Centrick

Centrick, residential management with national coverage across the UK

Centrick presents itself as a national residential property management company caring for 30,000 homes across the UK. Its activity is aimed at developers, investors, freeholders and residential management companies (RMCs), whom it supports throughout the life of a development. The company states it has a team of more than 300 professionals, spread across offices, on-site work and mobile teams, and claims to manage over 575 communities with property under its care valued at £4.5 billion.

Services for developers, investors and communities

The offering is organised into several specialist lines. Building and estate management ranges from a single block of flats to residential estates and large city-centre developments, with end-to-end services for residential and mixed-use schemes. Build to Rent (BTR) management covers the entire lifecycle of these types of developments, from planning and mobilisation to day-to-day operations. Private rented sector (PRS) portfolio management is aimed at maximising returns and protecting long-term value.

Alongside these lines, Centrick offers consultancy on planning, viability and asset value throughout the life of the development; valuations and professional services for residential and commercial properties by RICS-accredited experts, including technical due diligence; and building safety services to help clients comply with current regulations and compliance requirements.

Service structure and accreditations

The company has five offices distributed between Manchester and the south coast of England. Its building and estate management team is TPI accredited, while valuations and professional services are provided by RICS-accredited specialists. The company also states that it is a regulated member of the main property industry bodies.

Managed communities

The site lists a series of developments under its management, including Broadway Residences in Birmingham, Iron Yard in Sheffield, New Central Apartments in Woking, St Martin's Place in Birmingham, The Grand Exchange in Bracknell, The Kettleworks in the Jewellery Quarter, The Saxons in Leicester, Victoria Point in Ashford and Hanwood Park in Kettering. The company also mentions its participation in Crest Nicholson's managing agent framework.

Sustainability and resident relations

Centrick links its activity to an environmental and social commitment that it describes in terms of building energy efficiency, recycling initiatives, biodiversity and green spaces. Operationally, the residential management it describes includes the day-to-day running of homes, buildings and communities: maintenance, service charge administration, financial reporting, building safety and communication with residents. The company stresses that the specific scope depends on each development and the level of on-site support required.

Track record and publications

The company places its track record at twenty years of activity as a property partner for homes and communities in the UK. It maintains a news and analysis section with content on building safety, the impact of the Renters' Rights Act on renting, joining managing agent frameworks and service charge management, among other topics.