Delivering Growth: A strong year for the Fenn Wright Commercial Agency team
Despite wider economic challenges, the last twelve months have been a highly successful period for the Commercial Agency team at Fenn Wright, marked by robust performance and continued growth across both sales and lettings. Through a combination of market insight, proactive advice, and a focused approach, the team has delivered excellent results while further strengthening our position in the market.
In the lettings sector our total transaction value increased to excess of £5.5 million, representing a circa 12% uplift year-on-year. The total floor area let also rose to 568,531 sq ft, up 6.3%, reflecting consistent demand and stable occupancy levels.
Sales activity has been particularly strong, with the total value of sales reaching over £50 million – an increase of over 58% on the previous year. This significant growth demonstrates the team’s ability to identify and secure high-value opportunities in an evolving market.
The total sales square footage saw exceptional growth, more than doubling to 1,249,757 sq ft, a 128% increase year-on-year. This reflects not only an increase in activity but also a shift towards larger, more complex transactions, underlining the strength and depth of our expertise.
Alistair Mitchell MRICS, commented “Overall, these results highlight a year of meaningful progress, combining steady lettings performance with outstanding growth in sales. As we look ahead, the Commercial Agency team at Fenn Wright remains focused on building on this success – continuing to deliver expert advice and support to our clients.”
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Delivering Growth: A strong year for the Fenn Wright Commercial Agency team