Chancerygate wins developer of the year multi-let and best investment transaction accolades at IAS awards

Chancerygate has won two prestigious awards at the Industrial Agents Society (IAS) Awards in the developer of the year multi-let and best investment transaction categories.

The developer of the year multi-let award recognised Chancerygate’s record year in 2021 during which 12 new developments, totalling 1,270,000 sq ft, were completed across the UK. Other highlights included:

  • Expansion into Europe by acquiring a five-acre site in Dublin
  • Obtained eight planning consents for over 950,000 sq ft of new development
  • Placed 10 build contracts with a value in excess of £55m
  • Disposed of 1,050,000 sq ft
  • Opened a new regional office in Bristol
  • Increased headcount by 20 per cent

The highly competitive category was voted for by IAS agent members. Prior to this year, Chancerygate had previously won developer of the year at the IAS Awards four times in seven years.

Chancerygate’s joint venture with international real estate firm Hines won best investment transaction of the year for its ‘Project Highgate’ disposal. The deal involved the forward sale of a 608,000 sq ft, five asset portfolio to real estate private equity firm Northwood Investors for an undisclosed sum.

Now in its 35th year, the IAS Awards saw agents, owners, occupiers, developers and funders gather at the Grosvenor House London to network and celebrate the sector’s success.

Commenting on the award wins, Chancerygate managing director, Richard Bains, said: “It is particularly pleasing to be recognised by the judges and members of the IAS who specialise in our sector. Being recognised by them validates our achievements and we are thankful to them for doing so.

“We fully appreciate that our success is in no small part down to the expertise of the agents and consultants who we partner with.

“I would like to thank them whilst also recognising the outstanding efforts of every member of the Chancerygate team, all of whom continue to drive our business forward as we expand throughout the UK and into Europe.”

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