Posted on March 5, 2021.
2021 Co-Star Award Winner
FSP has been awarded the Co-Star Regional Investment Agency – Investment Award (West Midlands), for their outstanding performance across the 2020 calendar year.
Despite the tough market conditions from the Covid-19 pandemic, the FSP team completed a total of 35 deals. 16 sales and 19 acquisitions.
Within the West Midlands region, industrial deals included the acquisition of Units 1-5 Vaughan Park, Tipton, for £9.05m, the sale of Unit 100 Hartlebury Trading Estate, Hartlebury for £11.6m and the sale of Units C, E & F, Stafford Park 6, Telford for £14.5m.
Deals in other sectors included the sale of a modern office park investment, Apex Park, Worcester for £6.375m, the sale of a new build petrol filling station investment Spar, Wolverhampton Road West, Willenhall for £3.575m, and the acquisition of Sainsburys, Stoke on Trent for £10m.
Other highlights of the year outside the West Midlands included the sale of the 121 acre car storage facility in Corby, let to BCA, on behalf of LXI REIT for £67.65m and Granby Industrial Estate for £17.5m. The acquisition of Starbridge Portfolio (BP & M&S Petrol Stations) for £10.75m and Aviator 125, Ellesmere Port, Cheshire for £10m.
The deals, spread across multiple sectors in Industrial & Logistics, Roadside & Automotive, Offices, Retail & Retail Warehousing and Hotel & Leisure reflect the team’s broad and wide-ranging expertise in the investment property market.
Andrew Franck-Steier, Director: ‘we would like to thank Co-Star for the award, we are honoured to be recognised as Regional Investment Agency of the Year. 2020 was a unique and defining year for everyone, to deliver these exceptional results is a testament to the whole FSP team. We would like to thank all our clients and agents that we worked with throughout the year, we are excited about the prospect of delivering deals ‘in person’ in 2021.’
This is the third year in succession that FSP has been recognised for their outstanding performance by Co-Star.
Please contact any member of the team if you require any further information.