Principle wins contract to manage established West Midlands apartment blocks

Two large and established apartment blocks in the West Midlands are to be looked after by Principle Estate Management.

The commission has come a new freeholder which recently acquired Cobham Court, on Corbett Avenue in Droitwich, and Monksfield Avenue, just off the Newton Road in Great Barr.

Principle was appointed following a full tender process to find the right estate manager for the 1960s developments that house a total of 57 apartments.

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Joe Jobson, a director at Principle, said: “We’re delighted to have been commissioned to look after these established residential developments.

“I met with the former freeholder last year at the time of sale and it was clear they were passionate about both these properties and wanted to ensure they continued to be well maintained and looked after.

“Since taking on both these developments Danielle Lannon, our senior property manager, has been working hard with the residents on providing clear strategy for the long term whilst also ensuring the seamless transfer of management.

“We had a fantastic handover of information from Ideal Property Management and this allowed us to get to work straight away.”

Mr Jobson added: “We have built a great team here at Principle and we are very well placed for continued growth across the country.”

A spokesperson for the freeholder said: “We have acquired these two properties which have both been very well looked after historically, and we wanted to ensure that it remains that way.

“We were looking for an independent agent with the flexibility and wide-ranging skills to look after buildings like this for us and our leaseholders.

“We know Principle have become one of the big names in sector who take their role seriously and will quickly and efficiently get quality resolution to issues.”

Principle Estate Management was launched in spring 2018 and is now the UK’s fastest growing residential estate management business two years after its launch, with well over 200 developments across the country.

Principle is based at Cornwall House in Lionel Street, Birmingham, and offers a national property management service.

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