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Business & Economy

Property consultancies merge to create regional market leader

Two leading names in North East property are joining forces to create the region’s largest independent commercial property firm.

Naylors and Gavin Black & Partners are coming together to form Naylors Gavin Black LLP. The new company will commence trading with immediate effect and boast a combined team of 38 staff.

Gavin Black, Chris Pearson and Martyn Collins of Gavin Black & Partners will be joining forces with Angus White, Fergus Laird, Keith Stewart and Chris Donabie of Naylors, as equity partners in the new firm.

Gavin Black, partner said: “The new business is driven by the mutual desire of both firms to be a market leader by reputation, underpinned by our shared values and clear focus on client service.

“Both firms offer complementary service lines and expertise making this a logical and attractive partnership. Coming together allows us to combine areas of strength to provide a broader range of services and greater depth of knowledge to our clients.”

Established in 1990, Naylors is appointed on some of the region’s most high profile development schemes including the International Advanced Manufacturing Park (IAMP), VAUX in Sunderland, Durham’s Integra 61 and The Biosphere at Newcastle’s Helix.

Gavin Black and Partners are retained by a number of major property occupiers such as Vertu Motors PLC, Leeds Building Society, Network Rail, Sumo Digital PLC and British Engines and also act for high net worth individuals and investment funds with key instructions such as Trinity Gardens and Stockbridge House on Newcastle’s Quayside and across the UK.

With its sights set firmly on expansion, the new company is looking to build on the success of the two firm’s high profile agency teams.  Naylors Gavin Black will also be focusing on the growth of its well-established building consultancy, management and professional services departments.

Angus White, who will be taking on the role of managing partner at Naylors Gavin Black said: “Our strategic priority is the creation of one regional market-leading organisation, offering the highest standards in client service across all sectors. Together we will have an unrivalled presence in the North East business space market, taking a leading role in the region’s flagship schemes.

“We will retain and develop the capabilities of both businesses with the aim of bringing new talent into a number of areas to strategically grow the new company. We are tremendously excited to get started.”

The integration of the two businesses will commence imminently with Gavin Black & Partners relocating to Naylors’ head office in Newcastle city centre.