Client: Castle Square Developments
Banks Long Lead: Sarah Pettefar
Brief: Castle Square Developments Limited is a local private investment company and a long-standing client of Banks Long & Co.
After working with the firm in projects across a range of sectors, Castle Square asked Banks Long & Co to manage a mixed portfolio of commercial properties on their behalf.
This portfolio, which includes the client’s pension fund, covers industrial, office, retail, leisure and restaurant space across the United Kingdom, from Sleaford to Lymington, Hull to London.
Banks Long & Co Solution: Castle Square’s portfolio has widened over the years, as the company continually invests in properties across the region.
Banks Long & Co is trusted with the rent collection, service charge management and agency work involved in each of these sites, which include established brands such as Ladbrokes, McDonald’s, Bairstow Eves and Topps Tiles.
Within Banks Long & Co’s management portfolio lies a core stream of contractors that the firm can use and trust across the region. As members of Property Agents Independent (PAI), the agents rely upon the recommendations of peers within the sector to ensure only the very best contractors are used, no matter the location.
Results: The rent collection, service charge management and agency work for this extensive, diverse portfolio has been managed and conducted seamlessly.
The Banks Long & Co Management and Professional Services team has operated at a consistently high level, working closely with the client and range of tenants within this national portfolio to maintain strong relationships and negotiate competitive contracts and prices for all parties.
Castle Square Developments Finance Director Matthew Karran said, “We have worked with Banks Long & Co for many years and received vital strategic advice on both our existing portfolio and new acquisitions. The team have considerable experience from investment/development consultancy and lettings agency to project and property management.”