JPM takes assets under management to £160m with latest deal
20 November, 2019
JPM has been appointed by Quidnet REIT to manage Hawkley Brook Trading Estate, taking its total property assets under management to circa £160million.
JPM manages more than 500 commercial tenancies with a rent roll of over £13million.
Hawkley Brook is a multi-let industrial trading estate comprising 16 individual units, totalling circa 85,000 sq ft. Part of a well-established industrial area, it is very well located just 3 miles from Wigan town centre, and with immediate access to the motorway via J25 of the M6.
The appointment is the latest of several in recent months, with Hawkley Brook now joining JPM’s portfolio of industrial assets under management, including Liverpool’s Brookfield Business Park, Glebe Road in Skelmersdale and F30 in Aintree.
Peter Williams commented “Hawkley Brook joins our client portfolio following a strong period of growth for JPM. Asset management has become increasingly complex, so it is more vital than ever to have an advisor in place who can take a complete, holistic view of the entire portfolio with decisions taken strategically and in line with the client’s wider objectives.
“Hawkley Brook has recently undergone extensive refurbishment, high quality industial stock in the North West, has meant the remaining vacant unit has seen strong interest”.
We are delighted to be involved with this Industrial Asset.
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