Nelson Bakewell is planning to take a share of forecast City rental growth by hiring a well-known rent review specialist.
It has hired John Powell, Atisreal’s head of City rating and landlord and tenant.
He is one of a handful of surveyors who dominate City rent reviews, which NB has previously handled from the West End.
“We act for a lot of big City owners and occupiers. For the past few years, we haven’t needed a City rent review specialist, but we decided to appoint someone to pick up the next upswing,” said NB managing director of occupier services Tim Asson.
Agents are predicting rental growth in the City over the next 18 months.
Powell will become director of professional services at NB’s City office.
The firm has also appointed Stuart Agnew as director of investment in its Edinburgh office. Agnew joins after 20 years with DTZ, where he was head of investment in Scotland.
Alan Dornford, managing director of client services, said: “We wanted a figurehead for the Edinburgh office because of the calibre of clients we have up here Royal Bank of Scotland, Standard Life, Scottish Widows.”
NB has hired around 50 professional staff over the past nine months, a dozen of them senior directors.
References: EGi News 15/09/06
