Chancerygate wins fourth UK industrial developer of the year award in seven years and deal of the year accolade

Chancerygate has been named developer of the year at the Industrial Agents Society Awards for the fourth time in seven years.

In addition, the company won the deal of the year under 50,000 sq ft for its Duo development in Marlow, Bucks.

The highly competitive UK-wide categories were voted for by Industrial Agents Society (IAS) agent members.

Now in its 34th year, the IAS Awards saw industrial and logistics real estate agents, occupiers, developers and funders meet at an event in London to network and celebrate the sector’s success.

During 2020, and despite the pandemic, Chancerygate experienced another stellar year, completing 11 new developments throughout the UK. The company concluded two very significant portfolio sales, substantially derisking its development pipeline and with profits driven to record levels.

This success has continued during 2021. Highlights include a JV between Chancerygate and Hines forward selling a 608,000 sq ft, five-asset portfolio to Northwood Investors for an undisclosed sum. In September, Chancerygate announced a nationwide urban logistics speculative development JV, also with Northwood Investors.

Commenting on the award wins, Chancerygate managing director, Richard Bains, said: “All of us at Chancerygate are humbled and grateful to win these awards. In particular, being voted as the best developer by the membership of the IAS, who are ideally placed to judge developers’ achievements, means a lot to us.

“Winning this award four times in seven years shows the consistently outstanding performance of the Chancerygate team. The way the team responded to the challenges of the pandemic was an extraordinary combination of resilience, determination and agility which allowed us to have one of our best ever trading periods.

“We also understand we could not have achieved any of this without the continued support of our excellent network of agents and consultants.

“I would like to put on record my sincere thanks to them and everyone at Chancerygate who put in huge amounts of effort and dedication to deliver our success.”

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