Chancerygate has announced it is to open an office in central Bristol as the industrial developer and asset manager seeks to further grow its activity throughout the South West and into South Wales.
The new office will be led by former St Modwen Industrial & Logistics managing director, Rupert Joseland, who will join Chancerygate in September as development director.
During the past three years, Chancerygate has successfully delivered more than 568,000 sq ft of Grade A industrial space across five developments in the South West worth a combined £76m.
These comprise Vertex Park and Warmley Business Park in Bristol; Festival Trade Park and Furlong Park in Cheltenham and Apollo Park in Yate.
The new Bristol office will allow Chancerygate to expand further into the South West region and also into South Wales where the company is already actively looking for development sites.
Commenting on his appointment, Rupert, who lives in Bristol, said: “Chancerygate is a progressive company with a clear strategic growth plan for the South West and South Wales.
“I have watched the business continue to gather momentum over recent years so, when the opportunity arose to lead a regional office where I live, it was one I wanted to take.
“Chancerygate has a deserved great reputation for successful speculative development, an excellent product and acting quickly and decisively to get things done.
“I am looking forward to taking that refreshing approach to industrial development to an even wider audience in the South West and into South Wales.”
The opening of Chancerygate’s Bristol office follows the successful launches of a Birmingham office to serve the Midlands in 2018 and a Warrington office in 2015 to focus on the north of England and Scotland.
At present, Chancerygate has more than three million sq ft of industrial space under construction or ready for development across 23 sites ranging from Bournemouth to Edinburgh.
Chancerygate managing director, Richard Bains, said: “We are very pleased to have appointed Rupert to lead our new Bristol office as part of Chancerygate’s continued expansion throughout the UK.
“He is ideal for the role, bringing with him 20 years’ experience, and is highly regarded by his peers within the industrial and logistics sector.
“His extensive understanding of developing throughout the South West and South Wales will give us an immediate operational boost whilst his astute market knowledge will accelerate our growth plans.
“Under his leadership, we fully expect to be growing our development and project management teams in the Bristol office in due course.”
Founded in 1995, Chancerygate is the UK’s largest multi-unit industrial developer and asset manager and the only one operating nationwide.
The company also manages in excess of £255m of assets across more than five million sq ft of commercial space in more than 390 units.
