Ryden is celebrating the second anniversary of its Manchester office with continuous growth.
Since its opening in July 2017, the company has been involved in over £100m of investment deals in the North West of England, including Royal London’s purchase of a 15-storey building on the corner of Mosley Street in Manchester, and it has over £50m in negotiation.
Beginning as a one person operation by Investment Partner Andrew Richardson, the office has subsequently grown to four staff, including Building Surveying Partner Ian Spencer. It currently offers three key service lines: investment, building surveying and strategic agency advice.
The Building Consultancy team in Manchester has also been kept busy carrying out Acquisition Surveys and providing related technical due diligence advice for over 30 properties across the North West in the last six months.
Dilapidations matters remain prominent as both landlords and tenants are becoming ever more focused on ensuring obligations and potential liabilities are realised and managed effectively.
This new base in England followed the firm’s opening of a London office in December 2016 through a merger with asset management and property investment specialist Mason Philips. In 2015, Ryden also boosted its long established presence in Leeds by merging with asset management firm Hill Woolhouse.
Andrew Richardson, Head of the Manchester office and Investment Partner at Ryden, said:
“In two years, we have built a strong and experienced team which is coming into its element, overcoming the current politic and economic uncertainty and creating opportunities for our long established client base.”
Matthew Edwards, Ryden’s Regional Managing Partner in England, added:
“Our team in Manchester is a key part of Ryden’s ongoing strategy to expand the business in England.
“It is remarkable to see how the turnover from the English part of the business has been increased by 152% over the last four years.”