Principle Estate Management has won the contract to manage a block of flats in Bedminster, Bristol, its first instruction from Pier Management, the asset management subsidiary of the national freeholder Regis Group.
Daniel Harrison, Managing Director, Pier Management, said they appointed Principle because they manage other properties in the area, “Regulatory compliance remains a primary focus for the group which made appointing Principle an easy choice as they share this agenda.
“We know the directors who formed Principle and they have set themselves up to manage properties to a high standard. We prefer to use RICS Regulated or ARMA Managing Agents as it gives us comfort as a freeholder to know our assets are protected and the residents are looked after from a customer services point of view as well as a compliance aspect.”
Brett Williams, Managing Director of Principle, says the company was already taking care of a large development of over 100 units in the regenerated Portishead district of Bristol, so it was well placed to take on new business in the area.
He said, “We’re confident of doing a good job for the freeholder and residents and hopeful it will be the first of many instructions from Pier Management.”