Cushman & Wakefield's Leeds office has been named the UK’s most active agent 2017 for investment transactions in Yorkshire by industry title, EG.
The Investment team in Leeds, led by Tim Cameron-Jones (International Partner), Richard Brooke and Jacques Esterhuizen (both Associates), completed more deals in 2017 than any other agent.
2017 was a successful and diverse year for the Yorkshire Investment team, advising on over £200m of transactions throughout the year. They concluded six transactions on behalf of Local Authority clients and a further five on behalf of various educational institutions.
The most notable of these deals was the forward funding of West Campus Residencies in Hull on behalf of the University of Hull. With a GDV of £120m this represents the largest funding deal in the region in 2017.
Other highlights include the sale of the Webhelp call centre at Adwick Park, Rotherham on behalf of Europa Capital and their partner Addington Capital for a sum of £6.875m; the sale of Oxford House in Leeds on behalf of Samara Group for a sum of £5.00m; and, the acquisition of three buildings at Callflex Business Park, Rotherham on behalf of CEG and their investors for an undisclosed sum.
Tim Cameron-Jones said: “We are delighted to have been recognised by the EG for our work in the investment market last year. The title is testament to the dedication of the team which has continued to work hard despite challenging market conditions”.
Richard Brooke said: “The market remains highly competitive for openly marketed assets, particularly prime assets in sought after locations, as a result the team focussed heavily on identifying and delivering a number of off-market opportunities. Approximately 40% of the deals we completed in 2017 were off-market.”