Alex Tross has been appointed Associate Director at LSH in Birmingham where he will lead the Birmingham Office Agency team working with Regional Director Ian Leather and Surveyor Ankur Chadha.
Following a successful career in corporate sales and account management, the 39-year-old joined the Birmingham office agency team of Colliers International in 2006 after gaining an MSc in Real Estate Management.
His achievements include the acquisition of the Birmingham HQ of the Turkish Embassy, disposing of 22,000 sq ft void space at Maple House in the city on behalf of GE Capital Real Estate, and the disposal of the long leasehold interest of the former Birmingham Science Museum on behalf of RO Developments. His expertise includes advising landlords, tenant representation and development consultancy.
Improving Birmingham market presents growth opportunity
Alex said: “The opportunity to join Lambert Smith Hampton’s office agency team was simply too good to ignore. LSH has always been a successful business and it has the perfect platform to take the business forward in what is an improving Birmingham market. I am very much looking forward to joining at an exciting time for LSH.”
Ian said: “Alex has a great deal of experience of the Birmingham office market and is recognised as one of its leading players. We are delighted that he has joined our team from Colliers International and I am looking forward to developing a positive partnership to strengthen the LSH position in Birmingham and the wider Midlands marketplace. I am sure he will be very successful in his new role here at Lambert Smith Hampton.
“He joins us at a time when Birmingham’s office market conditions are improving significantly with take-up in the first three quarters of 2013 surpassing the figures for the whole of the previous year.”
Growing appetite for investment in the regions
He added: “There is continued appetite from institutional investors for regional offices given the more favourable yield profile compared with the London office market. With signs of a recovering occupational market, investment demand is expected to strengthen further.
“The next 12 to 24 months will be prime time to invest in good quality, well located buildings. Market dynamics are very compelling with the impending imbalance of grade A supply, and the substantial inward investment into the city, such as the new Library of Birmingham, the redevelopment of New Street Station and the Metro Tram service.”