The UK’s fastest-growing residential property management firm, Principle Estate Management (Principle), has won a contract to look after a block of flats in the Bedminster area of Bristol for the national freeholder, Regis Group.
The contract marks Principle’s first instruction from Pier Management, the asset management subsidiary of Regis.
Commenting on the reasons for appointing Pinrciple to hire their Bristol property, Daniel Harrison, Managing Director of Pier Management, said: “Regulatory compliance remains a primary focus for the group which made appointing Principle an easy choice as they share this agenda.
“This is a people business and we know the directors who formed Principle and that they have set themselves up to manage properties to a high standard.
“We prefer to use RICS Regulated or ARMA Managing Agents as it gives us comfort as a freeholder to know our assets are protected and the residents are looked after from a customer services point of view as well as a compliance aspect.”
Principle was launched in 2018 by industry veteran, Brett Williams, and in its short time of operation, has already taken care of more than 100 units in Bristol alone.
Speaking on the instruction from Pier Management, Brett Williams, Managing Director of Principle said: “It’s really pleasing for our business which is only in its second year to have been instructed by yet another national freeholder.
“We’re confident of doing a good job on this site for the freeholder and residents alike, and we are hopeful it will be the first of many instructions from Pier Management.”