Jones Hargreaves reaches £100m refurbishment project milestone

Jones Hargreaves reaches £100m refurbishment project milestone

Refurbishment projects and Technical Due Diligence instructions across all commercial sectors have dominated workload at independent commercial building, project and sustainability consultancy Jones Hargreaves in the year to date, as client activity increases from Q3 to Q4.

Jones Hargreaves has worked on refurbishment projects in excess of £100 million during 2024, while advising on the acquisition and disposal of more than 15 million sq. ft. of commercial property nationwide. This has culminated in a number of recent portfolio survey instructions which have demonstrated capacity and flexibility of the team across the summer months.

Matthew Jones, founding partner at Jones Hargreaves, said: “A number of our core clients are realising the inherent value in investing in their existing stock as market sentiment is becoming more favourable. This can simply be to improve and maintain from a building fabric perspective but, increasingly, is aimed at improving energy performance and sustainability credentials to respond to occupier demand. Our involvement in transactions across a spectrum of commercial property portfolios has also risen substantially in recent months, which our Technical Due Diligence offering has been able to resource promptly and efficiently.” 



Jones Hargreaves has taken on over 700 instructions in the first nine months of the 2024 calendar year (Jan-September 2024) which reflects a 20% rise compared to the same period in 2023; marking its strongest performance to date. And with a robust pipeline of activity, the firm is set to secure a turnover of over £7m in the current financial year whilst being on course to complete over 1,000 instructions by the end of December 2024.  

Since the beginning of August 2024, the firm has seen a significant uplift in technical due diligence instructions both on individual assets and in large portfolios, often with a focus on ESG and Sustainability credentials, demonstrating the in-house multidisciplinary expertise of Jones Hargreaves.

The business is this year marking its 15th anniversary having been established by experienced commercial property professionals Matt Jones and Peter Hargreaves in 2009. Matt Williams joined the duo as partner very shortly afterwards in 2010, and by the close of 2015, the team headcount had reached double figures. 

Due to unwavering client faith, Jones Hargreaves has continued to expand despite headwinds caused by the pandemic and Brexit and the firm now has an eight strong in-house ESG team, which has itself grown rapidly since being established in early 2022.



Jones Hargreaves will have a team of more than 40 people by the end of 2024 and the business has been able to support a number of promotions and office location changes to underpin career development over the years.


Share icon
Share this article: