Press Releases

8 November 2018

SHEFFIELD PROPERTY ASSOCIATION CELEBRATES AS IT REACHES 50 MEMBERS

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SHEFFIELD – The Sheffield Property Association (S-PA) has this month celebrated the sign up of its 50th member – two months ahead of schedule.

The latest member to join was Kennedys Law LLP, an international law firm with an office of over 100 employees in Sheffield. Their construction team in Sheffield act for, instruct and provide services to construction professionals, developers and contractors based in Sheffield and the surrounding regions.

Officially launched eighteen months ago, the S-PA now has a membership that owns £4 billion in assets, represents 22,000 jobs and oversees real estate covering 3.4 million square metres across the city. Led by Chair Martin McKervey and Chief Executive Alexis Krachai, and supported by a 12-strong Executive team, the Association prides itself in shaping policy within Sheffield and promoting the city at premier events across the country.

Building on a successful 2017, the Association has this year accelerated its membership growth and has formulated an ambitious action plan that will showcase Sheffield to an international audience of investors. The next few months will see the Association strengthening relationships with its counterparts in the capital – The London Property Alliance – and ramp up plans to ensure Sheffield is centre-stage at MIPIM in Cannes, the world’s leading property exhibition in early 2019.

Alexis Krachai, Chief Executive of the S-PA, said:

“We are delighted to have reached 50 members in such a small space of time, it really is testament to the meaningful impact and influence we have been able to achieve in Sheffield, across the North of England and in London.

“The Association is committed to continuing to make a meaningful difference to Sheffield’s built environment. We look forward to welcoming more individuals and organisations that share the vision for a greater, better and more beautiful Sheffield.”

This month has also seen the introduction of a Challenge Team – a group of 10 like-minded professionals keen to help the Property Association evolve and steered by Executive member Matt Summerhill of RLB. Made up of some of the membership’s most exciting and upcoming prospects, the Team includes representatives from Vinci Construction, Sheffield Hallam University, WT Partnership, Turner & Townsend, Coda Planning, Bond Bryan, BDP, CMS, HLM and Irwin Mitchell.

Matt Summerhill, Challenge Team co-ordinator, said:

“I am extremely pleased to help chair the Challenge Group meetings. The group will play a vital part in evaluating the work carried out by the Executive to date, the proposals for 2019 and the future direction of the organisation.”

Dan Ladbury, Director of Estates, Sheffield Hallam University said:

“I am delighted to be a member of the S-PA Challenge Team – a dynamic and enthusiastic group which is passionate about Sheffield and will really help shape the future direction of the association. As the S-PA welcomes its 50th member, we now have a great platform for maximising the positive impact the City’s property has on its future prosperity, success and wellbeing of its citizens.”

Luke Barker, Director, WT Partnership and Challenge Team member added:

“The breadth of eXperience in the S-PA Challenge Team is self-evident. Coupled with the range of disciplines in the group, we are certain to bring enthusiasm and weight to any initiatives within the S-PA.”

In addition, S-PA has welcomed two new members to its Executive team – Tanya Holt and Vivienne Clements.

Tanya Holt is currently a partner at law firm CMS. She acts for a wide range of clients, both in the private and public sector, on all of their property requirements. Having previously worked in London, she is now a partner in the Real Estate team based in Sheffield and will bring extensive experience of working with large institutional investors and property transactions.

Vivienne Clements has been a Director of Henry Boot Developments for over 13 years, and oversees the Yorkshire, North East and Midlands regions. She studied locally at Sheffield Hallam University and will look to add to the Executive’s regional expertise, with particular specialisms including the development of strategic joint ventures and delivering successful property schemes.

Martin McKervey, S-PA Chair, said:

‘I am delighted to welcome Tanya and Vivienne to the Executive. Their extensive experience, including in all facets of property development and real estate law, will be a huge asset to S-PA as we work to implement our exciting plans for the benefit of the city. I look forward to working with them both.’

Tanya Holt, CMS, said:

“It is a privilege to join the Executive of the S-PA. In only a relatively short period of time since its inception, the S-PA is already playing an important role in the future of Sheffield. The make-up of the membership – across a wide range of sectors – makes for a powerful voice that can be used positively to influence the growth and profile of Sheffield in the UK.”


14 March 2018

SHEFFIELD PROPERTY ASSOCIATION LAUNCHES INVESTOR PROSPECTUS AT MIPIM

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CANNES – 14 MARCH 2018 – Sheffield Property Association (S-PA), in conjunction with Invest Sheffield, today launched their new Sheffield Prospectus at a special conference held at MIPIM 2018.

The breakfast event in Cannes saw John Mothersole, Chief Executive of Sheffield City Council, and Board Members from the Property Association brief investors from the UK and overseas on the current investment opportunities and strategies shaping the city.

This event marked the unveiling of the Sheffield Prospectus 2018. This is the first document of its kind produced through close working between the public and private sectors in Sheffield. The list of schemes has been compiled by those with a detailed understanding of the property market in Sheffield.

Alexis Krachai, Chairman of the S-PA, said:

“Sheffield is undeniably a city on the up. Whether it is digital innovation, or excellence in engineering, our city is responding positively to rapid changes in the global economy. Average salaries are up, rents are up, and our economy has expanded by over 3% in the last 12 months alone.

“With this growth comes opportunities for further investment and new businesses. Alongside Sheffield City Council, we have put together this helpful prospectus that clearly identifies sites and schemes in Sheffield that present investors and occupiers with real choices to become part of the city’s future. This is not a prospectus of schemes that are not for sale or will never be built. It is a document that sets out clearly the opportunities to invest in Sheffield.”

Tim Bottrill, a Board Member of the S-PA, said:

“The Property Association is only 11 months old but we are growing rapidly. We are very proud of all the work the Association is doing behind the scenes in Sheffield. This is about providing private sector leadership to help the city to grow even more rapidly. This prospectus includes schemes being promoted by our members and also non-members. It is about ensuring that external investors have an overview of the broad range opportunities available in Sheffield.

“We are seeing strong occupier demand across all sectors. Headline office rents will break £25 per sq ft at the same time that grade A & B availability is at an all-time low. There are investment and development opportunities across the whole of the city.”

John Mothersole, Chief Executive of Sheffield City Council said:

“I welcome the publication of this Prospectus that Invest Sheffield has put together with partners from the Sheffield Property Association. Our city is being increasingly shaped through open and transparent collaboration with the private sector. This is about growing an economy that benefits all. The schemes presented in the Sheffield Prospectus are just a selection of the opportunities available to those interested in investing in Sheffield.”

Schemes presented in the prospectus include those being promoted by Sheffield Hallam University, Turner Investments and Sheffield City Council.

Sheffield Hallam University is seeking a partner to develop a significant and landmark tower on their prominent site in Sheffield City Centre, directly opposite the railway station and close to the Bus Interchange.

The mixed use development could include A3 use at ground floor, a flexible 300-person conference and business space, a 200-apartment residential tower, and a 120 room 4 or 5-star hotel with conference and dining facilities with access to roof gardens.

Turner Investments are presenting a prime 250+ apartment build-to-rent opportunity with ground floor retail. Residents will be able to enjoy the excellent amenities in the immediate locality and retail occupiers will benefit from one of the most high-profile city centre locations.

A planning application is currently being pursued and Turner Investments will be seeking a partner to acquire the site on a forward-funded basis.

Castlegate will become the city centre anchor of the city region’s Advanced Manufacturing Innovation District with a focus on tech and creative start-ups. 200,000 sq ft of repurposed buildings will host technical and support services together with collaboration, meeting and social spaces, taking full advantage of its distinctive and accessible setting.