Leading property publication, Estates Gazette Interactive (EGi) awarded VSL ‘The Most Active Agent’ in Oxfordshire and ‘Dealmaker of the Year’ for the 11th time, following an impressive year of commercial deals.
The EGi deals competition is an independent survey based on Radius Data Exchange which provides a detailed breakdown of 2019/20 full-year transaction volumes on both national and regional levels and across various property types. Most Active Agent and Dealmaker of the year awards are given to the firm which carries out the most commercial property transactions.
Duncan May gained the accolade of Dealmaker of the Year for completing the most transactions in the EGi 2020 deals competition.
Richard Venables, director at VSL explains: “We are incredibly proud to be named as the most active Oxfordshire agent and dealmaker of the year for the 11th time. The EG Awards are compiled only of factual data, ensuring that they are one of the most accurate and reflective accolades in the UK real estate market.
“Despite a challenging year for our economy, with Covid-19 having a real impact on the commercial property market, this acknowledgement really highlights that our dedicated team can evolve and adapt in order to support and deliver for our clients – regardless of any hurdles or adversity!”
The VSL team has recently completed significant transactions including:
- 318,000 sq ft of industrial space in Bicester let to electric vehicle company Arrival
- Letting of 10,000 sq ft of office space at Oxford Business Park to Oxford BioMedica
- 32,000 sq ft of office space let at Building 5520 Oxford Business Park let to Perspectum Diagnostics
- 165,000 sq ft of industrial space at Tungsten Park, Witney has been let or sold.
Richard says: “The last few months have been unprecedented for so many businesses who have been working remotely, however we’ve not yet seen a major increase in office stock coming back to the market and rents are stable. This may change in 2021 as companies reassess their workspace requirements.
“Since the Covid-19 outbreak there has been a strong demand for warehouses and industrial stock which is driven by the strength of the Oxford science and technology sectors but also propelled by greater consumer appetite for shopping online. Demand for industrial space is likely to continue in the longer term and we expect an increase in demand for flexible office space.”
VSL has recently recruited a further two property professionals who join the firm from London practices. Grace Gilbert joins the valuation team having previously worked at Cushman & Wakefield and Toby Chapman joins the transactional side of the business in the agency team as a graduate surveyor from BNP Paribas.
The company which has the largest agency team in Oxfordshire continues to create value for its clients by combining industry acumen with detailed local market intelligence and research.
For further information or to speak to one of VSL experts, please visit the new website www.vslandp.com or call 01865 848488.