Commercial Property News

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Friday, March 07, 2024

Savills make two promotions in Manchester

Savills directors Peter Mallinder and Oliver Foster have recently taken on the role of joint heads of investment at the company's Manchester office on Fountain Street.

Peter and Oliver's promotion follows previous head of office and investment Mark Ridley's appointment as Chairman of Savills Commercial with effect from 1 January 2008. They will continue to work with Mark, who will service his key clients, but will take full responsibility for the investment teams.

Peter and Oliver have worked in the Manchester investment team for 12 and 11 years respectively.

Both Peter and Oliver have advised on a number of significant schemes in the North including the acquisition and subsequent sale of Central 12 Retail Park in Southport, the acquisition of No 1 Balloon Street in Manchester and the acquisition and sale of Cavendish Retail Park in Liverpool. Key clients include ING, Standard Life, Morley, Stockland Halladale, Lanebridge, Kenmore and Modus.

Howard Morgan, director and head of the Savills Manchester offices, comments: "We are delighted to appoint Peter and Oliver as joint heads of the Manchester investment department. Both have immense experience in the North West market and are very well respected in the industry."

Established in June 1996 the Manchester office has grown from just three people to 135 today. Savills is now one of the most established brands in the property industry throughout the North West. In the last 10 years the annual turnover for the Manchester office has grown from 0.45 million to over 16 million today and the services offered have increased to include commercial investment, retail, residential, industrial agency, office agency, building consultancy, management, development, planning, valuation, healthcare, hotels and Savills Private Finance.