Newcastle-based, JK Property Consultants, has experienced significant demand during 2023, having advised clients on a record-breaking variety of projects worth an estimated total value of £1 billion.
This is a significant uplift for the firm on total property values of £350 million for the previous 12 months.
The £1 billion is broken down as £500,000,00 consultancy, £300,000.000 litigation and £200,000.000 agency.
During the year the firm has advised on a vast range of projects including regional infrastructure masterplans, received instructions to sell a high-profile national headquarters, provided advice for a city centre listed building and advised a range of landowners on settlement costs for housing development.
JK Property Consultants assists investors, developers and occupiers, applying its local market knowledge with a national perspective, whether for development, acquisitions, lease renewals, reviews and resolving issues through dispute resolution.
Jennifer Welch, who co-founded JK Property Consultants, alongside Kevan Carrick, said: “The property market, through the impact of the economy and government intervention, continues to be disrupted greatly and going through a period of turbulence and change, which can make investors nervous.
“While 2023 has brought its challenges, developments during 2024 are set to impact on the regional economy for years to come, with Mayoral elections at the region’s two combined authorities, a General Election and far-reaching legislation to enable levelling up.
“Despite the complexities, there is always a way forward and our aim has always been to advise clients how to manage change within the property market, while standing by our culture and values, which are based on responsible and ethical business. We believe it is for this reason that, despite how the market is performing, new legislation or political change, we have always retained existing clients and gained new instructions.
“This, of course, has to be backed by an ability to deliver and, in that respect, we offer unparalleled insight of the regional market with a national perspective, deep knowledge and understanding of government policy and its relevance to the local market, exceptional negotiating skills and a fantastic list of influential contacts who assist us on projects and can open doors. Our team has won many individual awards and, as recently as 2020 and 2021 we were shortlisted for Commercial Mediator of the year in the National Mediation Awards.
Jennifer Welch worked for the Royal Institution of Chartered Surveyors (RICS) in the North East and became director for North and Midlands. She then took on a global role with the RICS and spent time operating in Asia and, latterly, as the director for Sub Saharan Africa, promoting business ethics and international standards.
Kevan Carrick, is a chartered surveyor with over 50 years’ experience in the property sector. He is a director at North East Business Innovation Centre, an ambassador for the Open North Foundation and ambassador for North East Initiative on Business Ethics, where he’s recently retired as co-founder and chair.
jkpropertyconsultants.com
