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Pinnacle Group will expand its property management services with the addition of nearly 200 commercial properties to its portfolio, strengthening its role as a market-leading provider of integrated housing, neighbourhood and workplace solutions.
The new instruction sees Pinnacle managing a diverse range of commercial and community-facing properties on behalf of Hyde Group, following Hyde’s strategic investment into Pinnacle in October 2024. Pinnacle’s role will involve income collection, lease management, rent collection and compliance reporting.
The commercial properties span a broad mix of uses that play a vital role in local communities, including children’s centres and nurseries, community centres, dance studios and offices, as well as a wide variety of retail and service units.
Geographically, the portfolio is concentrated in London, with additional properties located across Kent, the wider South of England, and Peterborough.
Jim Saunders, Group Business Development Director, Pinnacle Group, said: “This commercial property instruction demonstrates the growing scope and breadth of Pinnacle’s management capacity & capability. This new contract is a strong reflection of our evolving partnership with the Hyde Group and our shared commitment to creating well managed places that support thriving communities.”
Andy Hulme, Group Chief Executive Officer of the Hyde Group, commented: “This instruction builds on our growing combined offer with Pinnacle Group. Their expertise in managing complex, mixed-use environments gives us confidence that these assets will be managed to a high standard, supporting thriving community spaces and strengthening our collective offer to clients and customers.”
