Property consultancy Vail Williams LLP has further expanded its Solent team with the appointment of associate Gurdeep Virdi.
Gurdeep joins the property asset management team from Vine Property Management LLP in Southampton, where he worked for 16 years as management surveyor.
The new role at Vail Williams includes helping occupiers, landlords, developers and investors achieve the best possible outcomes in commercial real estate.
Working out of Southampton, Gurdeep will be supporting the operational management of buildings, alongside realistic strategies to produce growth returns over the short and long term for clients.
He said: “Vail Williams approached me through a third party and it made strong sense to join the business because of its reputation, reach and career opportunity.
“I set up the Southampton office of nationwide firm Vine 16 years ago. Over that time I gained a lot of experience, particularly about my home city of Southampton, which has a mixed economy and which is forecast to grow 1.7% in the year to the third quarter of 2019 – outperforming the predicted UK average.”
According to industry figures, the headline rent for office leases in Southampton, which has a population of 252,400, is £21 a sq ft, with the average rent £16.86 and average lease length of 8.9 years for deals signed last year.
Vail Williams’ Southampton office is Savannah House at Ocean Village,
Gary Jeffries, Vail Williams’ Regional Managing Partner, said: “Gurdeep brings a wealth of knowledge and insight to the business, which will benefit our clients through market-leading consultancy, including day-to-day property management services and strategic asset reviews.”
His arrival follows that of Tom Bevan in Southampton – his associate role at Vail Williams includes commercial valuation work on behalf of lenders, including high street banks, and residential development appraisals.
Tom came from Gerald Eve, where he worked for eight years at the London headquarters of the international real estate advisory business.
Vail Williams’ latest acquisition is Chertsey-based New Ballerino, a specialist in property acquisitions and disposals, with a niche client base around Surrey and the Home Counties.
Last June saw Solent-based property consultancy Hughes Ellard merge with Vail Williams, which had also acquired the general rating division of Ruddle Merz and business rate specialists Bisset Moffatt Hill in previous years.
Vail Williams’ full-service property advice includes property valuation, planning and lease advice, investment and development expertise, property asset management and occupier consultancy.
- Vail Williams LLP is one of the largest independent providers of commercial and residential property advice in the UK.
Recognised as one of the Best Places to Work in Property by Property Week (2017), and holder of the Silver accreditation from Investors in People, the firm has 46 partners and 170 staff based across its eight offices in the Midlands and south of England (Birmingham, Crawley, Woking, Heathrow, London, Portsmouth, Reading, Southampton).
It provides business-centred property solutions for its clients based across the UK and beyond and has won a number of industry awards including: Best Commercial Agent/Chartered Surveyor (Surrey Property Awards 2018); Employer of the Year (Thames Valley Chamber of Commerce Business Awards 2018); Commitment to People Development (Thames Valley Chamber of Commerce Business Awards 2018); Property Client Service Award (Thames Valley Property Awards 2018); Top Office Agent and Industrial Dealmaker for Portsmouth (CoStar, 2018); the Thames Valley Property Award for Client Service; Best Professional Property Services Company at the Surrey Property Awards (2015-2017).
Vail Williams has particular expertise in business rates advice and further expanded its business rates team following the acquisition of business rate specialists Bisset Moffatt Hill (2016) and the general rating division of Ruddle Merz (2017).
In 2018 Vail Williams merged with Hughes Ellard and acquired Surrey-based advisers, New Ballerino.