2 minute read
Gatwick Diamond
GATWICK DIAMOND: A LAND OF PROPERTY OPPORTUNITY
By Steve Berrett, Partner Vail Williams LLP
The past 12 months have accelerated a dramatic change in the commercial and residential property sectors, as the effects of the Covid-19 pandemic and Brexit began to make themselves felt.
Office needs have transformed amid more flexible working, calling for a more hybrid working environment made up of a variety of spaces for businesses and their people.
Requirements for more modern industrial warehouse units across a range of sizes and specifications have gone through the roof, leading land values to do much the same, and residential demand remains high. It is safe to say that this is a golden opportunity for the Gatwick Diamond property market. Steve Berrett, recently appointed partner and head of business space (Gatwick) at property consultancy, Vail Williams LLP, comments: “It is an exciting time to be working in such a dynamic market, where we have seen multiple site sales over the past 12 months within the Manor Royal District, and where land values have reached record highs.
“This is a time of recovery for the region, and we are seeing this translate into a number of enquiries from the south coast right up to south London. With significant commercial commitments from the likes of Amazon, Valor and CAE, together with ongoing investment in wider infrastructure, the property outlook here is a compelling one.” In a time of such positive transformation, reliable property advice is more important than ever.
Danny George, Vail Williams’ Gatwick regional managing partner, explains: “As businesses plan for a return to the office and demand for industrial premises increases across the region, we are here to help ensure that your business’ strategic property needs and space requirements are met.
“Whether you are a business seeking to acquire new office or industrial space, a landlord wishing to redevelop your property investment to meet changing occupier needs, or you are an investor or developer seeking to deliver a scheme to respond to market demand, we can help.”
Based in the Gatwick Diamond region for over 25 years, Vail Williams specialises in property advice throughout the property lifecycle, to support occupiers, landlords and investors and developers. The firm, which last year was crowned Professional Services Firm of the Year at the Gatwick Diamond Business Awards, has played a leading role in many of the region’s key commercial and residential developments, counting the likes of Glenbeigh Developments, Elekta and Harwoods, amongst its clients.
