Montagu Evans will focus on enabling more development of housing, urban logistics and healthcare in 2023, according to Rob Bower, the managing partner at the firm. The property consultancy will also concentrate on repurposing and repositioning stranded assets and places, such as older offices, retail and town centres, he added. Bower spoke to Property Week after the firm revealed a rise in both revenue and profit for the year to the end of March 2022, despite challenging market conditions.

He said: “Turbulent times are when clients need us most – from bringing more resources to in-house teams to thinking differently when the market is moving quickly, and new approaches are needed. We didn’t shy away from investment in the business, even during the most challenging moments of Covid-19. People were our priority, not just their health and wellbeing, but making sure they could proactively support clients during long periods of uncertainty. And, like the rest of the sector, we benefited from post-pandemic tailwinds driving market activity, particularly in transactional areas.”

Bower added that the company would continue to invest in its systems in 2023 (as data and insight grow in importance) as well as in training and development: ”Our focus remains on retaining talented people, and this will mean further investment, including in our early careers cohort, learning and development, and wider support networks. We also continue to focus on strategic senior lateral hires in areas such as sustainability, where our clients continue to face challenges.”