FHP Property Consultants are delighted to announce that Mark Tomlinson has been awarded Nottinghamshire’s deal maker of the year for 2014 by the Estates Gazette having completed the highest number of transactions in the County over the last 12 months. This follows from previous awards in 2012 and 2013.
Mark Tomlinson of FHP Property Consultants commented: –
“I am delighted to have won this award for the third year running, the market remains challenging but in spite of this I am pleased to have concluded over 60 transactions in the County last year which can only be a sign that the market is steadily improving.
Over the last 12 months in the office market we have seen a sharp decline in office availability in the professional quarter, resulting in a steady increase in freehold values and more bullish aspirations on rental terms for Landlords. We have also seen a noticeable increase in activity in the ‘Creative Quarter’ driven both by the funding for small businesses in this area and an appetite among Landlords to refurbish, which simply wasn’t there 12-18 months ago – finally companies have buildings to go to which match their creative nature.
Industrial activity is also improving, the main areas of activity being on properties below 5,000 sq ft and above 20,000 sq ft. The middle market is still a hard slog but hopefully increased confidence in the economy as a whole will see this change over the next 12 months.
Freehold demand is certainly there among owner occupiers in both the office and industrial sectors, although many are finding that the dearth of availability is holding back potential expansions and relocations, stifling market activity.”
FHP Property Consultants have also taken the overall award for Nottinghamshire’s most active agent for the third year consecutive year.