The UK commercial property market is expected to reach £118.24 billion in 2024, growing to £145.99 billion by 2029, according to Mordor Intelligence (2023). What does that mean for you? There will be many opportunities to grow your business; however, partnering with a commercial property that has a wide portfolio is key.
In this article, we will walk you through the reasons why you should consider choosing an experienced company.
Table of contents
Why an Extensive Portfolio Matters When Choosing a Commercial Property Company
1. Diversity of Commercial Properties for Rent
2. Managing a Large Portfolio Means Market Knowledge and Expertise
3. Partnering with a Well-Established Company Builds Strong Relationships and Networking
4. The Best Commercial Property Management
FI Real Estate Management as a Commercial Property Company
Choose FIREM for the Best Commercial Property Management: Case Study
Securing the best offers, building your network, obtaining insightful advice, and making informed decisions. These are only a few of the benefits you get. Let’s go into more detail with these points.
Working with a commercial property company that has a diverse portfolio gives you access to a wide range of options. You will have a choice of different commercial properties, such as office spaces, retail units, industrial warehouses, and storage facilities. Moreover, a company with a diverse portfolio can offer various property sizes, locations, and types to meet specific needs. If you’re looking for a commercial property to rent in the UK, it’s important to have this flexibility. Companies with numerous completed projects can advise you better. This leads us to another important point.
A company with years of experience gain a deeper market knowledge and expertise, it helps them understand market trends, property values, and their tenants’ needs better than smaller companies. They can advise you which property is best for your business and assist you with finding the right fit.
With many years of market experience, these companies have extensive networks within the industry. For you, as a potential tenant, that means better opportunities for finding the right location, negotiating favourable terms, or getting additional services. On top of that, those companies are often at the forefront of the industry and can provide valuable insights into future market developments.
Top commercial property companies offer more than space – they provide full management services, from fit outs, and repairs to energy-efficient solutions. In today’s constantly changing UK commercial property market, you need someone who will get the best deals and find properties that fit your budget and needs.
According to Investment Property Forum (2024), from 2024 to 2028, industrial estate rents are expected to grow by 3.2% yearly in the UK, the highest of all sectors. West End offices follow at 2.5%. It means that now is a good time to invest in order to secure properties before prices rise. An experienced property company can help you take advantage of these trends and make smart choices, whether you’re interested in industrial, office, or retail space.
FIREM is a leading name in the UK commercial property and asset management. We manage more than 15 million sq ft of real estate, focusing on industrial, office, and retail sectors. We focus on understanding clients’ needs to provide places where businesses can thrive.
At FI Real Estate Management, with 40 years of experience, we lead the way for commercial property management. A recent example is our CAT B fit out for Derbyshire City Council, completed in just 16 weeks from September 2023 to January 2024.
This project involved new flooring, upgraded breakout spaces, mechanical and electrical adjustments, meeting rooms, community areas, wayfinding, graphics and external signage. We have undertaken this project to streamline DCC’s portfolio and create a more efficient workspace where employees can work comfortably.
Dom Knowles, Head of Offices at FIREM, emphasises the importance of our approach:
“The way businesses use office space is fundamentally different to just a few years ago. As developers, it’s our responsibility to provide workspaces that respond not only to the needs of the current market but to set the trends for future ways of working.”
This shows our dedication not only to meet the standards but also to go further and exceed current business needs. Our successful projects, such as the extensive refurbishment of The Quad and The HQ in Chesterfield, prove that we deliver future-ready work environments.
Therefore, choosing a commercial property company with an extensive portfolio, such as FIREM, gives you diverse options, flexibility, and expert management. This is the power of partnership.
If you’re interested in becoming our next business partner, contact us. We’re ready to help you move into the perfect premises.