Commercial property and asset management company, NSM, has expanded into a new office at Doncaster International Business Park to facilitate continued business growth.
NSM has also appointed three new members to the team. Lydia Harris, joins as office manager in Doncaster, Kim Howey as the new property manager for the North West and Caitlin Davies joins the team on a work placement while studying for her Real Estate Management degree at the University of Leeds. Doncaster based Vicky Benson has also been promoted to property manager for the East.
As a result of the business success, NSM has expanded into Jetstream Drive at the Doncaster International Business Park, Auckley, attracted by the sustainability credentials of this new development and its easy location onto the M1, M18 and A1 network.
Nicky Jones, Managing Director of Doncaster-based NSM, said: “Our business has remained agile during the challenges faced over the last couple of years. With an increasing demand for industrial and logistics space we have worked hard to complete new deals in as little as five days, as well as assisting tenants with additional short-term space to meet demand.
“We have a strong business model and, due to our investment in proptech, our Spaceman platform has given every member of the team the ability to work from anywhere, with the team being able to access all portfolio data at the touch of a button. This has ensured we continue to effectively look after and strengthen our client’s portfolios.
“Despite the fact we could all work from home, or from any of our sites, we have an incredibly strong team ethos and everyone was keen to still be able to work together within an office environment whilst retaining some flexibility. Jetstream Drive provides a great central base, a fantastic airy and well-lit space and room for further expansion helping us to future-proof.”
NSM manages 5.4 million sq ft of industrial and office space on behalf of landlords across the north of England. Its current portfolio under management has grown to £475 million so far this year. The company’s clients have included the likes of ARA Europe, 4th Industrial (part of TPG Real Estate), Mileway and Network Space.
The company is also working with investment partners to identify opportunities to acquire and manage a portfolio of multi-let industrial sites.
NSM has continued to collect over 98% of all rents billed despite the lockdown and worked closely with tenants to provide support and advice about Government initiatives as well as managing staged payments during the challenges posed by the pandemic.
Looking forward to the coming year, Nicky added: “We have continued to grow the assets we manage across the north of England and will now use our experience to work with partners to acquire further multi-let industrial sites into the portfolio.”