Leading Belfast-based commercial property agency, Lisney<\/a>, has announced the appointment of an Associate Director to strengthen its Investment team as a result of ongoing demand and the agency\u2019s success within the market.<\/p>\nStephen Chambers has been appointed Associate Director in Lisney\u2019s Investment department which is set to transact in excess of \u00a3150m this year \u2013 more than 30% of the region\u2019s annual investment transactions. The agency, which also specialises in office, retail, leisure and industrial property acquisition, made the strategic decision to further expand the team\u2019s experience and capabilities as it anticipates the completion of several high-profile transactions before year-end, and a fruitful 2016.<\/p>\n
Stephen Chambers, who brings with him a wealth of property and banking experience, said:<\/h2>\n \u201cThis is a very interesting time for investment in Northern Ireland, particularly within the retail and office sectors where increased confidence is having a significant impact on demand and pricing.<\/p>\n
\u201cRetail assets currently on the market and attracting strong interest include Junction One and The Outlet at a combined price of \u00a360m and the Land Securities portfolio of food store and shopping centre assets at the combined guide price of \u00a356m.<\/p>\n
\u201cThese sales will contribute significantly to the annual property investment transaction value which is now expected to be in excess of \u00a3500m for 2015.\u201d<\/p>\n
Working closely with Lisney\u2019s Investment Director, Nicky Finnieston, Stephen will be involved in providing advice on investment sales and acquisitions for clients and the sourcing of funds.<\/p>\n
Mr Finnieston said:<\/h3>\n \u201cStephen\u2019s experience and knowledge are a perfect fit for Lisney as we grow and expand upon our existing success within the sector.<\/p>\n
\u201cHaving previously worked in Corporate Banking, Stephen is also best placed to advise our clients on the options they have regarding sourcing and structuring finance, which is essential in the current market.<\/p>\n
\u201cOur Investment team has been particularly active so far this year both locally and in GB having worked on more than \u00a380m of notable deals including Erneside Shopping Centre Enniskillen, Boots on Belfast\u2019s Royal Avenue and The Parkway Shopping Centre in Coulby Newham.<\/p>\n
\u201cThe outlook is very positive and with deals currently in the hands of solicitors, we expect our Investment team to transact just over \u00a3150m for the year.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Leading Belfast-based commercial property agency, Lisney, has announced the appointment of an Associate Director to strengthen its Investment team as a result of ongoing demand and the agency\u2019s success within the market. Stephen Chambers has been appointed Associate Director in Lisney\u2019s Investment department which is set to transact in excess of \u00a3150m this year \u2013 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8576","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"acf":[],"yoast_head":"\n
Lisney Strengthens Investment Team Lisney - Belfast<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n