Property management firm NSM has expanded into new Doncaster offices and says rent collection has been strong despite the pandemic.
The firm, which also operates a Merseyside base, said it was on the lookout for opportunities to acquire multi-let industrial sites with investors, which it would add to its management portfolio of 5.4 million sqft of space. NSM said recent success had afforded its move to Jetstream Drive at the Doncaster International Business Park.
Three new staff members have been appointed at the same time. Lydia Harris has joined the business as office manager in Doncaster; Kim Howey as the new property manager for the North West and Caitlin Davies joins the team on a work placement while studying for her Real Estate Management degree at the University of Leeds. Doncaster-based Vicky Benson has also been promoted to property manager for the East.
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Nicky Jones, managing director of Doncaster-based NSM, said: "Our business has remained agile during the challenges faced over the last couple of years. With an increasing demand for industrial and logistics space we have worked hard to complete new deals in as little as five days, as well as assisting tenants with additional short-term space to meet demand.
"We have a strong business model and, due to our investment in proptech, our Spaceman platform has given every member of the team the ability to work from anywhere, with the team being able to access all portfolio data at the touch of a button. This has ensured we continue to effectively look after and strengthen our client’s portfolios.
"Despite the fact we could all work from home, or from any of our sites, we have an incredibly strong team ethos and everyone was keen to still be able to work together within an office environment whilst retaining some flexibility. Jetstream Drive provides a great central base, a fantastic airy and well-lit space and room for further expansion helping us to future-proof."
NSM said it had collected 98% of rents billed despite the pandemic and had extended support including staged payments to tenants of the spaces it manages on behalf of landlords. Mr Jones added: "We have continued to grow the assets we manage across the north of England and will now use our experience to work with partners to acquire further multi-let industrial sites into the portfolio."
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