Property and asset management company NSM has been appointed by two international real estate investors to manage key parts of their growing industrial portfolios.
NSM has been brought on board by Mileway, the leading pan-European last mile logistics real estate company, to provide property management services for its Vantage portfolio across the North of England and The Midlands.
The appointment, covering 33 properties comes hot on the heels of another large client win for the Doncaster-based company which was given the green light by TPG/4th Industrial (4i) last month to manage four prominent North West and Yorkshire industrial assets covering 400,000 sq. ft.
Managing Director Nicky Jones said: “NSM has shown itself to be extremely resilient over the last 12 months and it is testament to the team that we have come out of lockdown in such a strong position; so much so we are now actively recruiting for an associate director to strengthen our offering.”
That continued success also saw NSM establish a dedicated, full-complement finance function earlier this year.
NSM is also looking to expand its geographical presence across the burgeoning industrial and logistics sector, either through organic growth or by acquisition.
Nicky added: “Now isn’t the time to be reticent. The industrial and logistics sector has seen enormous activity during lockdown with the likes of Hermes, Amazon and other distribution giants snapping up key sites across the North. NSM is primed to serve that market and a mid-sized management company with a presence in the Midlands or South would be the ideal acquisition for NSM to help take us to the next level.”