Promising contracts on horizon for DTZ team

THE Newcastle office of listed real estate adviser DTZ has secured a flurry of international, national and regional contracts.

THE Newcastle office of listed real estate adviser DTZ has secured a flurry of international, national and regional contracts.

The office’s eight-strong project and building consultancy team was recently appointed by real estate investment fund, Hansteen to undertake fire insurance valuations, for its 8,772,551 sq ft mixed-use European portfolio.

The deal will see the DTZ team inspecting 88 industrial, office, retail and residential properties in Germany, France, Holland and Belgium. The appointment followed a competitive tender and builds upon a long standing relationship the Newcastle office has with Hansteen.

The instruction follows a strong year for the Newcastle building consultancy team, which has continued to grow its business in the health care sector and is currently retained by 30 NHS acute trusts located throughout England. The team includes three RICS registered valuers.

In addition, the office has continued to work closely with Castlegate Shopping Centre in Stockton-on-Tees, project managing a £2m refurbishment of the car park and a £1m extension and refurbishment of the market hall.

David Wilson, director in DTZ’s building consultancy team, said: “These recent instructions, at a regional, national and international level, demonstrate the breadth of experience and expertise of our Newcastle based team.”

Tony Hordon, head of DTZ’s Newcastle office said: “Like many organisations during the last 12 to 24 months, we have gone through a considerable change which has placed us in a strong position to reposition our business and restructure the teams into a lean, more effective group, ensuring we are commensurate with the size of the new markets we all now work in.

“Our building bonsultancy team is a perfect example of the skills and resource we already possess to ultimately deliver and exceed client expectation.”

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