor
Allsop is an independent property consultancy with a market-leading reputation for high quality service, integrity and innovation. We are also well known as the UK’s largest and most successful auction house. Our success is built on over 100 years’ experience in commercial and residential property consultancy and sales.
If you are interested in finding out more about this division or to arrange a meeting with Alex to discuss requirements please contact:
DL +44 (0)20 7543 6722
M +44 (0)7801 219 888