Nottingham property company wins prestigious TRI award

Nottingham-headquartered property company John Pye Property is celebrating after being named ‘property valuation provider of the year’ at the Turnaround, Restructuring & Insolvency (TRI) awards.

The award follows the company’s first ever shortlisting for the honours, which celebrate outstanding achievements in the turnaround, funding, corporate restructuring, insolvency and personal debt advice industries.

The judges for the award pointed to the company’s ability to manage complex cases, alternate supporting strategies and deliver maximum value to stakeholders as the key factors in their decision.

Richard Reed, head of property at John Pye, said: “We are absolutely thrilled to pick up this award on behalf of the whole John Pye Property team. The awards represent an industry benchmark for advisory, valuation and disposal services – it is fantastic recognition of the continued success of our pioneering approach to the property industry and in particular our expertise in the insolvency sector.”

The last year has seen John Pye Property conduct more than a thousand free valuations all across the UK, covering residential properties, commercial properties and land, and selling hundreds of properties through its monthly auctions and its estate agency.

Reed added: “In the five years or so the property department has been operating, we have always strived for excellence. Our services and offerings are increasing month-on-month and we have a great team that is always looking to grow and work with new clients.”

“More and more insolvency clients are taking advantage of our property services. Whether it be RICS advice on complex property matters and property valuations, or disposal services benefiting from 0% sellers fees through either our monthly auctions or estate agency, to maintaining and securing properties. John Pye Property offers the full spectrum of property services to insolvency practitioners.”

There was also success for the wider John Pye brand, which picked up the award for ‘asset valuer / auctioneer of the year’ category at the London ceremony. An award the business has won for four consecutive years.

Adam Pye, Managing Director of John Pye said: “We are delighted that the great work by the property team has been acknowledged on a national level. They play a crucial part in the success of the company as a whole, and this achievement recognises the brilliant and comprehensive job they do every day.”