Joint Agent

Joint Agent

A person who is authorized to facilitate business between two principals. For example, a joint agent may assist both the buyer and the seller of an asset.
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ACTING on behalf of private clients, Legat Owen and joint agent ADS have successfully sold Eden House, a prime freehold office investment on Chester Business park to Cheshire based SHS Estates, in a deal worth in in excess of the PS4.25 million 7.35% Net Initial Yield (NIY) guide.
The sale, coupled with the further recent sale of Remax's 17,308 sq ft No.24A and The Mews Calthorpe Road buildings by joint agent GBR Phoenix Beard, brings the recent disposals to 26,392 sq ft.
Chris Pearson, partner at Gavin Black & Partners, joint agent with Naylors, advised the private investor clients.
The Bradford office of chartered surveyors Eddisons, which acted as joint agent with Gent Visick, said interest had been high from the very start.
CBRE's office agency team in Birmingham advised the landlord, CBRE Global Investors, on the letting along with joint agent DTZ.
Hamptons International, joint agent for the house with Sotheby's, will market it this week for pounds 20million.
Property firm Knight Frank has been appointed as joint agent, alongside Rook Matthews Sayer, by Regent Homes to market the flagship development on Royal Quays, which will be called Blue Quays.
She is also acting for INVESCO as joint agent on three further office buildings on the Park Square phase of the business park, where they have suites available from 3,000 sq ft up to a self-contained building of 12,000 sq ft.
Eddisons acted as joint agent with Walker Singleton, who concluded the sale on behalf of Commercial Development Projects Ltd.
DTZ and joint agent BE Group acted on behalf of the landlord, The Co-Operative Estates Group.
For more information call Tim Main of Balfours on 01743 353511 or visit www.balfours.co.uk, or joint agent, Bruton Knowles 01452 880000.
Cushman & Wakefield has been instructed by the new owner of the shopping centre, Delancey, and will work with joint agent Green and Partners, of London.
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