Adderstone Group is one of the UK’s fastest-growing, privately owned property development and investment companies. Initially focusing on the North-East of England, Adderstone Group now manages new and existing commercial and residential property developments across the UK.
Adderstone’s Commercial Estates Division currently manages over 300,000 square feet of commercial office space on behalf of a wide range of Clients and Investors. Their remit includes the procurement of energy for each of these buildings. Pickwick Cross has been managing this on their behalf since 2016 and currently looks after over 40 meter points. When we were first approached to review their contracts we found that they were with a wide range of Suppliers with multiple start and end dates. We conducted a tender exercise across a number of Suppliers to find the most competitive rates and to harmonise the contract end dates. This has helped to reduce the administrative burden on the Commercial Estates team.
Nicola Williamson, Property Manager, commented: “Working with Yash Sarnaik at Pickwick Cross, we have been able to outsource the management of all of our commercial property portfolio. This has delivered significant benefits in terms of reducing the time it takes to source new contracts as well as ensuring that we secure the most competitive rates. In addition, Yash has handled a range of queries and billing errors on our behalf. We look forward to working together in the future.”
Pickwick Cross can secure contracts of up to 5 years in length and can help you enter into a contract up to 12 months in advance of your current contract end date. In a rising market, these two features alone can provide significant benefit in terms of budget certainty and peace of mind.
