The Elliot Group select urbanbubble to manage North West portfolio
Award winning residential managing agent and PRS specialist, urbanbubble, has been selected over several agents to manage and let the whole of the Elliot Group’s residential portfolio, including Liverpool’s latest waterfront scheme, Baltic Tower.
Baltic Tower is a £50million “mid-rise” development on Liverpool’s southern gateway and will be formed over two 14 and 15 storey blocks, comprising 257 apartments, an onsite gym, outdoor spa and secure basement parking.
The appointment sees urbanbubble take on all aspects of the property, facility and tenant management of the residential portfolio, which includes The Residence, a £70million luxury residential development located on the River Irwell in Manchester. In addition to eight schemes across Liverpool, one being the recently completed ‘Artesian’ with 99 apartments and offices, the instruction includes Victoria House in Leeds with 106 apartments planned for delivery in late 2017.
Elliot Lawless, director, Elliot Group, said: “The Elliot Group is investing more than £450million into 15 projects over the next three years and after meticulously reviewing urbanbubble’s processes, service and success rate of their portfolio, we knew they were the right partner for our residential pipeline.”
Summer 2016 will see urbanbubble, awarded “Best Managing Agent” earlier in the year at the North West Residential Property Awards, open an office in Liverpool. This follows the move of its main operation at the end of 2015, when urbanbubble signed up to a 10 year lease for a 6,000 sq ft facility in Sevendale House, in the heart of Manchester’s Norther Quarter.
Ian Chatburn, Director of Sales and Lettings, urbanbubble, said: “We are delighted to be working with the Elliot Group and to be appointed to their residential portfolio in such a significant manner. To work with a firm making such a major investment into residential development in the region is a real boost to the increasing sales and lettings division of urbanbubble.”
Michael Howard, Managing Director, urbanbubble said: “Liverpool is booming and has become an active city in contributing to the growth of The Northern Powerhouse, as was very evident in a strong 2016 MIPIM for the city. We are delighted to be appointed by Elliot and his team. The wholesale instruction for urbanbubble to manage the property, facilities and lettings of their 2100 unit portfolio is a huge pat on the back for everyone here at urbanbubble.
“While we can easily manage the portfolio from a little down the M62, we thought this was the right time to open our Liverpool office. We’ll be out looking for the right individual to lead this team imminently and we expect to be employing near 30 new members to our team split between property and office based roles.
“Throughout 2015, urbanbubble heavily invested in systems, process design and training and development for our people. We’re committed to placing customers at the heart of everything we do. Now, with the dawn of Build to Rent and PRS, urbanbubble are at the forefront of this new age of residential management and we’re delighted to be working with a developer who shares the same vision and is onsite delivering such a significant portfolio across the powerhouse”
urbanbubble, based in Sevendale House, Manchester city centre is a residential property managing agent, which was set up by Michael Howard in 2008. The company cares for 95 residential estates with 6,000 homes in the North West. The team of 70 provides a range of services to residents, landlords and developers including block, estate and facilities management, PRS asset management, development consultation and appraisals, maintenance and repairs, and sales and lettings.