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Principle to Manage new Jewellery Quarter Apartments

Established national property management firm Principle Estate Management has been instructed to look after a new mixed-use scheme in Birmingham.

Residential People understands that Principle will manage Liv Projekt’s units at 1 and 2 Legge Lane in Birmingham’s Jewellery Quarter. The development includes nine townhouses, a commercial unit and four “live and work” units which the developer is renting out.

The residential units at Legge Lane include one 2-bed townhouse marketed at £550,000 and eight 3-bed townhouses marketed from £675,000 to £895,000.

Robert Simonds, a partner at Principle who heads the firm’s new build portfolio, said: “We’re delighted to have won this bespoke mixed-use development as Principle’s presence continues to expand within the Jewellery Quarter.”

Robert adds: “We have worked closely with Liv Projekt on the set up of the scheme and have advised on a number of management strategy items.

“The first residents have now moved in, and we have now been contracted to manage the development as part of our new build portfolio.”

Principle Estate Management was launched in 2018 by Brett Williams, a former chairman of the Association of Residential Managing Agents who has more than 30 years of experience in the sector.

Since its launch, Principle has grown to look after a portfolio approaching 8,000 units in around 250 developments across the UK.

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