Belfast Telegraph

Lambert Smith Hampton takes control of four major portfolios

By Margaret Canning

Commercial property agent Lambert Smith Hampton has been put in charge of four major portfolios in the UK and Ireland. The firm is now responsible for a further 2.5 million sq ft of floor space - bringing the total space under its management to 17. 5 million sq ft.

As part of its new duties, it will be managing a £192m logistics portfolio, made up of 18 distribution warehouse sites in 18 locations in England.

It's also been engaged to manage 12 mixed-use assets - from offices to shops - in Northern Ireland and England for a private investor.

It will also be managing the Pendle Rise Shopping Centre in the north of England, adding 135,000 sq ft of retail space to its portfolio.

In the Republic, it will be managing a major industrial site occupied by An Post in north Dublin, as well as a mixed-use development in Co Waterford and a primary care centre in Co Meath.

The agency was recently named Northern Ireland's most active property agent, and overall regional winner in the EGi Deals Competition for 2015. EGi is part of industry magazine Estates Gazette.

It is the ninth time Lambert Smith Hampton - or its predecessor BTW Shiells - has topped the list in Northern Ireland.

Gary Nesbitt, the agency's head of property management in Ireland, said: "We are delighted to be appointed as managing agents on such a sizeable and varied portfolio of properties.

"We believe that our success with the award of these significant instructions further asserts our position as a leading property consultancy in Ireland.

"These appointments demonstrate our property management strength and depth across all asset classes and reflect our client's confidence in our ability to manage large national portfolios."

The name Lambert Smith Hampton returned to Northern Ireland in 2014, when it bought the commercial section of BTW Shiells. BTW Shiells emerged in 2003 from a management buy-out of a business formerly run as Lambert Smith Hampton.

Belfast Telegraph